Loading
Tap on the profile icon to edit
your financial details.

Hawkins Wealth Management Review

Your Details Done
by Updated
Hawkins Wealth Management

Hawkins Wealth Management is an SEC-registered investment advisor based in North Liberty, Iowa. It provides holistic financial planning and investment advisory services to a range of clients including individuals and businesses. It currently holds more than $200 million in assets under management (AUM). The firm provides investment management services on a wrap-fee basis. 

Hawkins Wealth Management Background 

Hawkins Wealth Management has been providing investment advisory services since 2012. The firm currently employs certified financial planners (CFPs). As a fiduciary in the industry, it is committed to work in the best interests of its clients. 

What Types of Clients Does Hawkins Wealth Management Accept?

Hawkins Wealth Management mostly works with individuals. Most of these are high-net-worth individuals. However, the firm also provides its services to businesses and employer-sponsored retirement plans. 

Hawkins Wealth Management Minimum Account Size

To open an account with Hawkins Wealth Management, you’d generally need a minimum account size of $500,000. However, you can enroll in a TIAA allocation service with a minimum of $350,000. 

Services Offered by Hawkins Wealth Management

Hawkins Wealth Management provides investment advisory and financial planning services. The firm offers an investment portfolio management through a wrap-fee program. In addition, it provides general financial planning services. These may touch upon the following based on your needs:

Hawkins Wealth Management Investment Philosophy

Hawkins Wealth Management uses a variety of methods when making investment decisions. For instance, it utilizes charting. This type of analysis involves analyzing charts to predict future market movements. It also practices fundamental analysis. This method entails an in-depth study of several factors, including overall economic outlook, industry-specific conditions and the state of companies. 

Fees Under Hawkins Wealth Management

American Funds charges investment advisory clients of Hawkins Wealth Management an annual fee of 1.00%. The firm calculates that fee based on your AUM and directly deducts its from your account. In addition, the firm charges a flat fee for financial planning services. The hourly fee typically ranges from $2,500 to $50,000. 

What to Watch Out For

Because some representatives of Hawkins Wealth Management are insurance salesmen, the firm may be incentivised to recommends specific securities. These individuals may receive compensation for making those recommendations. This arrangement may create a conflict of interest. However, the firm has a fiduciary duty to work in the best interests of the client regardless of compensation. 

Disclosures

Back in 2017, the SEC issued a cease and dissist order against Hawkins Wealth Management for failing to disclose a forgivable loan of almost $350,000 that LPL Financial provided. 

Opening an Account with Hawkins Wealth Management

The easisest way to open an account with Hawkins Wealth Management is by visiting the firm’s main office in North Liberty, Iowa. You can also reach the firm by dialing (319) 626-3580.  

Where Is Hawkins Wealth Management Located?

Hawkins Wealth Management is located on 1210 Jordan St. Suite 3 in North Liberty, Iowa. 

Tips for Finding a Financial Advisor

  • Finding the right financial advisor that fits your needs doesn’t have to be hard. SmartAsset’s free tool matches you with financial advisors in your area in 5 minutes. If you’re ready to be matched with local advisors that will help you achieve your financial goals, get started now.
  • Keep in mind that not all advisors are equally experienced. In general, you should work with a certified financial planner (CFP) who also is a fiduciary

How Many Years $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology To determine how long a $1 million nest egg would cover retirement costs in cities across America, we analyzed data on average expenditures for seniors, cost of living and investment returns.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. This reflects the typical return on a conservative investment portfolio. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research