WORKING WITH THE BEST VENDORS

Transitions made... less painful

We share what to expect and how to approach your firm and your clients.

Our account services team and automated e-signature system makes your transition faster and easier.

Enjoy better returns on existing clients and build your book with our marketing resources.

1. We plan the transition together

2. We help you make it happen

3. We celebrate and help you grow

Surpass old limits with new product creation

Large institutions are slow to change, pushing their own product and keeping smart advisors from building their own product and innovative approach. We are constantly looking for individuals with unique strategies to build funds or control fund mandates.

At HFI Private Wealth, advisors can create their own funds, dictating strategy and receiving management fees from in the fund.

Systems built for ease and efficiency

Instead of filling out repetitive forms, our automated fill-and-sign documentation system makes paperwork a breeze. Client onboarding, annual updates, and any other repetitive tasks – fast and organized.

Rather than adopting archaic procedures, we've building our own best practices rooted in practicality. Whether it's onboarding or back office support, our team is here to make this easy on advisors.

Rather than policing our advisors, we believe that a proactive compliance team can save time and stress for our advisors – and that makes better business sense.

Save time on repetitive tasks

Updated, sensible processes

A compliance team that helps instead of hurts

HFI Private Wealth provides the system, tools, and support for advisors to build their own product and truly control what they do.

Built to empower the advisor

WORKING WITH THE BEST VENDORS

Surpass old limits with new product creation

Institutions are slow to change, pushing their own product and keeping smart advisors from building their own product.

Our advisors can create their own product, dictating strategy and participating in the fund compensation.

Access to products that clients want

We offer our advisors a variety of products and help them package these products for their clients:

traditional global equities, mutual funds, and ETFs
real estate, structured investments, and mortgage investments
private equity, venture capital and alternatives

Most companies offer advisors a limited number of products, which makes it hard to meet the needs of a client. At HFI Private Wealth, we believe that diversity is essential.

Built for ease and efficiency

Instead of filling out manual forms, our automated fill-and-sign documentation system makes client onboarding, annual updates, and any other repetitive tasks fast and organized.

Rather than policing our advisors, we believe that a proactive compliance team can save time and stress for our advisors – and that makes better business sense.

Rather than adopting archaic procedures, we are building our own best practices rooted in practicality. Whether it's onboarding or back office support, our team is here to make this easy for advisors.

Save time on repetitive tasks

A compliance team that helps instead of hurts

Updated, sensible processes

Inspired by advisors. Built by entrepreneurs.

Advisor restrictions are not new, but they are painful. There is always a reason for why these countless rules exist, but we couldn't accept that – we have built a better way to do business.

From autonomy to career growth to compliance processes, we have built our firm to cater to the advisor.

Transitions made... less painful

We share what to expect and how to approach your firm and your clients.

Our account services team and automated e-signature system makes your transition faster and easier.

Enjoy better returns on existing clients and build your book with our marketing resources.

1. We plan the transition together

2. We help you make it happen

3. We celebrate and help you grow

Reach out today to see if HFI Private Wealth is right for you

The top 5 reasons our advisors chose us

1. We value our advisors and compensate them fairly. We believe in fairly compensating our team members for the work they do. No grid fees means our advisors are making significantly more (often double) their previous earnings with the same book of clients.

2. We support our advisors in their professional growth. Whether you’re ready to step past the mutual funds or well on your way to becoming a Portfolio Manager, our team is here to support you and give you the tools you need to make progress.

3. A strong variety of products that continues to grow. When we say diversity, we back it up. We don’t just include mutual funds and stocks, we give our advisors access to the private sector in spaces like real estate, venture capital, and crypto.

4. Our advisors own their book of clients, truly. The advisors put in the leg work to find and build relationships with clients, so we don’t believe it’s fair for firms to try and poach clients when advisors decide to leave a firm. That's why we'll never do it, and we put it in writing - your clients are your clients forever.

5. We give our advisors the freedom to do what they want. From an open product offering to a personalized billing structure, we offer a flexible framework to enable our advisors to excel.

What else you'll find on this page

The top 5 reasons our advisors chose us.

The top 5 reasons our advisors chose us

1. We value our advisors and compensate them fairly. We believe in fairly compensating our team members for the work they do. No grid fees means our advisors are making significantly more (sometimes double or even triple) their previous earnings with the same book of clients.

2. We support our advisors in their professional growth. Whether you’re ready to step past the mutual funds or well on your way to becoming a Portfolio Manager, our team is here to support you and give you the tools you need to make progress.

3. A strong variety of products that continues to grow. When we say diversity, we back it up. We don’t just include mutual funds and stocks, we give our advisors access to the private sector in spaces like real estate, venture capital, and even crypto.

4. Our advisors own their book of clients, truly. The advisors put in the leg work to find and build relationships with clients, so we don’t believe it’s fair for firms to try and poach clients when advisors decide to leave a firm. That's why we'll never do it, and we put it in writing - your clients are your clients forever.

5. We give our advisors the freedom to do what they want. From an open product offering to a personalized billing structure, we offer a flexible framework to enable our advisors to excel.

What grid fees are costing advisors

You may be all-too-aware of the grid fees your firm charges or you may now accept them as normal, but grid fees are an archaic practice that have been accepted as tradition. Every firm has a different rationale, and they only seem to grow over time - but we don’t believe they should be normal.

The average advisor has a book of clients with about $14 million AUM (assets under management).

The typical fund will charge 2% - 1% for the fund and 1% for the advisor.

If a firm charges a 50% grid fee (50 basis points), that means the advisor gets the other 50 basis points - $70,000.

That means this advisor would be losing out on $70,000 annually to grid fees. At HFI Private Wealth, there are no grid fees - this advisor could be making $140,000 with the same book of clients.

Let's talk

Whether you have questions about the company or the process, it all starts with a conversation.

What grid fees are costing advisors.

The story of how we got here.

Your questions, answered.

A simple and easy way to get started.

Grow your book with modern marketing systems

Big companies have tight regulations around advisor marketing, making it hard to build trust and close new clients. We've built modern processes so you can advertise and engage with your future clients, while staying compliant.

We've embraced digital marketing and work with you to build your brand and grow your book.

Grow your book with marketing freedom

We've embraced digital marketing and work with you to build your brand and grow your book.

Big companies have tight regulations around advisor marketing, making it hard to find clients and build trust. We've built modern processes so you can advertise and engage with your future clients, while staying compliant.

Freedom to curate your personal product offering

HFI Private Wealth

Build your own fund, control your fee structures, and grow your book with our modern systems and flexible infrastructure.

Inspired by advisors.
Built by entrepreneurs.

Advisor restrictions are not new, but they are painful. There is always a reason for why these countless rules exist, but we couldn't accept that – we have built a better way to do business.

From autonomy to career growth to compliance processes, we built our firm to cater to the advisor.

Let's talk

If you're excited about creating a personalized product offering, a modern system with sensible processes, and taking the next step in your professional career, reach out to us today.

The story of how we got here will feel familiar.

We began in the financial advisory industry almost two decades ago. We've played the eat-what-you-kill game, starting at $2.50/hour in the early years. We've built a practice from the ground up. And like you, we've seen nothing but barriers.

Grid compression, poor systems, lack of product access, and senseless politics.

That's why we built HFI Private Wealth – to do it better. We want to be your collaborators and your colleagues. We will guide you through the transition and together, we will make something great.

Hoovest Financial Inc. (“HFI“) is registered with the British Columbia Securities Commission as an Investment Fund Manager, Portfolio Manager, and Exempt Market Dealer. It is also registered in the same categories in Alberta, Saskatchewan, Manitoba, Ontario, and Québec.

Freedom to curate your personal product offering

HFI Private Wealth

Build your own product, control your fee structures, and grow your book with our modern systems and flexible infrastructure.

At HFI Private Wealth, we are constantly looking for individuals with unique strategies – we believe it is these people that will elevate our team.

The story of how we got here will feel familiar.

We began in the financial advisory industry almost two decades ago. We've played the eat-what-you-kill game, starting at $2.50/hour in the early years. We've built a practice from the ground up. And like you, we've seen nothing but barriers.

Grid compression, poor systems, lack of product access, and senseless politics.

That's why we built HFI Private Wealth – to do it better. We want to be your collaborators and your colleagues. We will guide you through the transition and together, we will make something great.

Hoovest Financial Inc. (“HFI“) is registered with the British Columbia Securities Commission as an Investment Fund Manager, Portfolio Manager, and Exempt Market Dealer. It is also registered in the same categories in Alberta, Saskatchewan, Manitoba, Ontario, and Québec.

Your questions, answered

Where are your offices and can I work remotely?

Our head office is in Vancouver, but we have embraced a fully remote work environment so you can work from anywhere in Canada.

How does your company culture compare to that of the bigger companies I'm used to?

We believe work culture is important, especially at a small company. We get to know every person that joins HFI through frequent meetings. We’ve always got new initiatives on the go and share progress updates as well as issues we face.

At HFI Wealth Management you’ll be part of a growing group of forward thinking advisors that care about growth, opportunity, and what’s next.

What type of person are you looking for?

We’ve built an investment firm dedicated to solving the problems of the advisors. If you resonate with the issues we’ve touched on, there’s a strong chance we’re looking for you.

If you are open to new opportunities, want to progress your career, and are excited about discarding archaic industry norms, we’d love to hear from you.

Who else is on our team?

We are a diverse team with a diverse background. We have team members that took a classical career path into investment, while others are self taught. We have team members that come from real estate, media, marketing, entrepreneurship, and technology.

We are a diverse and driven set of individuals - that’s why we are open to all advisors looking for something better.

What kind of desk fees can you expect?

We only charge "desk fees" for technology over and above what we use as standard in the firm. We aren’t here to make money off desk fees so we are simply passing along any additional costs of the software you end up using. We have made sure all the basics are no cost to get you started.

How do I get started?

If you're interested but are not sure about the next steps, book a time to talk and we'll discuss your particular situation and how best to proceed.

Are you IIROC or MFDA? What is your Licensing?

Neither, we are registered directly with the security commissions in jurisdictions we operate in. We are licensed as a Portfolio Management Firm, Investment Fund Management Firm, and an Exempt Market Dealer [license: IIROC, MFDA].

Can I get access to any private products? Can I get a new product added to the approved list?

Yes and yes. We have in-house funds that give you access to various private products and our investment committee will review potential investment opportunities at no cost.

Your questions, answered

Where are our offices located?

Our head office is in Vancouver, but we have embraced a fully remote work environment so you can work from anywhere in Canada. We are registered with the securities commission in British Columbia, Alberta, Saskatchewan, and Manitoba.

We are in the process of registering with the Ontario and Quebec securities commission and should have approval/confirmation later this year.

How does your company culture compare to that of the bigger companies I'm used to?

We believe work culture is very important, especially at a small company. We get to know every person that joins the team and connect on a weekly basis. We’ve always got new initiatives on the go and share progress updates as well as issues we face.

Working at HFI Private Wealth means you’ll be part of a growing team of forward thinking advisors that cares about growth, opportunity, and what’s next.