HPA Financial Group

HPA operates as both a registered investment advisor and a licensed insurance brokerage under one entity. This means the firm can act as a fiduciary on investment management while also placing insurance products — life, disability, long-term care — without referring clients to an external agent. Most family offices either avoid insurance licensing or outsource it entirely, which makes HPA's integrated model distinctive in the Northern Virginia market.

No. Based on its regulatory filings and service descriptions, HPA constructs client portfolios using third-party money managers and individual securities rather than offering in-house commingled vehicles. The firm's value proposition centers on allocation, coordination, and risk management, not proprietary asset management.

The firm targets multi-generational families in the Washington, D.C. metropolitan area, with a particular focus on wealth preservation, tax-efficient distribution, and estate transfer. Its emphasis on insurance integration suggests a client base that includes families with illiquid assets — concentrated stock positions or closely held businesses — who need both portfolio management and risk-transfer planning.

John Hornbostel founded the firm and serves as its principal. Public records do not name additional investment committee members or partners, suggesting a lean operational structure where the founder remains the central decision-maker on both advisory and insurance matters.

Yes, on the investment-advisory side. As a registered investment advisor, HPA is held to the fiduciary standard under the Investment Advisers Act of 1940, meaning it must act in its clients' best interests. The insurance-brokerage arm operates under a suitability standard, which is a different regulatory framework — a distinction that clients and co-investors should understand when engaging the firm across both capacities.