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Hennion & Walsh Asset Management, Inc.

Hennion & Walsh Asset Management, Inc.. CRD 126236

Hennion & Walsh Asset Management, Inc. logo

CRD: 126236

Hennion & Walsh Asset Management, Inc.

$768.8M Total AUM
$741.7M Disc. AUM
17.6% 3Y CAGR
75 Employees
1,112 ADV. Clients
36 yrs Firm Age

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Firm Details

Custodian
First Clearing · Wells Fargo
Clients
Retail and Institutional
Established Date
11-01-1989
Office Locations
4

Office Locations

2001 Route 46 Waterview Plaza Parsippany NJ
777 Suite 500 Boca Raton FL
777 Yamato Road Boca Raton FL

About Hennion & Walsh Asset Management, Inc.

Hennion & Walsh Asset Management, Inc. provides comprehensive wealth management and investment guidance, including municipal bond solutions and broader market investments. The firm differentiates with a “Second Opinion” review of client portfolios to help identify opportunities that may be missed. Operates across retail and institutional channels and works with clearing partners such as Wells Fargo.

Reported data analysis

What the numbers show

Between July 31, 2025 and March 30, 2026, reported AUM increased 30.3%, from $590.1M to $768.8M.

Across 5 reported observations, AUM increased 81.2% between July 7, 2022 and March 30, 2026, from $424.2M to $768.8M.

Of the latest reported AUM, 96.5% is discretionary and 3.5% is non-discretionary.

The firm reports 11 advisory representatives and 1,112 clients, or 101.1 clients per representative. That equates to $691.4K in reported AUM per client.

The profile lists 4 reported office locations and 36 years in operation. The source data was last updated on March 30, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

44 AVG AGE
$69.9M AVG AUM / ADVISOR
$691.4K AVG AUM / CLIENT
10.9 yrs AVG TENURE
75 Employees
11 Advisory Reps
55 RIA Reps
36yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • CRM
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

R

RICHARD HENNION

Owner, Partner

CRD
#1315386
Ownership
50% but less than 75%
W

WILLIAM WALTER WALSH

Owner, Partner

CRD
#1174993
Ownership
50% but less than 75%

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Contacts

ZACHARY COLIN ARMSTRONG

ZACHARY COLIN ARMSTRONG

--

CRD
#6091357
Justin Bischer

Justin Bischer

--

CRD
#7480053

Showing 2 of 74 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
07-07-2022
10-18-2023
03-27-2024
07-31-2025
03-30-2026
Category Assets AVG. Account size
Discretionary $741,718,409 $413,905
Non-Discretionary $27,109,434 $934,808
Total $768,827,843 $422,201

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Separately Managed Accounts

SMA allocation detail is available

Hennion & Walsh Asset Management, Inc. has reported separately managed account data across 4 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Hennion & Walsh Asset Management, Inc.'s 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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