Wealth manager, independent · St. Louis, MO
Hill Investment Group
Hill Investment Group Partners, LLC · SEC-registered investment adviser · CRD 312052 · SEC 801-120176
At a glance
Hill Investment Group is an SEC-registered investment adviser based in St. Louis, Missouri, with $1.3B in regulatory assets under management as of its Form ADV filed March 31, 2026. It reports 380 individual clients, 208 of them high-net-worth, holding an average of about $2.9 million each, and 12 employees. That ranks it 827th among the nation’s 5,657 independent wealth management RIAs and 20th of 92 in Missouri. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 314-448-4023hillinvestmentgroup.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.3B
- Rank among independent wealth managers
- #827 of 5,657
- Rank among all SEC RIAs
- #4,566 of 17,210
- Rank in Missouri
- #20 of 92
- Individual clients
- 380
- High-net-worth clients
- 208
- Accounts
- 1,481
- Discretionary
- 100% of AUM
- Employees
- 12
- Advisory staff
- 8
- Offices
- 8
Owners and executives on its Form ADV
- Matthew A. HallPresident and CEO
- Nell S. SchifferCCO and Advisor
- Matthew N. ZenzCIO
Custody and brokerage
Broker-dealer
Hybrid RIA
Hill Investment Group is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 208 | $1.0B | 77% |
| Investment companies | 1 | $222M | 16% |
| Individuals | 172 | $65M | 5% |
| Charitable organizations | 1 | $18M | 1% |
Disciplinary disclosures
Hill Investment Group reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for businesses and institutions
- Pension consulting
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗hillinvestmentgroup.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 4 years of filings
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- Rank against 2,758 peers of its type and size
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- 3 namedLocked
- Main office, fax and compliance officer
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Missouri
All of Missouri →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Alpine Private WealthSaint Louis | $1.5B | 265 |
| Anderson Hoagland & CoSt Louis | $1.4B | 136 |
| Syntegra Private Wealth Group LLCChesterfield | $1.4B | 2,112 |
| Brand Asset Management Group, Inc.Chesterfield | $1.2B | 355 |
| Meramec Financial Planners, LLCClayton | $1.1B | 450 |
| IFG Advisors, LLCSt. Louis | $1.0B | 566 |
Background
Questions
How much does Hill Investment Group manage?
Hill Investment Group reports $1.3B in regulatory assets under management across 1,481 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
How many clients does Hill Investment Group have?
It reports 380 individual clients: 208 high-net-worth individuals and 172 other individuals. Individuals account for about 82% of its regulatory assets.
Where is Hill Investment Group headquartered?
Its main office is in St. Louis, Missouri. It reports 8 offices in total and 12 employees, 8 of whom perform investment advisory functions.
How does Hill Investment Group charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Hill Investment Group use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed March 31, 2026, it reports these amounts held: Charles Schwab ($1.0B); Fidelity ($22M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Hill Investment Group a hybrid RIA with a broker-dealer?
Hill Investment Group is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Hill Investment Group a fiduciary?
As an SEC-registered investment adviser, Hill Investment Group owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 1 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Hill Investment Group’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →