H. L. Ormond & is a investment adviser based in Greenville, NC, that holds a 81.1/100 Fidelon TransparencyScore (th percentile), with 5 registered advisors. Score based on public SEC and FINRA filings.
H. L. Ormond &
H. L. Ormond & COMPANY, LLC · CRD #313593
A fee-only investment adviser with a clean regulatory record and fiduciary commitment.
Fidelon Fact Sheet
H. L. ORMOND & COMPANY, LLC used to be called HOYT FAMILY WEALTH MANAGEMENT. The firm is an investment adviser in Greenville, NC that manages investment portfolios and helps plan for retirement. It charges clients a percentage of the assets it manages and also charges fixed fees. The firm holds client money, which means it or a related party can access client funds. It has a clean regulatory record with no complaints or fines on file.
Peer Context
How This Firm Works
Registration & Standard of Care
Investment Adviser — this firm is a registered investment adviser, held to a fiduciary standard — legally required to act in clients' best interests.
How This Firm Gets Paid
- Charges a percentage of assets under management
- Charges fixed fees for specific services
- Does not earn commissions on product sales
Specializations
Extracted from Form ADV Part 2A brochure
Key Findings
Strengths
- Fee-only compensation — no commission income reported
- Registered as investment adviser with fiduciary obligation
- No broker-dealer registration — advisory services only
- Clean regulatory record — no disclosures, arbitrations, or fines
- Transparent fee structure — charges advisory fees, no commissions
Conflict Audit
Zero material conflicts identified in regulatory filings.
Source: Form ADV Part 1, Items 6-8; Part 2A, Items 10-14
What this firm says about how it gets paid
“Since we are an investment adviser which charges asset-based fees, the more assets there are in a retail investor’s advisory account, the more a retail investor will pay in fees, and therefore the Advisor has an incentive to encourage you to increase the assets in your account.”
“Certain financial professionals are licensed as insurance agents.”
Source: the firm’s own Form CRS, filed 2026-05-01 — quoted directly
Regulatory Track Record
0
Disclosures
Clean record — no disclosures found
$0
Total Fines
Clean record — no fines found
Regulatory Events
TransparencyScore Dimensions
Disclosure Record
Customer complaints, arbitrations, and fines. Frequency and recency matter.
99/100
Strong
Avg for investment adviser firms: 82.6 | Top 10%: 99.5
Filing Quality
How clearly the firm describes services, fees, and investment approach in regulatory filings.
84/100
Strong
Avg for investment adviser firms: 84.1 | Top 10%: 100
Conflict Disclosure
How openly the firm explains who pays it and what it's paid to sell. The conflict isn't the problem — hiding it is.
80/100
Strong
Avg for investment adviser firms: 54 | Top 10%: 67
Enforcement History
Self-reported legal and disciplinary history from Form ADV Item 11.
100/100
Strong
Avg for investment adviser firms: 99.7 | Top 10%: 100
Next Steps
Advisor Roster
5 advisors
| Advisor | CRD | Score | Grade |
|---|---|---|---|
| Lisa Wooten Hardee | 1593750 | — | — |
| Michelle Ann Corey | 2674014 | — | — |
| John Keais Hoyt Jr | 4128152 | — | — |
| Herbert Lyman Ormond III | 1526791 | — | — |
| Tanner Keais Hoyt | 5833768 | — | — |
Meeting Prep Kit for H. L. Ormond & COMPANY
Walk into your next meeting fully prepared. We'll generate a meeting prep kit based on H. L. Ormond & COMPANY's actual regulatory filings — not generic advice.
Get your free Firm Meeting Prep Report
A complete dossier on H. L. Ormond & COMPANY — download instantly so you're the most prepared person in the room.
We never sell your information or share it with advisors unless you ask us to.
Monitor this firm
Get notified when something changes — new complaints, score movements, firm changes. Free.
Free: 1 advisor, monthly status report. Pro ($7/mo): up to 5, instant alerts, pending complaints.
Is this your profile?
Claim it to understand your TransparencyScore, unlock your level, and track changes over time.
Frequently Asked Questions
What does the TransparencyScore measure?
The TransparencyScore measures how clearly and completely an advisor or firm discloses important information in their regulatory filings — things like fees, conflicts of interest, disciplinary history, and business practices. A higher score means better disclosure quality, not better investment performance.
Where does this data come from?
All data comes from public regulatory filings: SEC Form ADV (Parts 1, 2, and 3), FINRA BrokerCheck, and the SEC's Investment Adviser Public Disclosure (IAPD) database. These are official filings that firms and advisors are legally required to submit.
Does a low score mean they're a bad advisor?
Not necessarily. A low score means the firm's public filings are less transparent — they may use vague language about fees, skip details about conflicts, or have a more complex regulatory history. Some excellent advisors work at firms with poor disclosure practices. The score measures the filing, not the person.
How often is this data updated?
Fidelon refreshes data from SEC and FINRA sources on a regular schedule. Form ADV filings are updated annually by firms (with amendments throughout the year), and BrokerCheck data is updated as events are reported. Scores are recalculated after each data refresh.
Can an advisor or firm improve their score?
Yes. Scores are based on what's in public filings. A firm that rewrites its ADV brochure in clearer language, discloses conflicts more specifically, or resolves outstanding regulatory issues will see its score improve at the next refresh. The incentive structure is intentional.
Data Sources
Scores are generated using Fidelon's published scoring methodology and reflect the quality of public disclosures, not the quality of investment advice. A firm that improves its disclosures will see its score improve. Fidelon does not provide investment advice.
Verify on SEC IAPD
Last scored: · Score version: 3.8 · CRD #313593