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Local Investment Firm Lands In Winner’s Circle By Adding To Families’ Value
(Williamsport, PA – August 21, 2013) – Forbes Magazine recently ranked Williamsport-based Hudock Capital Group (HCG) number one on the publication’s “Top 50 Emerging Advisors” list. That national recognition was followed by the announcement in June that Barbara B. Hudock had again been named to Barron’s Magazine’s “Top 100 Women Financial Advisors” list at #42 in the country. In addition, Hudock was also named to Barron’s “Top 1000 Financial Advisors by State in 2013,” listed at #14 in the state of Pennsylvania.
“We are extremely proud that our firm has been recognized as top performers both nationally and in the state of Pennsylvania but most importantly, it’s the pride we take in building and maintaining personal relationships along with our client-centric philosophy that outweighs any recognition we receive,” said Barbara B. Hudock, CEO & founding partner. “We credit our success to our focus on traditional core values including trust combined with a diverse offering of wealth management and investment services.”
Emphasis on Teamwork
Hudock, with more than 38 years of financial services experience, takes pride in the fact that the team at HCG has a combined total of nearly 300 years in the financial management business. Each team member from Jane, the “Coordinator of First and Lasting Impressions” to the firm’s top advisors are dedicated to ensuring HCG’s investment philosophy is clearly communicated to anyone entering their office door.
“We emphasize to our clients that when it comes to planning for the future, preserving wealth and managing financial assets, it all boils down to allocation and partnership,” said Michael J. Hudock, president and founding partner. “We’re in the life planning business helping successful families, individuals and businesses realize their unique financial goals. Recognition by both Forbes and Barron’s is a positive reality check on how we’re doing in what we love to do.”
Short-Term Advice on Long-Term Goals
A recent letter from HCG to clients began with a quote from Sir Isaac Newton, “For every action, there is an equal and opposite reaction.”
In the letter, Jason Moyer, CIO wrote, “It seems obvious that Isaac Newton was not a stock investor, because very often in the markets, we have historically seen that initial reactions are usually overreactions, and they are anything but equal in force to what prompted them. Such has been the case, we believe, in the recent market sessions in both stocks and bonds.”
He went on to counsel clients that recent market activity is a reminder that fundamentals and valuations matter. “If an investment looks too good to be true, it probably is, and investor expectations should be reasonably conservative and focused on long-term goals,” wrote Moyer.
Forbe’s Magazine’s “Top 50 Emerging Advisors” list ranked RIAs (Registered Investment Advisors) under $500 million in total assets under management (AUM) based on growth from March 31, 2011 through March 31, 2013. Advisors qualified based on quantitative and qualitative factors.
Barron’s Magazine’s rankings were based on data provided by the nation’s top productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
Originally from Charlotte, North Carolina, Barbara Hudock has lived in Williamsport for more than 41 years. She earned her bachelors degree from Bloomsburg University where she delivered the commencement address to this year’s graduating class and received the university’s Presidential Medallion. Barbara completed her CPM (Certified Portfolio Manager) certification through Columbia University and the Academy of Portfolio Management and holds the professional designation of Certified Investment Management Analyst (CIMA). She is a graduate of the Securities Industry Institute – one of the industry’s premier education programs and a joint effort of Wharton Business School faculty and the Securities Industry Association (SIA).
Hudock strongly believes that community involvement and support of the arts are key and serves on several boards including WVIA Television & Radio, Susquehanna Health Foundation and The Woodcock Foundation for the Appreciation of the Arts, Inc.
For more information on Hudock Capital Group, visit www.hudockcapital.com.