H
Herndon Investment Management, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$37,705,638
Clients
44
27% high-net-worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
44
HighAverage account size
$856,946
About
Herndon Investment Management serves individuals, estates, trusts, charitable organizations and endowments, providing discretionary investment management and portfolio construction aligned with each client's objectives. The firm typically applies a guideline account minimum of $500,000 for new advisory relationships, which may be adjusted on a case-by-case basis.
The firm’s investment process integrates fundamental analysis, valuation and technical analysis to determine asset allocation and security selection, with an emphasis on long-term return generation and risk management. Client investment profiles are reviewed periodically (generally annually) and accounts are rebalanced as needed, with a preference for highly liquid securities, exchange-traded funds and mutual funds to limit transaction impact.
Compared with many peers, the firm’s principal brings multi-decade institutional experience in equity research and chief investment officer roles, and the firm formally adopts the CFA Institute Asset Manager Code and Code of Ethics, reflecting an institutional governance approach. The advisor does not vote client proxies (clients receive proxies directly from custodians), does not aggregate orders into block trades, and recommends a single custodian without receiving third-party monetary compensation.
Client services
Portfolio management
Expertise
Active portfolio management
Fee options
$0 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.90% $2,000,001 - $4,000,000: 0.80% $4,000,001 - $6,000,000: 0.70% $6,000,001+: Negotiable
Account minimum: $500,000 Fee-only: Investment management fees charged directly to clients; no other compensation received.
Main office location
Herndon Investment Management, LLC
Greenfield IN, United States
Number of offices
1
Most active in
Herndon Investment Management, LLC has reported serving >5 clients in these states in the last 12 months.
Indiana
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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