Hinsdale Associates, Inc. and its predecessors were founded in 1980. Its principal owner is Michael A.
Urbik, who represents 100% of the outstanding stock. There are no subsidiaries and is privately held.
Hinsdale, provides personalized confidential financial planning and investment management to
individuals, pension and profit-sharing plans, trusts, estates, charitable organizations and small
businesses. Advice is provided through consultation with the client and may include: determination of
financial objectives, identification of financial problems, cash flow management, tax planning, insurance
review, investment management, education funding, retirement planning and estate planning.
Hinsdale is strictly a fee only financial planning and investment advisory firm. Licensed individuals
however, do receive commissions for selling insurance products.
Advisory Services: Hinsdale manages client assets, provides ongoing in-depth advice, and life planning.
All aspects of the client’s financial affairs are reviewed, including those of their children. Realistic and
measurable goals are set and objectives to reach those goals are defined. As goals and objectives change
over time, suggestions are made and implemented on an ongoing basis. The scope of work and fee is
provided to the client in writing prior to the start of the relationship and typically includes cash flow
management, insurance review, investment management, performance reporting, education planning,
retirement planning, and estate planning as well as the implementation of recommendations.
Hinsdale will primarily use exchange traded funds, mutual funds, individual stocks and bonds, closed end
funds and real estate investment trusts (reits). We typically avoid private placements such as hedge
funds and private equity or real estate.
Financial Planning: Financial plans are designed to help clients with all aspects
of financial planning
without ongoing investment management after the financial plan is completed. The financial plan may
include, but is not limited to a net worth statement; a cash flow statement; a review of investment
accounts, including asset allocation; strategic tax planning; a review of retirement accounts and plans,
including recommendations; an insurance review; one or more retirement scenarios; an estate planning
review; education planning; and any recommendations for repositioning or other changes.
Detailed investment advice and specific recommendations are provided as part of a financial plan,
however, implementation of the recommendations is at the discretion of the client. After delivery of a
financial plan, future meetings may be scheduled as necessary.
Each individual client, whether a full financial plan is required or not, has their portfolio tailored to their
individual needs, goals and ascertainable risk tolerance. This is done through an interview process and
results in a portfolio design based on various asset allocation models which are proprietary to Hinsdale.
Any restrictions imposed or client preferences are included. Additional guidance may be provided as
needed, with the client making the final decision on approval of investment strategy. Hinsdale will work
within these agreed upon parameters, and exercises discretion in purchasing and selling investments
placed in the client’s portfolio. The client will always have authority to change or modify any strategies
or specific directives or restrictions implemented on the client’s behalf by Hinsdale
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Hinsdale does not provide wrap fee programs, which are commonly offered by retail brokerage
companies.
As of December 31, 2022, Hinsdale advises $110,291,302 in assets, all on a discretionary basis. If a client
requests a non-discretionary basis we are happy to comply with that.