AdvisorCensus / Financial advisors / Massachusetts / Boston / Heritage Holding
Heritage Holding
Filed as HERITAGE HOLDING · Legal name Heritage Holding Management, LP
Heritage Holding is an SEC-registered investment advisory firm in Boston, MA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is Heritage Holding compensated?
On its Form ADV (Item 5.E, October 2026), Heritage Holding reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
What does Heritage Holding's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Heritage Holding located?
Heritage Holding's principal office is in Boston, MA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Heritage Holding registered with the SEC or a state?
Heritage Holding is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331677.
How much does Heritage Holding manage?
Heritage Holding reports $277,650,636 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).
How have Heritage Holding's assets and staff changed since 2024?
In the Form ADV data for Heritage Holding: Regulatory assets under management: $222,660,882 in the October 2025 data and $277,650,636 in the October 2026 data, up 25%. Total employees: 12 in October 2024 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Heritage Holding serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).
Does Heritage Holding 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/331677
Does Heritage Holding state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "When accepting new investors, the Funds will likely require a minimum investment of around $5 million but may accept lesser amounts at the discretion of Heritage (including its affiliates)."
What changed in Heritage Holding's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $222,660,882 to $277,650,636 (+25%). Employees performing advisory functions went from 13 to 17. Changed its office addresses in New York, NY.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 2% of assets a year
The brochure's wording
Heritage (or an affiliate or subsidiary) charges the Fund, and consequently the underlying Investors, an annual management fee of around two percent (2.0%) of the total capital commitments of the Fund during such Fund’s investment period.
Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
When accepting new investors, the Funds will likely require a minimum investment of around $5 million but may accept lesser amounts at the discretion of Heritage (including its affiliates).
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$277,650,636 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Legal name
- Heritage Holding Management, LP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 17. Performing investment advisory functions: 17.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the April 2026 filing
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $277,650,636 | 17 | March 31, 2026 |
| October 2025 | $222,660,882 | 13 | June 24, 2025 |
| October 2024 | Not reported | 12 | July 25, 2024 |
Regulatory assets under management: $222,660,882 in the October 2025 data and $277,650,636 in the October 2026 data, up 25%.
Total employees: 12 in October 2024 and 17 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $222,660,882 to $277,650,636 (+25%).
- Employees performing advisory functions went from 13 to 17.
- Changed its office addresses in New York, NY.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Heritage Holding (CRD 331677): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/heritage-holding-boston-ma-331677