SEC-Registered Investment Adviser
Howard Financial Services, LTD.
Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated August 12, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.
Registration
- Status
- Approved
- Registered since
- June 23, 1994
- Principal office
- 8350 Meadow Road, Suite 181, Dallas, TX 75231
- Organized as
- Limited Partnership, TX
- Fiscal year end
- December
- Website
- HTTP://WWW.HFS-WM.COM
Scale
- Regulatory AUM
- $1.4B
- Accounts
- 1,276
- Clients
- 9
- Employees
- 24, 18 in advisory roles
- Private funds advised
- 31
- Private fund gross assets
- $224.2M
- Fund types
- 1 hedge funds, 20 real estate funds, 10 other private funds
- Funds with Form D records
- 22 issuers in AltStreet's ledger, $129.5M reported sold across them
- Client assets in custody
- $683.1M (218 clients)
Business, clients and compensation, as filed
- Advisory activities
- financial planning, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients and selection of other advisers
- Compensated by
- a percentage of assets under management, hourly charges and fixed fees
- Client types
- individuals (other than high net worth) (151); high net worth individuals (259); pooled investment vehicles (31); charitable organizations (3); corporations or other businesses (2); other (0)
- Related persons include
- an accountant or accounting firm and a sponsor, general partner or managing member of pooled investment vehicles
Form ADV Item 11 disclosures
No yes answers on Item 11 as of the latest Form ADV (August 12, 2026). Item 11 covers the firm and its advisory affiliates.
Form D activity of the funds this firm advises, by year
22 issuers in AltStreet's EDGAR ledger are joined to this adviser through Form ADV Schedule D, with Form D filings from April 13, 2017 to December 10, 2025. Reported sold across them: $129.5M.Years are the year of each offering's first notice; sold and investors are the latest figures on each chain. Counts and totals only; the fund roster is in the terminal.
| First notice | Offerings | Reported sold | Investors |
|---|---|---|---|
| 2025 | 3 | $38.6M | 210 |
| 2024 | 1 | $12.8M | 53 |
| 2023 | 2 | $10.1M | 79 |
| 2022 | 3 | $5.7M | 61 |
| 2021 | 2 | $12.5M | 80 |
| 2020 | 2 | $8.3M | 70 |
| 2019 | 4 | $12.9M | 134 |
| 2018 | 2 | $14.3M | 102 |
| 2017 | 3 | $14.3M | 109 |
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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.