# Heartwood Wealth Advisors, LLC

> Heartwood Wealth Advisors, LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.

- CRD: 300273
- Filed as: HEARTWOOD WEALTH ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/300273
- AdvisorCensus page: https://advisorcensus.com/firm/heartwood-wealth-advisors-llc-richmond-va-300273

## Quick answers

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

**How much does Heartwood Wealth Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated February 6, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Heartwood Wealth Advisors, LLC located?**
Heartwood Wealth Advisors, LLC's principal office is in Richmond, VA, according to its Form ADV.

**Is Heartwood Wealth Advisors, LLC registered with the SEC or a state?**
Heartwood Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 300273.

**How much does Heartwood Wealth Advisors, LLC manage?**
Heartwood Wealth Advisors, LLC reports $1,548,607,424 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (91% discretionary).

**How have Heartwood Wealth Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Heartwood Wealth Advisors, LLC: Regulatory assets under management: $881,231,856 in the October 2021 data and $1,548,607,424 in the October 2026 data, up 76%. Total employees: 9 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 Heartwood Wealth Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (566); pension and profit sharing plans (but not the plan participants or government pension plans) (6); charitable organizations (2).

**Does Heartwood Wealth Advisors, LLC 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/300273

**Does Heartwood Wealth Advisors, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated February 6, 2026 says: "Heartwood recommends (but does not require) that clients have at least $2,000,000 in total manageable assets with the firm."

**What changed in Heartwood Wealth Advisors, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $1,302,509,037 to $1,548,607,424 (+19%). Employees performing advisory functions went from 8 to 10.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 6, 2026)

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> The maximum annual fee to be charged for our services will not exceed 1.5% of assets under management.

- Account minimum: $2,000,000

> Heartwood recommends (but does not require) that clients have at least $2,000,000 in total manageable assets with the firm.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,548,607,424
- Discretionary: $1,408,673,029
- Non-discretionary: $139,934,395

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 566 | $1,432,120,976 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $112,939,693 |
| Charitable organizations | 2 | $3,546,755 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2019 (7 years)
- Employees: 13 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, LA, MA, NC, SC, TX, VA, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $881,231,856 | 9 | March 29, 2021 |
| October 2022 | $1,005,565,944 | 11 | February 1, 2022 |
| October 2023 | $982,801,382 | 13 | February 17, 2023 |
| October 2024 | $1,125,175,360 | 13 | February 29, 2024 |
| October 2025 | $1,302,509,037 | 13 | May 20, 2025 |
| October 2026 | $1,548,607,424 | 13 | April 30, 2026 |

Regulatory assets under management: $881,231,856 in the October 2021 data and $1,548,607,424 in the October 2026 data, up 76%.
Total employees: 9 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $1,302,509,037 to $1,548,607,424 (+19%).
- Employees performing advisory functions went from 8 to 10.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Heartwood Wealth Advisors, LLC (CRD 300273): Form ADV filing data as of October 2026.