{
  "crd_number": 331677,
  "slug": "heritage-holding-boston-ma-331677",
  "primary_business_name": "HERITAGE HOLDING",
  "legal_name": "HERITAGE HOLDING MANAGEMENT, LP",
  "dbas": [],
  "city": "Boston",
  "state": "MA",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-07-26",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 277650636.0,
  "raum_discretionary": 277650636.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 17,
  "advisory_employees": 17,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 277650636.0,
      "count": 2
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MA",
    "NC"
  ],
  "websites": [
    "https://heritage-holding.com",
    "https://linkedin.com/company/heritage-holding-llc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/331677",
  "city_as_filed": "BOSTON",
  "url": "https://advisorcensus.com/firm/heritage-holding-boston-ma-331677",
  "display_name": "Heritage Holding",
  "summary": "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.",
  "citation": "AdvisorCensus. Heritage Holding (CRD 331677): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Heritage Holding compensated?",
      "a": "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."
    },
    {
      "q": "How much does Heritage Holding charge?",
      "a": "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."
    },
    {
      "q": "Where is Heritage Holding located?",
      "a": "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)."
    },
    {
      "q": "Is Heritage Holding registered with the SEC or a state?",
      "a": "Heritage Holding is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331677."
    },
    {
      "q": "How much does Heritage Holding manage?",
      "a": "Heritage Holding reports $277,650,636 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Heritage Holding's assets and staff changed since 2024?",
      "a": "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."
    },
    {
      "q": "What types of clients does Heritage Holding serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)."
    },
    {
      "q": "Does Heritage Holding report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does Heritage Holding state an account minimum?",
      "a": "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).\""
    },
    {
      "q": "What changed in Heritage Holding's recent Form ADV filings?",
      "a": "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."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": 12,
      "filing_date": "2024-07-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 222660882.0,
      "total_employees": 13,
      "filing_date": "2025-06-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 277650636.0,
      "total_employees": 17,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "2% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 2% of assets a year"
        ],
        "quotes": [
          "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."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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)."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 2.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 5000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "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.",
      "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)."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/heritage-holding-boston-ma-331677.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 277650636.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/331677",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}