The HERITAGE WEALTH ADVISORS, LLC is a privately held investment adviser that advises $4.86Bn in regulatory assets under management held in 1 SEC fund types across 4 investment strategies. HERITAGE WEALTH ADVISORS, LLC is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 82.05% over the last 5-years.
The Group has been registered with the SEC for 20.77 years and is comprised of 1 filing and 0 relying advisers. They operate out of 4 office locations with their Headquarters at 919 EAST MAIN STREET SUITE 950, RICHMOND, VIRGINIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 36 employees comprised of 18 investment and 18 non-investment staff. The total number of Employees increased by 50% over the last 5-years.
Their $4.86Bn in assets advised are owned by 9 private funds, 0 public funds and BDCs and 60 other accounts. Assets of High Net Worth Individuals clients own $2.61Bn or 53.67% of Total Assets and Charitable Organizations own $1.63Bn or 33.57% of Total Assets.
The Group's top investment strategies include Traditional LBO, Fund of Funds and Long/Short Equity, representing 38.22%, 35.47% and 26.3% of total assets, respectively.
They advise 5 types of clients, top clients are High Net Worth Individuals and Charitable Organizations.
The Group uses 2 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 3 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses advisory fees, fixed fees and management fees.
HERITAGE WEALTH ADVISORS, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.