Heritage Wealth Advisors
Assets Under Management
$4.6B
Number of Clients
424
Number of Advisors
14
Average Client AUM
$10.8M
AUM per Advisor
$326.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Heritage Wealth Advisors offers investment advisory and consulting services to high net worth individuals, families, trusts, estates, business entities, non-profit organizations, and pension and profit-sharing plans. Services include investment strategies, financial planning, and tax services. They may recommend unaffiliated independent investment managers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.80% |
| $5.0M - $20.0M | 0.60% |
| $20M+ | 0.50% |
Fees may be negotiable under special circumstances.
Fee Estimator
Heritage charges an annual investment advisory fee based on a percentage of assets under management. The fee includes investment advisory services, selecting and monitoring investments, monitoring investment results, and quarterly reporting. Financial planning and consulting services are offered for a separate, negotiable fixed fee. Fees are negotiable based on various factors. The fees listed do not include mutual fund expenses, transaction fees, or custodial fees.
Areas of Practice
Location
919 East Main Street, Suite 950, Richmond, VA, 23219