# Headinvest

> Headinvest is an SEC-registered investment advisory firm in Portland, ME, registered since 2006, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 140518
- Filed as: HEADINVEST
- Legal name: Headinvest, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Portland, ME
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140518
- AdvisorCensus page: https://advisorcensus.com/firm/headinvest-portland-me-140518

## Quick answers

**How is Headinvest compensated?**
On its Form ADV (Item 5.E, October 2026), Headinvest reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Headinvest located?**
Headinvest's principal office is in Portland, ME, according to its Form ADV.

**Is Headinvest registered with the SEC or a state?**
Headinvest is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140518.

**How much does Headinvest manage?**
Headinvest reports $891,849,255 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary).

**How have Headinvest's assets and staff changed since 2021?**
In the Form ADV data for Headinvest: Regulatory assets under management: $782,423,323 in the October 2021 data and $891,849,255 in the October 2026 data, up 14%. Total employees: 15 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Headinvest serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (322); individuals (other than high net worth individuals) (101); charitable organizations (21).

**Which custodians does Headinvest use?**
Headinvest's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Headinvest report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/140518

**What changed in Headinvest's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 6.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $891,849,255
- Discretionary: $891,849,255
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 101 | $55,325,502 |
| High net worth individuals | 322 | $755,017,493 |
| Charitable organizations | 21 | $77,577,450 |
| State or municipal government entities (including government pension plans) | 1 | $3,928,810 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 13 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, LA, MA, ME, NC, NH, NY, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- headinvest.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $782,423,323 | 15 | September 13, 2021 |
| October 2022 | $883,236,624 | 15 | March 25, 2022 |
| October 2023 | $829,561,294 | 15 | March 29, 2023 |
| October 2024 | $897,644,886 | 16 | August 9, 2024 |
| October 2025 | $969,679,151 | 15 | June 18, 2025 |
| October 2026 | $891,849,255 | 13 | March 19, 2026 |

Regulatory assets under management: $782,423,323 in the October 2021 data and $891,849,255 in the October 2026 data, up 14%.
Total employees: 15 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 6.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Headinvest (CRD 140518): Form ADV filing data as of October 2026.