Hurley Financial Group, Inc. (Corvallis)


Hurley Financial Group, Inc. is a large advisory firm based in Corvallis. It manages $176 million of regulatory assets for 1,442 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Colorado, and 5 other states.

Hurley Financial Group provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hurley Financial Group: assets under management

The assets under management (AUM) of Hurley Financial Group, Inc. is $176 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $176 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $122.05 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hurley Financial Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dorann Alderin Hurley serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Dorann Alderin Hurley is individuals with 379 clients and $113.91 million of assets under management. Among the 8 most similar advisory firms, Hurley Financial Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $175.91 million for 426 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Hurley Financial Group doesn't advise any private funds.

Careers at Hurley Financial Group, Inc.

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Dorann Alderin Hurley President/chief compliance officer 1 Sep 2004 75% - 100% 1782641

Based in Corvallis

The principal office where Hurley Financial Group, Inc. performs its advisory services is located at 111 Sw 4 Th Street, Corvallis, OR 97333, 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 541-757-2331 or by fax 541-757-2358. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at hurleyfinancial.com/.