The HERITAGE WEALTH MANAGEMENT INC is a privately held investment adviser that advises $796.58mn in regulatory assets under management held in 4 SEC fund types across 4 investment strategies. HERITAGE WEALTH MANAGEMENT INC is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 1,084.28% over the last 5-years.
The Group has been registered with the SEC for 4.7 years and is comprised of 2 filing and 0 relying advisers. They operate out of 4 office locations with their Headquarters at 11440 W. BERNARDO CT. STE 390, SAN DIEGO, CALIFORNIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 15 employees comprised of 9 investment and 6 non-investment staff. The total number of Employees increased by 650% over the last 5-years.
Their $796.58mn in assets advised are owned by 10 private funds, 0 public funds and BDCs and 5 other accounts. Assets of High Net Worth Individuals clients own $419.12mn or 52.61% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $209.62mn or 26.32% of Total Assets.
The Group's top investment strategies include Multi Strat, FI/Credit - Diverse and Traditional LBO, representing 57.21%, 34.3% and 8.49% of total assets, respectively.
They advise 6 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 3 Custodians and 1 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, management fees and performance-based fees.
HERITAGE WEALTH MANAGEMENT INC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 2 funds.