Hawken Wealth Management

The firm operates on a fee-only fiduciary model, typically billing a percentage of assets under advisement or a fixed retainer. This structure eliminates the conflict of interest present in commission-based or placement-fee models, aligning the firm's incentives with long-term family net worth rather than product sales.

Hawken generally operates under discretionary investment management agreements for agreed-upon portfolios, allowing the firm to rebalance, deploy capital to selected managers, and execute tax-loss harvesting without seeking transaction-level client approval, though families retain control over major illiquid commitments and large asset-class tilts.

The firm avoids strategies that introduce structural opacity, such as non-audited feeder funds and products with undisclosed liquidity gates, as well as high-commission insurance-wrapped investments that complicate consolidated reporting. It does not run proprietary pooled vehicles of its own.

Hawken facilitates direct co-investment access for qualified family clients on a deal-by-deal basis, typically sourcing these through established GP relationships rather than operating a formal co-investment fund. Minimums, when offered, are set at the individual deal level and can exceed $2 million.

The firm integrates family governance as an advisory capability — facilitating family meetings, drafting investment policy statements, and structuring gifting and education programs for rising-generation family members — without separate billing for these services unless substantial external counsel is required.