Hibernia Wealth Management

What Hibernia Wealth Management does

Hibernia Wealth Management is an independent, fee-based registered investment advisor founded in 2015 and headquartered in Baton Rouge, Louisiana, with a secondary office in Dallas, Texas. The firm is led by founder and wealth advisor Paul Saltaformaggio, who has been recognized as a Forbes Best-In-State Wealth Advisor in Louisiana for six consecutive years (2021-2026). Operating under the legal entity Hibernia Wealth Partners LLC and affiliated with LPL Financial as its broker-dealer, the firm employs approximately 10 professionals across wealth advisory, operations, business development, and client relationship management roles.

The firm's service portfolio spans four core product lines: (1) Guided Wealth Portfolios (GWP), a centrally managed, algorithm-based robo-advisor program sponsored by LPL Financial that uses FutureAdvisor's proprietary automated computer algorithms to generate investment recommendations from LPL-constructed model portfolios; (2) comprehensive retirement planning covering income planning, Social Security optimization, estate planning, and insurance coordination; (3) Structured Settlements, which convert personal injury, wrongful death, and workers compensation settlements into tax-free income streams; and (4) Attorney Fee Deferral, a specialized platform enabling attorneys to convert lump-sum contingency fees into tax-deferred, income-generating investments. Investment advisory fees are the primary revenue stream, structured around assets under management, while the Attorney Fee Deferral and Structured Settlement offerings generate professional services and management fees.

Hibernia's go-to-market is sales-led and advisor-mediated, relying on referrals, center-of-influence marketing, direct outreach, and content marketing (weekly market commentary blog, email newsletter, resource center) to acquire clients. The firm serves four distinct segments: individuals and families approaching or in retirement (primary), small business owners planning succession, attorneys receiving contingency fees, and settlement recipients. Pricing is not publicly disclosed, though the GWP product is positioned with a freemium "Free to Start" entry point, with management fees discussed during advisory consultations.

Name

Hibernia Wealth Management

Legal name

Hibernia Wealth Partners LLC

Website

https://hiberniawealth.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Hibernia Wealth Management is an independent, fee-based RIA founded in 2015 in Baton Rouge, LA, offering retirement planning, investment management, Guided Wealth Portfolios, structured settlements, and attorney fee deferral services to individuals, families, attorneys, and settlement recipients across Louisiana and Texas.

Ownership category

akta.pro rank

Product category

Wealth Management and Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI), Private Client/High-Net-Worth Advisory (FSAEAAAN)

Keywords

• Wealth management services
• Retirement income planning
• Investment advisory services
• Structured settlement planning
• Estate and insurance planning

Headquarters

HQ city

Baton Rouge

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Advisory Fees: Fee-based investment advisory services where clients pay for personalized financial planning and portfolio management, typically based on assets under management (AUM). The firm is supported by LPL Financial for brokerage services.
2. Attorney Fee Deferral Services: Specialized fee deferral services for attorneys allowing them to defer contingency fees into tax-advantaged investment structures, generating advisory and management fees.
3. Structured Settlement Services: Services helping claimants receive structured settlements in series of income tax-free payments, with management and advisory support.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Hibernia Wealth Management is an independent, fee-based registered investment advisory firm that provides holistic financial planning and investment management services to individuals and families. Core offerings include the Guided Wealth Portfolios (GWP) robo-advisor program, retirement income and Social Security optimization, estate and insurance planning, personalized investment and asset management, structured settlement planning, and specialized attorney fee deferral solutions. Execution and custody are delivered through its broker-dealer partner, LPL Financial.

Product overview

Hibernia Wealth Management is an independent, fee-based wealth management advisory firm offering a suite of financial planning and investment management services. The core product portfolio includes Guided Wealth Portfolios (GWP), an algorithmic robo-advisor program powered by FutureAdvisor and sponsored by LPL Financial; Structured Settlements for tax-advantaged settlement payments; Attorney Fee Deferral services for legal professionals; and comprehensive retirement planning covering income planning, Social Security optimization, estate strategies, and insurance solutions. The firm operates through LPL Financial as its broker-dealer and serves clients from offices in Baton Rouge, LA and Dallas, TX.

Differentiator

Problem solved

Functional benefit

Products and services

• Guided Wealth Portfolios (GWP) A centrally managed, algorithm-based robo-advisor investment program sponsored by LPL Financial LLC that uses proprietary, automated computer algorithms of FutureAdvisor to generate personalized investment recommendations based on LPL-constructed model portfolios. Offered to clients who want online access with advisor support, including tax-efficient investing, tax-loss harvesting, and consistent portfolio monitoring with 24/7 account access.
• Structured Settlements Advisory and management support that allows claimants receiving personal injury, wrongful death, or workers compensation settlements to receive those settlements as a series of income tax-free payments. Provides a guaranteed rate of return and supports long-term financial planning for the recipient.
• Attorney Fee Deferral Structured fee deferral solution that enables attorneys to convert lump-sum contingency fees into tax-deferred, income-generating investments. Includes options for investment accounts, alternative investments, and Treasury Funded Structured Settlements, preserving fee value by deferring taxation and providing predictable income distributions for plaintiff attorneys.
• Income, Social Security, Estate & Insurance Planning Comprehensive retirement planning services for individuals, couples, and families, covering income planning, Social Security optimization, estate planning strategies, and insurance planning to address long-term planning needs.
• Investments & Asset Management Holistic investment and asset management service developing personalized portfolios, continually monitoring investments, and ensuring preservation of financial goals through frequent check-ins and allocation adjustments for individual clients.

Quantifiable outcome

• Six consecutive years of Forbes Best-In-State Wealth Advisor recognition (2021-2026)

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• LPL Financial LLCcoreTechnology or IntegrationLPL Financial is the broker-dealer partner providing brokerage services, custody, and technology platform for Hibernia Wealth Management. LPL supports financial advisors with a wide range of affiliation models, investment solutions, fintech tools and practice management services. Securities are offered through LPL Financial, member FINRA/SIPC.
• FutureAdvisorcoreTechnology or IntegrationFutureAdvisor provides proprietary, automated computer algorithms used within the Guided Wealth Portfolios (GWP) program to generate investment recommendations based upon model portfolios constructed by LPL Financial. FutureAdvisor and LPL are non-affiliated entities.
• SHOOK ResearchminorOthersSHOOK Research developed the Forbes Best-In-State Wealth Management Teams ranking methodology used to recognize Paul Saltaformaggio as a Forbes Best-In-State Wealth Advisor for 2021-2026.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Carson Group: Wealth management firm and advisor platform providing financial planning, investment management, and coaching services to independent advisors and their clients. Comparable as an independent advisor model serving retirees and families with holistic planning, with similar reliance on third-party custodians and broker-dealers.
• Mariner Wealth Advisors: Large independent RIA offering comprehensive financial planning, investment management, and tax/estate services to individuals and families — directly comparable to Hibernia's holistic wealth-management positioning and independent-LPL-like broker-dealer architecture (Mariner operates through its own platform and affiliations).
• Mercer Advisors: National independent RIA providing wealth management, investment advisory, estate, tax, and retirement planning. Comparable as an independent RIA targeting retirees and HNW families with comprehensive planning services.
• Steward Partners: Employee-owned partnership supporting independent advisors with full-service wealth management resources. Comparable as an independent, advisor-led wealth management firm offering comprehensive financial planning to individuals and families.
• Corient: Independent, fee-only RIA serving ultra-high-net-worth and high-net-worth individuals and families with comprehensive wealth planning, investment management, and family-office services. Comparable as an independent RIA built through advisor recruitment and partnership roll-ups serving affluent clientele.
• Sanctuary Wealth: Partnership-based RIA platform supporting independent advisors with custody, technology, and operations. Directly comparable in that Hibernia is an LPL-affiliated independent RIA relying on a third-party platform — Sanctuary offers a similar 'independent advisor + partner platform' model.
• Creative Planning: One of the largest independent RIAs in the U.S., offering fee-only financial planning, investment management, and retirement/estate services to individuals nationwide. Directly comparable in business model (fee-based, independent, holistic planning) and target customer (retirees and affluent families).

Broad incumbents

• Edelman Financial Engines: Large national independent RIA combining advisor-led planning with a digital advice platform — a direct structural analog to Hibernia's GWP-plus-advisor hybrid model, but at vastly greater scale and with proprietary technology assets.
• LPL Financial: Largest independent broker-dealer in the U.S. and Hibernia's core technology/custody/operations partner. While not a competitor, LPL's thousands of affiliated advisors (each operating as an independent RIA similar to Hibernia) define the competitive set Hibernia operates within.
• Ameriprise Financial: Diversified financial services firm with a large advisor-led wealth management channel serving retirees and affluent families. Comparable target customer (retirees, HNW individuals) and holistic planning offering, though broader product mix and proprietary products differentiate it from Hibernia's pure RIA structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HiberniaWealth

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hibernia Wealth Management