Hurst Capital Management

Hurst Capital Management is a small advisory firm that serves individual and high-net-worth clients, trusts, and retirement plans, providing discretionary asset management and retirement plan consulting. The firm reports $89,028,378 in discretionary assets under management for about 75 clients and requires a $500,000 minimum account balance for its asset management service, with fees typically deducted directly from custodian accounts.

The firm’s investment process emphasizes continuous, tailored portfolio supervision using fundamental analysis and asset-allocation strategies (including strategic, dynamic, tactical, and core‑satellite approaches) and implements portfolios with individual stocks, bonds, ETFs, and mutual funds. The brochure also describes integration of environmental, social, and governance (ESG) criteria into investment decisions and notes that certain alternative investments (for example, private equity, derivatives, or commodities) may be considered under exceptional circumstances; portfolios are reviewed at least quarterly.

Noteworthy features for a firm of this size include its long operating history (in business since 1994) paired with a small, two-advisor ownership structure and an explicit acknowledgment of ERISA fiduciary roles (Section 3(21) or 3(38)) when serving retirement plans. The firm requires use of a single institutional custodian and describes reliance on that custodian’s institutional services (research, block trading, and fee deduction), documents proxy‑voting procedures, and outlines specific implementation and disclosure risks related to its stated ESG practices.