Tel: 941-308-9862 5245 Office Park Blvd Suite 103 Bradenton, FL 34203
When YOU'RE ready, WE'RE ready...
About Hendricks Wealth and Estate Management
We want you to come away from your first meeting with us with a sense that it was the best hour that you've ever spent on your personal finances. Then, if you choose to work with us going forward, we want every meeting to conclude with you thinking that you couldn't have picked a better partner to work with you along your personal financial planning journey. We want to be your LIFETIME financial advisor. Our founder, Jim Hendricks, started the firm in 2004 and still works full-time with the firm today. We also have four other advisors and two support staff who will work closely with you with the goal of making you feel like you couldn't have chosen a better team. We have offices in Bradenton, FL and Algonquin, IL.
My career has been devoted to finance. I received a bachelor's degree in accounting, became a CPA, and then worked as a controller. However, I always knew I didn't want a full career in accounting.
I joined the financial services industry in 2002 at a firm where there was pressure to generate commissions and wear a suit every day. I didn't much care for that, so I started my firm in 2004. That firm is Hendricks Wealth and Estate Management (HWEM) and I hope it exists for decades to come.
I have 3 grown children. They aren't all taking Dad's recommendation of becoming future executives with HWEM, but there's still time.
Part of my mission is to have fun every day. Work comes first, but personally, my enjoyment comes from creating something, playing golf, playing a game, playing drums, or playing just about anything. Ever since I was a child, I've been making games out of everything. Combine setting goals and motivation into a game, and your desire to win will also help you accomplish your goals. I carry this mindset in business, and it is the approach that I take with clients in their quest for financial peace.
If you get a chance, ask me to tell my story about what prompted my self-motivation. It's a story I like to tell.
TomAnderson
TomAnderson
I began my career in financial services in April 2025 after knowing Jim for many years on a personal level. With a background in both physics and sales, I bring a unique blend of analytical thinking and interpersonal insight to financial services. The transition from teaching towards becoming a financial advisor was a big change, but one I remain excited about, and I'm excited to help you plan your financial future.
What drew me to this field wasn't just a passion for numbers, it was the chance to make a real impact on people's lives. Financial planning is more than just numbers, it's about getting to really know people, understanding what matters to them, and helping them make smart choices through life's big moments.
Outside of work, I enjoy staying active at the gym, spending time with my husky, golfing, and exploring new ways to grow both personally and professionally. I love meeting people, traveling, and just enjoying life as much as I can.
General Information
Firm Start Year:
2004
No. of Employees:
5-9 Employees
Insurance License#:
W855126
Name of Broker/Dealer:
N/A
Name of Custodial Firm:
Charles Schwab
States Licensed in:
FL, IL, HI (Firm is Registered with SEC and can work with clients in all states)
Communities served:
Bradenton, Sarasota, Lakewood Ranch, Palmetto, Ellenton, Sun City Center, Foxleigh, Parrish, Osprey, Venice, Ruskin, St. Pete Beach, St. Pete, AMI, Treasure Island, Indian Shores, Pinellas Park, Indian Rocks Beach, Ruskin, Apollo Beach, Wimauma
Your Home, Our Office, Phone, Email, Your Office, Our Offices, Video Conference
Compensation and Fees
Fee Structure:
Fee-Based
Compensation Methods:
Hourly, Based on Assets
Fee % Based on Assets:
Negotiable
Hourly Rate:
$399
Additional Details on Charges:
We strive to be your LIFETIME financial advisor, and to do that we want to put our best foot forward out of the gate. We want you to come away from the hour you spend with us feeling as though that was the best hour you've ever spent on your personal financial future. We have a very competitive grid that details our fees, and those fees are based upon assets under management. Fees will be disclosed during our initial discussion. There is no fee for initial consultations. We have a team of advisors, and you will meet with at least one of those advisors for your initial meeting. We look forward to hearing from you!
Firm Information
Firm's Number of Clients:
900
Firm's Number of Planning Clients:
10
Firm's Number of Managed Clients:
890
Assets Managed by Firm:
$470,000,000
Advisor's Number of Clients:
900
Advisor's Number of Managed Clients:
890
Advisor's Number of Planning Clients:
10
Total Assets Under Management by Advisor:
$470,000,000
Preferred meeting methods
I provide a free initial consultation:
Yes
Education
Bachelor of Science - Accountancy:
Northern Illinois University - DeKalb, IL
8/21/1989 - 5/7/1994
Portfolio Management
We have a highly structured and disciplined portfolio management process that ties in with the client's financial plan. Everything is strategic in nature, yet easy to understand, and that's what our clients love about it.
Retirement Planning
We have a very detailed, proprietary financial plan that we create for EVERY client. It is something we developed in house and have been using for many, many years, and we feel it is one of our biggest strengths as a firm.
401K Rollovers
We help clients determine whether a 401k rollover is right for them. We are truly fiduciaries and will only recommend what is in the client's best interest. Rollovers are one of our more common sources of new clients.
Wealth Management
We take the entirety of the client's wealth picture into account. We are VERY proactive about making sure that not only is your plan handled in a very efficient manner, but we also ensure that any assets that you plan to leave to beneficiaries are also handled very efficiently, and that can have VERY meaningful ramifications for your beneficiaries. Beneficiary and estate planning are very important to us!
Annuities
While we are licensed to sell annuities, we seldom recommend them as we feel that insurance and investments should generally not be mixed together. If you're looking for an annuity salesperson, you're probably better going elsewhere....but talk to us first so we can tell you why an annuity might not be in your best interest!!
Financial Planning for Businesses
We help business clients as small as sole proprietors or as large as having more than 100 employees establish qualified retirement plans for their business. The proper plan will depend upon the number of employees, the average age of employees, the cash flow of the business, and how much the owner wishes to contribute to the plan on behalf of the employees. We will help you find the right fit for your business!
Financial Planning for Individuals
Our financial planning tool is proprietary and is one of the cornerstones and strengths of our business. Within about 20 minutes, we can tell clients whether they are on track to be able to maintain their current standard of living during their retirement years, and if so, at what age they are on pace to be able to afford to retire. The best way to learn more about this is to see it for yourself, so set up your free initial consultation!
Financial Advice & Consulting
We want our clients coming to us with assistance regarding anything in their financial lives, not necessarily just investments. Are you going to be making a car purchase? Talk to us first! Are you moving? Talk to us first! Considering starting a business? Talk to us first! Considering bringing in employees? Talk to us first!
Insurance Planning
We generally recommend term life insurance, and one of our advisors is licensed to sell insurance to residents of FL, IL, and HI. We generally do not recommend any permanent insurance policies or annuities, and we'll be happy to discuss the reasons for this during your free consultation!
Estate Planning & Trusts
We are VERY involved in the estate planning process. While our firm does not offer official legal advice and is not authorized to practice law, one of our employees is an attorney and does have an estate planning practice that is entirely separate from our firm. Also, we have the ability to help you create estate planning documents and trusts within guardrails that ensure that we are not practicing law. We also help make beneficiary recommendations for your estate that will help your overall estate picture be as tax efficient as possible.
Tax Advice and Services
We do not offer official tax advice, but we do want to make sure that you are as tax efficient as possible. We are well versed in tax rates and tax treatment of investments, and we also take a household view of your taxable income when we are making both investment AND beneficiary recommendations. We do not prepare tax returns, but we do work closely with your tax preparer. We are also very proactive in recommending things such as Roth conversions when they make sense.
Education Funding and Planning
We are very strong proponents of Section 529 college savings plans, but those are not for everybody. In general, college attendance is dropping, but fortunately there are new rules in place that will help clients avoid taxes and penalties if they have assets left in a college savings plan after their child completes their education. (subject to limitations). We help clients calculate what is needed for college and make the proper allocations.
Investment Advice & Management
We are very selective and efficient when it comes to investment management. We have relatively few investments that we recommend, and then we monitor those investments regularly and cater their allocation to each client based upon their time horizon and risk tolerance. We thoroughly review your investments with you during our regularly scheduled meetings.
Risk Management
While we cater our advice to each client's particular tolerance for risk, we also generally view risk as a good thing when it comes to long-term portfolios. Short-term assets must be protected by using lower risk instruments, but we generally want our clients taking as much sensible risk as they can tolerate with their longer term assets. We only advise pooled investment products such as mutual funds and ETFs so that clients remain diversified.
Money Management
We factor all of a client's assets into our wealth management picture, and that includes cash that a client may hold, as well as other investments that might be held outside of our firm. We want to make sure that everything is working together as seamlessly as possible.
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Disclosures
WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.
Services offered through J.G. Hendricks Financial Services, LLC dba Hendricks Wealth and Estate Management, a Registered Investment Adviser. Our firm, Hendricks Wealth and Estate Management, is an investment adviser registered with the Securities and Exchange Commission. We feel that it is important for you to understand how advisory and brokerage services and fees differ in order to determine which type of account is right for you. There are free and simple
tools available to research firms and financial professionals at www.investor.gov/CRS, which also provides
educational materials about investment advisers, broker-dealers, and investing.
WiserAdvisor is a wholly-owned brand of the Respond.com Inc. ("Respond") family.
Respond is registered with the U.S. Securities and Exchange Commission as an investment adviser,
and operates through various subsidiaries and brands that provide financial education.
WiserAdvisor matches and refers investors to qualified financial professionals that have elected to participate in our matching platform.
WiserAdvisor, Respond, and Respond's other subsidiaries and brands do not manage investor assets or otherwise render investment or
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