The Hedrick Co. (Mercer Island)

The Hedrick Co. is an adviser based in Mercer Island. It manages $31.39 million of regulatory assets for 79 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Washington.

The Hedrick provides financial planning services, portfolio management for individuals and small businesses, and divorce settlements, business planning, elder care, special needs. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Hedrick: assets under management

The assets under management (AUM) of The Hedrick Co. is $31.39 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $31.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $397.31 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Hedrick Co. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at The Hedrick Co.

Betty June Hedrick has been acting as President since 1 Jun 1986. Gary Lee Hedrick joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gary Lee Hedrick	Secretary	1 Jun 1986	25% - 50%	1081544
Betty June Hedrick	President/chief compliance officer	1 Jun 1986	75% - 100%	1648247

Based in Mercer Island

The principal office where The Hedrick Co. performs its advisory services is located at 4500 90 Th Se, Mercer Island, WA 98040 4430 The mailing address of the firm is 4500 90 Th Ave. Se, Mercer Island, WA 98040 4430. It doesn’t run an office outside of the United States.