California Institute of Finance — CIF

Richard Hoe
Richard Hoe Investments, LLC

Richard Hoe

Richard Hoe is the principal officer at Richard Hoe Investments, LLC, and has been based in Tulsa for 32 years. He designs and manages investment portfolios for customers in Oklahoma, Arkansas, Colorado, Texas, Florida, Illinois, Missouri, New York, California and North Carolina.

Until 2005, Richard Hoe was executive vice president at Summit Financial Group, a multi-state benefits firm.

Married, with three grown children, he considers securities work a labor of love. In his non-professional life, Mr. Hoe loves jazz and reading, and may often be found prowling the aisles of a Tulsa book store. His wife recently retired from adjudicating claims for a 5-state employer. A son works in Michigan and a daughter is a senior graphic designer for the CEO of a major national accounting firm. Mr. Hoe's youngest son joined Richard Hoe Investments, LLC in August, 2007.

Originally from New York City and Southwestern Pennsylvania, Mr. Hoe is listed in Who's Who in America, Who's Who in the World, Who's Who in Finance and Industry and other references. His articles have appeared in many, if not most, of the journals and magazines in the financial services industry, including Registered Representative and The Journal of Financial Services Professionals. Mr. Hoe has, for many years, written the popular monthly column "The Investment Edge" in a national magazine for financial professionals, and writes a weekly "The Investment Edge" blog for financial professionals as well. He is credited with developing many employee benefits concepts, including Optionally Portable Insurance, Social Security alternate portable benefits and others, including Satellite Split-Dollar. Mr. Hoe is active in the retirement marketplace as well as managing investment portfolios.

Areas of Expertise

Much of Dick's business time is spent on developing investment strategies and building portfolios. He works primarily with individual investment and retirement programs; his clients include active and retired CEOs, multinational corporate executives, musicians, teachers, administrators, and even “just starting out” couples.

Through his broker-dealer's advisory firm, he acts as a third-party investment advisor, and designs and manages investment portfolios for the customers of other registered representatives, in or outside of his broker-dealer, through companies such as Prudential, AIG, and Jackson National.

Dick helps special needs families with financial planning without charge. Trained by the nation's preeminent provider of special needs planning, he works with a partner, Donna Reed. Through free workshops, Dick and Donna help special needs children and special needs families. Dick, independently, does trustee work for special needs children and adults.

Resume

Dick has served on the national boards of two national charities and one professional organization, and is one of the original incorporators of the National ALS Foundation, an organization devoted to helping patients with Lou Gehrig's disease. A member (current treasurer and a director) of the Tulsa Estate Planning Forum and the National Association of Estate Planning Councils, Dick is a past officer of the Will Rogers Rotary Club. Presently, he is a director of the Tulsa chapter of the Society of Financial Services Professionals, and has been involved in many civic activities, including chairing the Oklahoma MS 150 Bike Tour and starting an anti-racism program.

Dick holds five designations, including ChFC, CLU, and AEP. He has taught numerous college-level financial services industry courses.