Firm
The Herbst Group
Westfort, Connecticut
Fee-only
The Herbst Group at a glance
- One of 144 fee-only firms based in Connecticut in the Wellspent graph.
- 2 advisors are listed here.
- Its Form ADV reports 7 employees and 190 individual clients, 46 of them high net worth.
- Its average account is about $696,000 (assets it manages divided by its 294 accounts).
Fee-only advisors in Connecticut · What fee-only advisors charge in Connecticut
Facts
| Based in | Westfort, Connecticut |
|---|---|
| Website | herbstgroup.com |
| [email protected] | |
| Phone | (212) 488-1701 |
The Herbst Group fees
The Herbst Group doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets |
|---|---|
| Assets managed | $205 million |
| Individual clients | 144 |
| High-net-worth clients | 46 |
| Accounts managed | 294 |
| Employees | 7 |
| Planning clients | 0 |
| Registered with | The SEC (801-118872) |
| Financial planning | Offered |
| Form ADV filed | June 24, 2026 |
| SEC record | CRD 309319 |