Asset manager · Royal Oak, MI
Hoover Private Wealth, LLC
SEC-registered investment adviser · CRD 336484 · SEC 801-134707
At a glance
Hoover Private Wealth, LLC is an SEC-registered investment adviser based in Royal Oak, Michigan, with $171 million in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is corporations or other businesses, and it reports 187 individual clients. By Form ADV it is a asset manager, ranked 2,173rd of 3,218 asset managers and 13,042nd of 17,210 SEC-registered advisers by assets.
Main office 248-298-4000hooverprivatewealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $171M
- Rank among asset managers
- #2,173 of 3,218
- Rank among all SEC RIAs
- #13,042 of 17,210
- Rank in Michigan
- #237 of 305
- Individual clients
- 187
- High-net-worth clients
- 12
- Accounts
- 638
- Discretionary
- 39% of AUM
- Employees
- 6
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Randall A HooverMember
- Randall A. HooverManaging Member and CCO
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Corporations or other businesses | 35 | $105M | 61% |
| Individuals | 175 | $45M | 26% |
| High-net-worth individuals | 12 | $20M | 11% |
| Charitable organizations | – | $1M | <1% |
Disciplinary disclosures
Hoover Private Wealth, LLC 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 businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗hooverprivatewealth.com ↗
AtlasMembers
The full record on Hoover Private Wealth, LLC
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, 1 years of filings
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- Growth over one, three and five years
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- Rank against 754 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Hoover Private Wealth, LLC manage?
Hoover Private Wealth, LLC reports $171 million in regulatory assets under management across 638 accounts, 39% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is Hoover Private Wealth, LLC?
Hoover Private Wealth, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Hoover Private Wealth, LLC’s clients?
By assets, its largest client types are corporations or other businesses ($105 million, 35 clients); individuals ($45 million, 175 clients); high-net-worth individuals ($20 million, 12 clients).
Does Hoover Private Wealth, LLC have any disciplinary history?
Hoover Private Wealth, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Hoover Private Wealth, LLC’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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →