HENRY H. ARMSTRONG ASSOCIATES, INC. other names

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Adviser Profile

As of Date:

02/23/2024

Adviser Type:

- Large advisory firm

Number of Employees:

5

of those in investment advisory functions:

3

Registration:

SEC, Approved, 7/29/1983

AUM:

1,064,772,153 17.92%

of that, discretionary:

1,064,772,153 17.92%

Private Fund GAV:

0 -100.00%

Avg Account Size:

1,960,906 20.09%

% High Net Worth:

78.00% 0.69%

SMA’s:

YES

Private Funds:

0

Contact Info

412 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
1B 905M 754M 603M 452M 302M 151M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

The Five Ways to Wellbeing model: a framework for nurses and patients
04/06/2021

Despite the fact that the King’s Fund and the Mental Health Foundation have indicated ... nursingtimes.net, 4 December. Henry H (2018) Five Ways to Wellbeing. qni.org.uk, 7 December. Mackay L et al (2019) New Zealand’s engagement with the Five Ways ...

nursingtimes.net

1 hurt in Forsyth motorcycle crash
04/06/2021

FORSYTH — Illinois State Police responded to a motorcycle crash around 3 p.m. on Monday that sent one man to the hospital. According the police investigation, a 35-year-old man from Riverton was ...

herald-review.com

Two killed Saturday in Butler Twp. crash
04/05/2021

township police said. A preliminary investigation revealed that a Tesla driven by Crystal Stash, 35, of Dallas, and occupied by Henry H. Abrahams IV, 28, of Stanhope, New Jersey, was traveling ...

yahoo.com

MERCURY COMPUTER SYSTEMS, INC.
04/04/2021

No other person is known to have such right, except that the shareholders of each such Fund participate proportionately ... ROWE PRICE ASSOCIATES, INC. By: /s/ Henry H. Hopkins Henry H.

Market Watch

Sorrento Therapeutics Inc.
04/01/2021

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

Barrons

Tuggle, Mary Daugherty
03/31/2021

She was preceded in death by her daughter, Jane Tuggle; and her parents, Henry H. and Irene Daugherty. She was a native of Englewood, TN, attended Carson-Newman College and graduated from East ...

chattanoogan.com

Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
594918104 MICROSOFT CORP $316,313,389 31.00% 0.00% 0.00%
084670108 BERKSHIRE HATHAWAY INC DEL $209,999,640 20.00% 0.00% 5593.00%
084670702 BERKSHIRE HATHAWAY INC DEL $148,421,588 14.00% 0.00% 0.00%
742718109 PROCTER AND GAMBLE CO $64,417,827 6.00% 0.00% 0.00%
615369105 MOODYS CORP $61,511,071 6.00% 0.00% 0.00%
478160104 JOHNSON & JOHNSON $59,325,009 6.00% 0.00% 0.00%
458140100 INTEL CORP $19,764,331 2.00% 0.00% 0.00%
907818108 UNION PAC CORP $15,789,763 2.00% 0.00% 0.00%
02079K107 ALPHABET INC $15,114,242 1.00% 0.00% 0.00%
G5960L103 MEDTRONIC PLC $13,118,114 1.00% 0.00% 0.00%

Brochure Summary

Overview

A. Firm Description and Principal Owners Henry H. Armstrong Associates, Inc. (“Armstrong”, “we”, “our”) has been in business since 1983 with its headquarters in Pittsburgh, PA. Armstrong provides investment supervisory services to individuals, families, and endowments. The principal owner of Armstrong is James McKay Armstrong. B. Types of Advisory Services Armstrong offers continuous investment advisory services to clients. These services include the purchase and sale of NYSE, NYSE Amex, and NASDAQ equity securities, high quality municipal and corporate debt securities, certificates of deposit, Exchange-Traded Funds (“ETFs”), mutual fund shares, and United States government securities. Armstrong also provides wealth advisory services, helping clients with financial planning and wealth transfer considerations. We do not render advisory services with regard to futures and options, nor provide legal or accounting services. C. Retirement Plan Rollovers – No Obligation A client or prospective client leaving an employer typically has four options regarding an existing retirement plan (and may engage in a combination of these options): (i) leave the money in the former employer’s plan, if permitted, (ii) roll over the assets to the new employer’s plan, if one is available and rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or (iv) cash out the account value (which could, depending upon the client’s age, result in adverse tax consequences). If Armstrong recommends that a client roll over their retirement plan assets into an account to be managed by us, such a recommendation creates a conflict of interest if we will earn new (or increase its current) compensation as a result of the rollover. If Armstrong provides a recommendation as to whether a client should engage in a rollover
or not, we are acting as a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. No client is under any obligation to roll over retirement plan assets to an account managed by Armstrong. D. Tailored Relationships Armstrong will tailor our advisory services to the individual client’s needs. The client’s unique situation is our starting point. Armstrong takes the time to listen to clients, consult with their other advisors, and analyze existing financial statements and wealth planning documents. We help clients articulate and establish measurable and attainable goals. We work with the client’s team of advisors to put forward recommendations designed to meet client goals. We work closely with the client and their other advisors to implement our strategy and we regularly track the progress toward client goals, confirm client goals, and modify the plan as necessary. Clients are permitted to impose reasonable restrictions on investing in certain types of securities. E. Client Obligations In performing its services, Armstrong is not required to verify any information received from the client or from the client’s other professionals and is expressly authorized to rely thereon. Moreover, each client is advised that it remains his/her/its responsibility to promptly notify us if there is ever any change in his/her/its financial situation or investment objectives for the purpose of reviewing/evaluating/revising Armstrong’s previous recommendations and/or services. F. Wrap Programs Armstrong does not participate in or sponsor a wrap fee program. G. Assets Under Management As of December 31, 2022, Armstrong managed $902,996,113 in assets, all on a discretionary basis.