# Hicks & Associates Wealth Management

Hicks & Associates Wealth Management is a RIA based in Cary, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Cary, United States
- **Region:** North America
- **Address:** Cary, NC, United States
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** hicks-associates.com
- **LinkedIn:** https://www.linkedin.com/company/hicks-associates

## Regulatory record

- **CRD number:** 323171
- **SEC file number:** 801-126797
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-02-25T06:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/323171

## About

Hicks & Associates Wealth Management was founded in 2004 and is headquartered in Cary, North Carolina, within the Research Triangle region. The firm operates as a registered investment advisor, a regulatory structure that imposes a fiduciary duty to act in client best interests — a distinction that separates it from broker-dealers. The client base spans individuals, trusts, estates, individual retirement accounts, and 401(k) plans, positioning the firm as a provider of personalized financial counsel rather than an institutional allocator. The firm's primary service is investment advisory and portfolio management, with an emphasis on constructing and stewarding portfolios for taxable and retirement assets. While specific portfolio holdings and asset-class weightings are not publicly disclosed, the firm's regulatory posture and client profile point toward a service model built on direct security selection, asset allocation, and financial planning. Unlike multi-family offices or private investment firms that pursue direct co-investments and fund commitments, Hicks & Associates operates within the traditional RIA framework. The geographic scope is centered on the Carolinas and the broader southeastern United States, with no evidence of international investment operations. Scale metrics for the firm are not publicly available. The firm has not disclosed total assets under management, number of clients, or team headcount in any accessible public filing or media appearance. No additional offices, adjacent philanthropic vehicles, or co-investment clubs have been identified. The firm does not appear to maintain an active media presence, publish thought leadership, or participate in industry surveys that would yield external size estimates. Its operational footprint remains calibrated to the local market that it has served for over two decades. Structurally, Hicks & Associates differs from the prototypical family office or growth-stage allocator. It is a fee-based RIA without the family employment model, direct-deal capabilities, or multi-generational concierge features common among single-family offices. Its business architecture reflects an independent advisory practice — owner-operated, regionally anchored, and built on recurring advisory relationships — a model that emphasizes continuity and local trust over institutional scale. The key structural question for any allocator evaluating the firm is whether the advisory function is poised for succession or remains tied to the founder's personal involvement.

## Sectors

- Wealth Management
- Financial Planning

## People

- Theodore Hicks — Founder, CEO & Chief Investment Officer

## Questions

### Who runs investment decisions at Hicks & Associates Wealth Management?

Theodore Hicks serves as Founder, CEO, and Chief Investment Officer. The firm's website describes a single, written investment management process that he shapes and executes, eliminating committee-driven delays. All risk assessment, trend monitoring, and position-level sell decisions flow through him.

### What is the firm's approach to portfolio management?

The firm applies a rules-based, data-driven process that first gauges whether the market environment is risk-on, risk-off, or sideways. It then monitors momentum across stocks, bonds, and commodities, tilting toward sectors showing trend strength. Positions moving against the portfolio are sold, with small losses taken to avoid larger drawdowns.

### What client segments does the firm serve?

Hicks & Associates targets high-income achievers earning over $250,000 annually, families within sight of retirement who want downside protection, and investors dissatisfied with passive strategies. The firm also advises trusts, estates, IRAs, and 401(k) plans.

### Does Hicks & Associates commit to external funds or invest only directly?

The firm's disclosed materials describe a direct, actively managed approach across equities, bonds, and commodities. There is no public mention of committing capital to external private funds, venture vehicles, or hedge fund partnerships.

## Related profiles

- [Hichain Logistics](https://altss.com/profile/hichain-logistics)
- [Hicks Capital Management](https://altss.com/profile/hicks-capital-management)

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Last updated: 2026-07-06T00:34:25.274Z

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