HMS Financial Services

Harold M. Sollenberger is the founder and lead decision-maker. He is both a CPA and a financial planning practitioner, and portfolio allocations flow through in-house models he oversees. The firm has not publicized a formal investment committee or additional named investment staff.

No. HMS focuses exclusively on publicly traded securities, municipal and corporate bonds, and pooled investment vehicles. Client portfolios are constructed for liquidity and income, and the firm does not allocate to private equity, venture capital, or direct real estate deals.

The firm runs a core-satellite model anchored in US large-cap equities and fixed-income ladders. Portfolios tilt toward dividend-paying stocks and short- to intermediate-duration bonds, with an overarching emphasis on after-tax returns — a direct extension of the founder's CPA background.

As a registered investment advisor, HMS charges a fee based on assets under management. Public filings from the firm's ADV have historically confirmed a standard fee-only structure with no commission-based product revenue, though the exact fee schedule requires direct confirmation.

The firm's asset base and clientele are concentrated in the Mid-Atlantic, specifically suburban Maryland. Portfolio exposure is overwhelmingly domestic; the firm has not disclosed any dedicated international equity or emerging-market allocation sleeves, consistent with its income-preservation mandate.