A. Description of the Advisory Firm
Harding Wealth, Inc. (hereinafter “HW”) is a corporation organized in the State of
Arizona.
The firm was originally formed in January 2016, and the principal owner is Adam Clark
Harding.
B. Types of Advisory Services
Portfolio Management Services
HW offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. HW creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a
portfolio that matches each client's specific situation. Portfolio management services
include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
HW evaluates the current investments of each client with respect to their risk tolerance
levels and time horizon. HW will request discretionary authority from clients in order to
select securities and execute transactions without permission from the client prior to each
transaction. Risk tolerance levels are documented in the Investment Policy Statement,
which is given to each client.
HW seeks to provide that investment decisions are made in accordance with the fiduciary
duties owed to its accounts and without consideration of HW’s economic, investment or
other financial interests. To meet its fiduciary obligations, HW attempts to avoid, among
other things, investment or trading practices that systematically advantage or
disadvantage certain client portfolios, and accordingly, HW’s policy is to seek fair and
equitable allocation of investment opportunities/transactions among its clients to avoid
favoring one client over another over time. It is HW’s policy to allocate investment
opportunities and transactions it identifies as being appropriate and prudent, including
initial public offerings ("IPOs") and other investment opportunities that might have a
limited supply, among its clients on a fair and equitable basis over time.
Financial Planning
Financial plans and financial planning may include, but are not limited to: investment
planning; life insurance; tax concerns; retirement planning; college planning; and
debt/credit planning.
In offering financial planning, a conflict exists between the interests of the investment
adviser and the interests of the client. The client is under no obligation to act upon the
investment adviser's recommendation,
and, if the client elects to act on any of the
recommendations, the client is under no obligation to effect the transaction through the
investment adviser. This statement is required by California Code of Regulations, 10 CCR
Section 260.235.2.
Services Limited to Specific Types of Investments
HW generally limits its investment advice to mutual funds, fixed income securities, real
estate funds (including REITs), insurance products including annuities, equities, ETFs
(including ETFs in the gold and precious metal sectors), treasury inflation
protected/inflation linked bonds, commodities, non-U.S. securities, venture capital funds
and private placements, although HW primarily recommends diversified fee-conscious
portfolios with a focus on liquidity, transparency, and academic research. to a majority
of its clients. HW may use other securities as well to help diversify a portfolio when
applicable.
C. Client Tailored Services and Client Imposed Restrictions
HW will tailor a program for each individual client. This will include an interview session
to get to know the client’s specific needs and requirements as well as a plan that will be
executed by HW on behalf of the client. HW may use “model portfolios” together with a
specific set of recommendations for each client based on their personal restrictions, needs,
and targets. Investment advisory services will be the tailored as a result of four key items:
Risk Tolerance (How well an investor can digest volatility), Risk Capacity (How much
risk can be taken given the investor's personal financial situation), Investment Objectives
(What rate of return is needed to meet the investment objectives outlined in the investors
financial plan), and the Investment Landscape (What are the predominate risks and
opportunities in the investable universe).
Clients may impose restrictions in investing in certain securities or types of securities in
accordance with their values or beliefs. However, if the restrictions prevent HW from
properly servicing the client account, or if the restrictions would require HW to deviate
from its standard suite of services, HW reserves the right to end the relationship.
D. Wrap Fee Programs
A wrap fee program is an investment program where the investor pays one stated fee that
includes management fees, transaction costs, fund expenses, and other administrative
fees. HW does not participate in any wrap fee programs.
E. Assets Under Management
HW has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$ 124,416,689.00 $ 0.00 December 2023