Harman Investment Advisors

Harman Investment Advisors is a state-registered, single-advisor firm that provides discretionary, separately managed account services to both individual and institutional clients, including pension and profit-sharing plans, charitable organizations, and municipal entities. The brochure reports the firm managed approximately $3.27 million as of December 31, 2024 and delivers ongoing portfolio oversight across U.S. equities, select fixed-income instruments, mutual funds, and cash equivalents.

The firm describes a value-oriented, all‑capitalization equity approach with two published strategies — a concentrated Core Equity I product and a Telecommunications and Utilities equity‑income approach — combining fundamental analysis with quantitative/statistical screening and mean‑reversion concepts. Portfolios are actively managed and intentionally concentrated (typically holding about 20–30 issues in Core Equity I and 30–40 in the Telecom & Utilities approach), with industry overweighting, target prices, and margin‑of‑safety limits guiding buy and sell decisions.

What is noteworthy is that, despite its solo advisor structure and modest assets under management, the firm expressly serves institutional clients (pension plans, non‑ERISA plans and municipal entities), a service mix that is relatively uncommon among independent single‑advisor firms. It also operates through separately managed account and dual‑contract arrangements with broker‑dealers, emphasizes ERISA cash‑flow considerations for plan accounts, and maintains a formal Code of Ethics tied to CFA Institute standards.