Houlihan Financial Resource Group, Ltd. (Ashburn)

Name: Houlihan Financial Resource Group, Ltd.
Address: 20405 Exchange Street, Ashburn, VA, 20147
Telephone: 703-796-0800

Houlihan Financial Resource Group, Ltd. is a large advisory firm based in Ashburn. It manages $250.71 million of regulatory assets for 521 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, District of Columbia, Maryland, Texas, and Virginia.

Houlihan Financial Resource Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Houlihan Financial Resource Group: assets under management

The assets under management (AUM) of Houlihan Financial Resource Group, Ltd. is $250.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 628% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $250.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $481.2 thousand each.

Houlihan Financial Resource Group has custody of $32.01 million in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 64% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Houlihan Financial Resource Group, Ltd. for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Patricia Powell Houlihan serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Patricia Powell Houlihan is high net worth individuals with 74 clients and $209.07 million of assets under management. Among the 9 most similar advisory firms, Houlihan Financial Resource Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $250.71 million for 171 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Houlihan Financial Resource Group doesn't advise any private funds.

Careers at Houlihan Financial Resource Group, Ltd.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Patricia Powell Houlihan has been acting as President since 1 Jan 2000. Ryan P Houlihan joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Patricia Powell Houlihan	President	1 Jan 2000	75% - 100%	1300173
Ryan P Houlihan	Chief compliance officer	1 May 2010	Other	3237453

Based in Ashburn

The principal office where Houlihan Financial Resource Group, Ltd. performs its advisory services is located at 20405 Exchange Street, Ashburn, VA 20147, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-796-0800 or by fax 703-796-0990. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at houlihanfinancial.com/.