Firm profile

Hughes Financial Services, LLC

HERNDON, VACRD 173195Registration Status: ApprovedEffective since February 2, 2015SEC # 801-80866Latest ADV July 9, 2026

Hughes Financial Services, LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Herndon, VA. Its latest Form ADV filing, dated July 9, 2026, reports $760M in regulatory assets under management, 12 employees, 1 office, and 2,327 accounts.

Assets Under Management
$760M
Employees
12
Offices
1 office
Total Clients
840

Associated firm names

1 name listed
  • HUGHES FINANCIAL SERVICES, LLC

Leadership

1 roles identified
CCOJo Ann C. Weinhardt

Advisory services offered

4 types reported
Financial Planning Services
Portfolio management for businesses
Portfolio management for individuals and small businesses

Fee models offered

1 types reported
Asset based fees

Offices & Contact

Primary office

HERNDON, Virginia, 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.

Virginia

HERNDONPrimary office

1 office records listed · 1 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
Phone703-669-3660
WebsiteNot found
LinkedInNot found

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$760Mas of July 9, 2026
Discretionary98.4%
$748M
98% of total RAUM98.4%
Non-discretionary1.6%
$12M
2% of total RAUM1.6%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Client Coverage Demographics

Top client segmentIndividuals represent 66.3% of total clients.
Top client categories% of clientsClients
1
Individuals
66.3%
557
2
HNWI
33.6%
282
3
Charitable
0.1%
1
Categories with <5 clients
Charitable Organizations<5 clients

Assets under management Growth by Quarter

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

Total AUM$760M
Total Accounts2,327
10Y AUM Change+$596M (+363.5%)

Private Funds

Private funds reported by Hughes Financial Services, 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 Employees12
Clients per Employee70:1
10Y Employee Change+5 (+71.4%)

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%
BLUESPRING WEALTH PARTNERS, LLCDirect owner · Schedule AInterest in HUGHES FINANCIAL SERVICES, LLC
75%+
DANIEL SCOTT HUGHESDirect owner · Schedule AInterest in HUGHES FINANCIAL SERVICES, LLC
< 5%
PAUL THOMAS HUGHESDirect owner · Schedule AInterest in HUGHES FINANCIAL SERVICES, LLC
< 5%
PATRICK THOMAS HUGHESDirect owner · Schedule AInterest in HUGHES FINANCIAL SERVICES, LLC
< 5%
BERKELEY BYRON MEREDITHDirect owner · Schedule AInterest in HUGHES FINANCIAL SERVICES, LLC
< 5%
KESTRA FINANCIAL, INC.Indirect owner · Schedule BInterest in BLUESPRING WEALTH PARTNERS, LLC
75%+
KESTRA ADVISOR SERVICES HOLDINGS C, INC.Indirect owner · Schedule BInterest in KESTRA FINANCIAL, INC.
75%+
KESTRA ADVISOR SERVICES HOLDINGS B, INC.Indirect owner · Schedule BInterest in KESTRA ADVISOR SERVICES HOLDINGS C, INC.
75%+
KESTRA ADVISOR SERVICES HOLDINGS A, INC.Indirect owner · Schedule BInterest in KESTRA ADVISOR SERVICES HOLDINGS B, INC.
75%+
KINGFISHERHOLDING B, INC.Indirect owner · Schedule BInterest in KESTRA ADVISOR SERVICES HOLDINGS A, INC.
75%+
KINGFISHERHOLDING A, INC.Indirect owner · Schedule BInterest in KINGFISHERHOLDING B, INC.
75%+
KINGFISHER HOLDING L.P.Indirect owner · Schedule BInterest in KINGFISHERHOLDING A, INC.
75%+
KINGFISHER TOPCO HOLDINGS, LPIndirect owner · Schedule BInterest in KINGFISHER HOLDING L.P.
75%+
OHCP VI ENZO AGGREGATOR, L.P.Indirect owner · Schedule BInterest in KINGFISHER TOPCO HOLDINGS, LP
25% to < 50%
T-IX KRAKEN CO-INVEST, LPIndirect owner · Schedule BInterest in KINGFISHER TOPCO HOLDINGS, LP
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 Hughes Financial Services, LLC.

Reported ownership and control details

Form ADV · Filing date 2026-07-09 · Schedules A and B

17 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1DANIEL SCOTT HUGHESMANAGING MEMBERIndividualHUGHES FINANCIAL SERVICES, LLCLess than 5%Code NAYesMANAGING MEMBER05/2009Schedule APDF page 45
2PAUL THOMAS HUGHESMANAGING MEMBERIndividualHUGHES FINANCIAL SERVICES, LLCLess than 5%Code NAYesMANAGING MEMBER05/2009Schedule APDF page 45
3PATRICK THOMAS HUGHESMANAGING MEMBERIndividualHUGHES FINANCIAL SERVICES, LLCLess than 5%Code NAYesMANAGING MEMBER06/2016Schedule APDF page 45
4JO ANN CIZEK WEINHARDTCHIEF COMPLIANCE OFFICERIndividualHUGHES FINANCIAL SERVICES, LLCLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER10/2017Schedule APDF page 45
5BLUESPRING WEALTH PARTNERS, LLCPARTNERSHIPDomestic entityHUGHES FINANCIAL SERVICES, LLC75% or moreCode EYesPARTNERSHIP12/2023Schedule APDF page 45
6BERKELEY BYRON MEREDITHMANAGING MEMBERIndividualHUGHES FINANCIAL SERVICES, LLCLess than 5%Code NAYesMANAGING MEMBER05/2023Schedule APDF page 45
7KESTRA FINANCIAL, INC.OWNERDomestic entityBLUESPRING WEALTH PARTNERS, LLC75% or moreCode EYesOWNER04/2017Schedule BPDF page 45
8KESTRA ADVISOR SERVICES HOLDINGS C, INC.OWNERDomestic entityKESTRA FINANCIAL, INC.75% or moreCode EYesOWNER10/2014Schedule BPDF page 45
9KESTRA ADVISOR SERVICES HOLDINGS B, INC.OWNERDomestic entityKESTRA ADVISOR SERVICES HOLDINGS C, INC.75% or moreCode EYesOWNER10/2014Schedule BPDF page 45
10KESTRA ADVISOR SERVICES HOLDINGS A, INC.OWNERDomestic entityKESTRA ADVISOR SERVICES HOLDINGS B, INC.75% or moreCode EYesOWNER10/2014Schedule BPDF page 45
11KINGFISHERHOLDING B, INC.OWNERDomestic entityKESTRA ADVISOR SERVICES HOLDINGS A, INC.75% or moreCode EYesOWNER06/2019Schedule BPDF page 46
12KINGFISHERHOLDING A, INC.OWNERForeign entityKINGFISHERHOLDING B, INC.75% or moreCode EYesOWNER06/2019Schedule BPDF page 46
13KINGFISHER HOLDING L.P.OWNERDomestic entityKINGFISHERHOLDING A, INC.75% or moreCode EYesOWNER06/2019Schedule BPDF page 46
14KINGFISHER TOPCO HOLDINGS, LPOWNERDomestic entityKINGFISHER HOLDING L.P.75% or moreCode EYesOWNER02/2025Schedule BPDF page 46
15KINGFISHER TOPCO HOLDINGS GP, LLCGENERAL PARTNERDomestic entityKINGFISHER TOPCO HOLDINGS, LPPercentage not specifiedCode FYesGENERAL PARTNER02/2025Schedule BPDF page 46
16OHCP VI ENZO AGGREGATOR, L.P.OWNERDomestic entityKINGFISHER TOPCO HOLDINGS, LP25% to less than 50%Code CYesOWNER02/2025Schedule BPDF page 46
17T-IX KRAKEN CO-INVEST, LPOWNERDomestic entityKINGFISHER TOPCO HOLDINGS, LP25% to less than 50%Code CYesOWNER02/2025Schedule BPDF page 46

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 7/9/2026 12:37:05 PM

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.