Firm profile

Harbor Investment Advisory, LLC

LUTHERVILLE, MDCRD 151085Registration Status: ApprovedEffective since January 4, 2010SEC # 801-70893Latest ADV September 1, 2026

Harbor Investment Advisory, LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Lutherville, MD. Its latest Form ADV filing, dated September 1, 2026, reports $6.9B in regulatory assets under management, 35 employees, 2 offices, and 3,540 accounts.

Assets Under Management
$6.9B
Employees
35
Offices
2 offices
Total Clients
3,540

Associated firm names

1 name listed
  • HARBOR INVESTMENT ADVISORY, LLC

Leadership

1 roles identified
CCOWilliam Christopher Schadty

Advisory services offered

5 types reported
Financial Planning Services
Pension consulting services
Portfolio management for businesses

Fee models offered

3 types reported
Asset based fees
Fixed fees
Hourly charges

Offices & Contact

Primary office

LUTHERVILLE, Maryland, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

Maryland

LUTHERVILLEPrimary office · ROCKVILLE

2 office records listed · 2 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$6.9Bas of September 1, 2026
Discretionary53.2%
$3.7B
53% of total RAUM53.2%
Non-discretionary46.8%
$3.2B
47% of total RAUM46.8%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Client Coverage Demographics

Top client segmentHNWI represent 57.5% of total clients.
Top client categories% of clientsClients
1
HNWI
57.5%
2,036
2
Individuals
37.3%
1,321
3
Charitable
2.3%
80
4
Pension Plans
2.1%
75
5
Corporations
0.8%
28

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$6.9B
Total Accounts3,540
10Y AUM Change+$5.4B (+367.0%)

Private Funds

Private funds reported by Harbor Investment Advisory, LLC

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees35
Clients per Employee101:1
10Y Employee Change+13 (+59.1%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
HARBOR INVESTMENT MANAGEMENT, LLCDirect owner · Schedule AInterest in HARBOR INVESTMENT ADVISORY, LLC
75%+
HIA CAPITAL HOLDINGS, LLCIndirect owner · Schedule BInterest in HARBOR INVESTMENT MANAGEMENT, LLC
50% to < 75%
ROBERT WILMER III BLACKIndirect owner · Schedule BInterest in HIA CAPITAL HOLDINGS, LLC
25% to < 50%
FRED CREGAN JR HILLIndirect owner · Schedule BInterest in HIA CAPITAL HOLDINGS, LLC
25% to < 50%

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Harbor Investment Advisory, LLC.

Reported ownership and control details

Form ADV · Filing date 2026-09-01 · Schedules A and B

8 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1HARBOR INVESTMENT MANAGEMENT, LLCSOLE MEMBERDomestic entityHARBOR INVESTMENT ADVISORY, LLC75% or moreCode EYesSOLE MEMBER06/2009Schedule APDF page 20
2ROBERT WILMER III BLACKVICE PRESIDENTIndividualHARBOR INVESTMENT ADVISORY, LLCLess than 5%Code NAYesVICE PRESIDENT12/2019Schedule APDF page 20
3RAYMOND PATRICK DEANTREASURER AND SECRETARY, FINOP, PRINCIPAL FINANCIAL OFFICER, PRINCIPAL OPERATIONS OFFICERIndividualHARBOR INVESTMENT ADVISORY, LLCLess than 5%Code NAYesTREASURER AND SECRETARY, FINOP, PRINCIPAL FINANCIAL OFFICER, PRINCIPAL OPERATIONS OFFICER12/2019Schedule APDF page 20
4FRED CREGAN JR HILLPRESIDENTIndividualHARBOR INVESTMENT ADVISORY, LLCLess than 5%Code NAYesPRESIDENT12/2019Schedule APDF page 20
5WILLIAM CHRISTOPHER SCHADTYCHIEF COMPLIANCE OFFICERIndividualHARBOR INVESTMENT ADVISORY, LLCLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER02/2020Schedule APDF page 20
6ROBERT WILMER III BLACKMEMBERIndividualHIA CAPITAL HOLDINGS, LLC25% to less than 50%Code CYesMEMBER06/2009Schedule BPDF page 21
7FRED CREGAN JR HILLMEMBERIndividualHIA CAPITAL HOLDINGS, LLC25% to less than 50%Code CYesMEMBER01/2015Schedule BPDF page 21
8HIA CAPITAL HOLDINGS, LLCMEMBERDomestic entityHARBOR INVESTMENT MANAGEMENT, LLC50% to less than 75%Code DYesMEMBER01/2026Schedule BPDF page 21

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 9/1/2026 11:36:31 AM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.