Harfst and Associates, Inc. logo

Harfst and Associates, Inc.

Updated today

Client assets under management

$705,808,712

Clients

499

26% high-net-worth

Advisors

3

of 8 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

166

Very High

Average account size

$1,414,446

About

Harfst and Associates provides wealth management, financial planning, institutional asset management, and pension consulting to individuals, high-net-worth clients, family offices, trusts, endowments, foundations, and employee benefit plans. Services include discretionary portfolio management, modular financial planning, and ERISA fiduciary pension investment management and participant education.

The firm emphasizes a top-down, global macroeconomic approach combined with globally diversified allocations and tactical shifts informed by market analysis. Portfolios commonly use mutual funds and ETFs for diversification but may also include individual securities and more active strategies — including inverse/short funds, short sales, margin and option positions, and occasional short-term trading — and the firm may engage sub-advisors for portions of client assets while implementing client-specific investment policy statements and rebalancing.

What is distinctive is the scale and scope relative to team size: three advisors manage roughly $783 million across about 499 client relationships, resulting in a relatively high AUM-per-advisor and AUM-per-client profile. The firm also highlights specialty offerings such as NGO/nonprofit policy and resource-development consulting, acts as a sub-advisor or manager for wrap programs, discloses associated persons’ insurance licensing and commission arrangements, and does not vote client proxies (clients retain proxy voting responsibility).

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Wealth management General retirement planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Founder/Business Owner Retired

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Fee options

Fixed

Financial planning services fixed fee ranging from $450 to $5,000

Percentage

$0 - $250,000: 1.25% $250,000 - $500,000: 1.15% $500,000 - $1,000,000: 1.00% $1,000,000 - $3,000,000: 0.75% $3,000,000 - $10,000,000: 0.70% $10,000,000 - $20,000,000: 0.50% $20,000,000+: 0.40%

Commissions

Some associated persons earn commissions selling insurance products

Project-based

Financial planning services hourly rate $450/hour

Other

Account minimum: $500,000 Fee-only: Financial planning services hourly rate $450/hour; Fixed fee $450 to $5,000 for financial planning

Main office location

Harfst and Associates, Inc.

1949 Sugarland Drive, #220

Sheridan WY 82801, United States

Number of offices

2

Most active in

California · Colorado · Florida · Idaho · Illinois · Louisiana · Nebraska · Nevada · New Hampshire · New York · Oregon · Texas · Utah · Washington · Wyoming

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

Robby H

CFP®, Series 63, Series 65

Sheridan, WY

Harfst and Associates, Inc.

Robby Harfst is a CFP® with over 20 years of experience in financial advising. He has been with Harfst and Associates, Inc. since 2007 and has maintained his own advisory practice since 2003. Outside of advising, he operates a purebred cattle business and holds licenses to sell various types of insurance. Harfst and Associates serves individuals, families, small businesses, and institutional clients, managing approximately $722 million across about 335 client relationships. The firm provides discretionary portfolio management, pension consulting, and modular financial planning, utilizing a blend of global macro analysis and tactical allocations.

Wealth management General retirement planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Retired
user avatar

Michelle S

Series 65

Sheridan, WY

Harfst and Associates, Inc.

Michelle Stallsworth is a financial advisor at Harfst and Associates, Inc. with six years of industry experience. She holds a Series 65 designation and has worked at Harfst and Associates since 2019. Prior to her advisory career, she spent 15 years at Oldcastle Precast. Harfst and Associates serves individuals, families, small businesses, and institutional clients, providing wealth management, pension consulting, and modular financial planning. The firm manages approximately $722 million across about 335 client relationships with a four-advisor team, employing a discretionary portfolio management approach that combines global macro analysis with tactical allocations.

Wealth management General retirement planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Retired
user avatar

Danette H

Series 65

Sheridan, WY

Harfst and Associates, Inc.

Danette Harfst is a Series 65-registered financial advisor at Harfst and Associates, Inc. in Sheridan, Wyoming, with 14 years of industry experience. She has been with Harfst and Associates since 2010. Harfst and Associates serves individuals, families, small businesses, and institutional clients, providing wealth management, pension consulting, and modular financial planning. The firm manages approximately $722 million across about 335 client relationships, utilizing a blend of top-down global macro analysis and tactical allocations with discretionary portfolio management tailored to client objectives.

Wealth management General retirement planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Retired
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