Hackman Financial Group logo

Hackman Financial Group

Updated today

Client assets under management

$410,511,560

Clients

667

29% high-net-worth

Advisors

5

of 9 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

133

Very High

Average account size

$615,460

About

Hackman Financial Group is an SEC-registered advisory that serves individuals (including high‑net‑worth clients), trusts, estates, businesses, charitable organizations and retirement plans; the five-advisor team manages approximately $426.7 million for roughly 667 clients. The firm provides discretionary portfolio management, financial planning and retirement‑plan advisory services and may engage unaffiliated independent managers for portions of client portfolios.

The firm’s investment process is primarily long‑term oriented but uses fundamental, technical and charting analysis to construct diversified portfolios of mutual funds, ETFs, equities, fixed income and REITs, and it will rebalance or trade for tactical, tax, or client‑specific needs. Clients work with the firm to set objectives and risk tolerances, after which Hackman Financial Group implements and monitors accounts and provides periodic reviews and reporting.

What is noteworthy about Hackman Financial Group is that it sponsors a Wrap Fee Program (Appendix 1) that bundles securities transaction costs into its asset‑based advisory fee — a feature relatively uncommon among similar team firms; the brochure discloses the conflicts this creates and describes oversight measures (including Chief Compliance Officer reviews and consideration of no‑transaction‑fee funds). The firm also operates on the LPL Financial platform and discloses that its advisory personnel are registered representatives and licensed insurance professionals affiliated with an insurance agency, arrangements the brochure identifies as potential conflicts alongside its supervisory and disclosure practices.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Retirement plans for business owners (SEP, solo 401k) Business succession planning Cash flow / budgeting Wealth management

Occupation focus

Founder/Business Owner

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Fee options

Fixed

Financial planning fixed fees typically up to $5,000, negotiable, complex engagements may exceed $5,000.

Percentage

$0+: 0.30% annually (lowest) +: up to 1.50% annually (highest)

Commissions

Certain Advisory Persons are registered representatives of LPL Financial and receive commissions for securities transactions implemented outside advisory services; also receive commissions from insurance sales through affiliated insurance agency. These commissions are separate from advisory fees.

Project-based

Financial planning hourly rate up to $250 per hour.

Other

Fee-only: Investment advisory fees range from 0.30% to 1.50% annually, paid quarterly in advance; negotiable fees based on asset level, complexity, and relationship; financial planning offered hourly (up to $250/hr) or fixed fee (typically up to $5,000; complex engagements may exceed $5,000). Retirement plan advisory fees up to 1.50%, negotiable.

Main office location

Hackman Financial Group

7355 E. Kemper Road

Cincinnati OH 45249, United States

Number of offices

1

Most active in

Florida · Illinois · Indiana · Kentucky · New Hampshire · Ohio · South Carolina

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

John S

Series 63

Cincinnati, OH

Hackman Financial Group

John Spencer is a financial advisor with Hackman Financial Group in Cincinnati, OH, holding a Series 63 designation and bringing 30 years of industry experience. He has worked at Hackman Financial Group since 2016 and has been affiliated with LPL Financial LLC since 2015. Outside of his advisory role, he serves as a rugby referee for the Ohio Rugby Referees Society. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, employing a primarily long-term, portfolio-driven investment approach with diversified allocations across multiple asset classes.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Cash flow / budgeting Wealth management Founder/Business Owner
user avatar

Stephen H

Series 66

Cincinnati, OH

Hackman Financial Group

Stephen Hackman is a financial advisor at Hackman Financial Group in Cincinnati, OH, with three years of industry experience. He holds the Series 66 designation and has prior experience at Ernst & Young LLP. Hackman also serves as a financial advisor for non-variable insurance. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, utilizing a long-term, portfolio-driven approach with diversified allocations and ERISA-aware retirement plan advisory.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Cash flow / budgeting Wealth management Founder/Business Owner
user avatar

Steven N

Series 63

Cincinnati, OH

Hackman Financial Group

Steven Nguyen is a financial advisor with Hackman Financial Group in Cincinnati, Ohio, holding a Series 63 designation and 30 years of industry experience. He has been with Hackman Financial Group since 2016 and also maintains a long-term association with LPL Financial LLC. Outside of his advisory work, Nguyen serves as an assistant varsity men's golf coach for Lakota Local Schools and participates as a high school baseball umpire with the Butler County Umpires Association. Hackman Financial Group is a six-advisor team providing discretionary investment management, financial planning, and retirement-plan advisory services to individuals, high-net-worth clients, trusts, estates, businesses, and charitable organizations. The firm employs a primarily long-term, portfolio-driven investment approach, utilizing diversified allocations and various analytical methods to guide security selection and account monitoring.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Cash flow / budgeting Wealth management Founder/Business Owner
user avatar

Joseph J

Series 63, Series 65

Cincinnati, OH

Hackman Financial Group

Joseph Jones is a financial advisor with Hackman Financial Group in Cincinnati, OH, holding Series 63 and Series 65 licenses and bringing 27 years of industry experience. He has worked at Ameriprise Financial Services, Inc. for 13 years and has been with Hackman Financial Group and LPL Financial LLC since 2022. Outside of his advisory role, he is a partner and co-owner of 4Majors Lawn & Landscape, a landscaping business. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, employing a long-term, portfolio-driven investment approach with diversified allocations and ongoing portfolio supervision consistent with fiduciary duties.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Cash flow / budgeting Wealth management Founder/Business Owner
user avatar

Michael H

Series 63

Cincinnati, OH

Hackman Financial Group

Michael Hackman is a financial advisor with Hackman Financial Group in Cincinnati, OH, holding a Series 63 license and over 38 years of industry experience. He has been with Hackman Financial Group since 2016 and has also worked at LPL Financial since 2009. Outside of his advisory role, he is involved in the sale of medical, life, disability, and long-term care insurance. Hackman Financial Group is a six-advisor team managing approximately $336.5 million for around 432 clients. The firm provides discretionary investment management, financial planning, and retirement-plan advisory services, employing a primarily long-term, portfolio-driven investment approach that includes diversified allocations and independent manager selections.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Cash flow / budgeting Wealth management Founder/Business Owner
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