Hallador Investment Advisors, Inc.

About Us

Hallador Investment Advisors, Inc. (HIA) is a SEC registered investment advisor and family office serving multiple generations of a single family and other institutional investment clients. The firm is located in Reno, Nevada.


Hallador’s family office was created in 1974, and HIA registered with the SEC in 2004.


The SEC has not approved or disproved the content of this website nor determined whether this website is accurate or complete. SEC registration does not imply a certain level of skill or training.


We aim to generate outstanding returns for our clients, our company, and the community around us.



We succeed by upholding intellectual honesty while respecting others and their views.


We do the right thing regardless of the short-term consequences for the long-term success of our clients, company, and people.


We earn the trust and respect of our clients and fellow team members by doing what we say we will do.

Continuous Learning

We embrace the challenge of a constantly changing world by investing in ourselves and our company.


  • Christina Stewart


  • Michele MacDonald

    Executive Assistant

  • Peter Van Roden

    Investment Analyst


Hallador invests across a range of strategies and asset classes, but has a value orientation, focused on cash flow, concentrated positions, tax efficiency, and off-the-beaten-path managers and companies.

Public Equities

Hallador’s equity portfolio is diverse, ranging from the United States to emerging markets, deep value to growth, and includes active and passive strategies.

Private Equity Funds

Hallador has allocated to managers in traditional buyout, growth capital, real estate, secondaries, distressed, venture capital, and infrastructure funds, across developed and emerging markets.

Hedge Funds

Hallador focuses on hedge funds that prioritize absolute returns over volatility reduction, and strategies include traditional long-short and multi-strategy.

Direct Private & Public Investments

Hallador holds a portion of certain portfolios in direct investments, primarily in venture capital, but also in real estate and other private and public opportunities. Direct venture capital investments include technology software/hardware, consumer products, and healthcare.

Hallador generally does not participate in new issues / IPO’s, nor pharma-related investments.

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    • Our office address

      5485 Kietzke Lane, Reno, NV 89511

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    The materials on this website do not constitute an offer to sell or a solicitation to purchase any securities or investment advisory services. Any such offer or solicitation shall be made only to “accredited investors” (as defined in Regulation D promulgated under the Securities Act of 1933), “qualified clients” (as defined in the Investment Advisors Act of 1940) and/or “qualified purchasers” (as defined in the Investment Company Act of 1940), pursuant to a private placement memorandum and related subscription materials. An investment in the strategies described herein involves a high degree of risk, including the possibility of loss of principal, and is illiquid due to restrictions on withdrawal. See the formal offering documents for full details regarding risks, minimum investments, fees and expenses. Past performance is no guarantee of future results.