Heartland Advisors, INC.
Assets Under Management
$1.9B
Number of Clients
88
Number of Advisors
13
Average Client AUM
$21.4M
AUM per Advisor
$145.1M
Compensation
Fee-Only (AUM)
About This Firm
Heartland Advisors is an investment advisory firm offering discretionary investment management services to separate account clients, mutual fund portfolios, and other financial institutions. They may also provide services through wrap programs and model portfolio programs. Heartland's investment process relies on fundamental research and value investing principles.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $15.0M | 0.85% |
| $15M+ | 0.85% |
Fees negotiable above $15,000,000.
Fee Estimator
Heartland charges an annual fee based on a percentage of your assets under management. The fee is 1.00% on the first $5,000,000, 0.85% on the next $10,000,000, and negotiable above $15,000,000. Fees are generally payable monthly or quarterly. Heartland may negotiate lower fees with investment advisors or other financial intermediaries. Heartland generally does not accept new accounts of less than $1,000,000 for the Value Strategy, Small Cap Value Strategy and Small Cap Value Plus Strategy, and $500,000 for the Mid Cap Value Strategy and Opportunistic Value Equity Strategy.
Areas of Practice
Location
790 N Water Street Suite 1200, Milwaukee, WI, 53202