Heritage Financial Advisors, LLC logo

Heritage Financial Advisors, LLC

Updated today

Total assets under management

$188,025,569

Total clients

220

16% high-net worth

Total advisors

2

of 1 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

110

Average account size

$854,662

About

Heritage Financial Advisors, LLC is an SEC-registered, fee-only advisory firm that provides financial planning, investment consultation, and investment management to individuals (both non-high-net-worth and high-net-worth), trusts, estates, charitable foundations, and businesses. The firm operates with a small advisory team and serves roughly 220 clients through both one-time planning engagements and ongoing portfolio services.

Portfolios are constructed using Modern Portfolio Theory with an emphasis on cost-efficient index mutual funds and ETFs for model allocations, while clients with larger account balances may receive customized portfolios or individual securities. The firm reports approximately $188 million in assets under management and typically operates on a non-discretionary basis, preparing investment policy statements and making recommendations that clients must approve before implementation.

Distinctive aspects relative to peers include a relatively high client load for a two-advisor practice and the large share of AUM managed non-discretionarily, which suggests an emphasis on client decision-making and education rather than delegated trading. The firm also conducts occasional educational workshops and provides specialized services such as retirement plan rollover analysis and charitable foundation investment management, features less commonly offered by similarly sized supported firms.

Client services

Financial planning Portfolio management Educational seminars or workshops

Expertise

General estate planning guidance Charitable giving & philanthropy College savings (529s, UTMA, etc.)

Fee options

Fixed

Fixed fees may be offered based on complexity and estimated hours, multiplied by hourly rate

Percentage

$200,001 - $500,000: 1.10% annually $500,001 - $1,000,000: 1.00% annually $1,000,001 - $2,000,000: 0.90% annually $2,000,001 - $3,000,000: 0.80% annually $3,000,001 - $4,000,000: 0.70% annually $4,000,001+: Negotiable

Project-based

$150 to $200 per hour for financial planning and incidental investment consulting, billed in 15-minute increments

Other

Account minimum: $200,000 Minimum fee: May have a minimum annual fixed fee; specifics not clearly stated Fee-only: Fee-only financial planning, consultation, and investment management services

Main office location

Heritage Financial Advisors, LLC

103 North River Road, Suite A

Waterville OH 43566, United States

Number of offices

2

Most active in

Ohio

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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