Hurst Financial Management, Inc. (Muncie)


Hurst Financial Management, Inc. is a large advisory firm based in Muncie. It manages $31.96 million of regulatory assets for 195 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Indiana.

Hurst Financial Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hurst Financial Management: assets under management

The assets under management (AUM) of Hurst Financial Management, Inc. is $31.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $31.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $163.92 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hurst Financial Management, Inc. for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Hurst Financial Management, Inc.

Phillip Gordon Hurst has been acting as President since 1 Apr 1988. Sarah Virginia Mccord joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Phillip Gordon Hurst President 1 Apr 1988 75% - 100% 846780
Sarah Virginia Mccord Chief compliance officer 1 Jan 2006 Other 3055622

Based in Muncie

The principal office where Hurst Financial Management, Inc. performs its advisory services is located at 330 East Main Street, Muncie, IN 47305, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 765-289-8888 or by fax 765-289-8890. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.hurstfin.com.