{ "crd_number": 137484, "slug": "heritage-wealth-advisors-richmond-va-137484", "primary_business_name": "HERITAGE WEALTH ADVISORS", "legal_name": "HERITAGE WEALTH ADVISORS, LLC", "dbas": [], "city": "Richmond", "state": "VA", "country": "United States", "cbsa_code": "40060", "metro": { "cbsa_code": "40060", "common_name": "Richmond", "msa_name": "Richmond, VA", "path": "/advisors/va/richmond" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2005-10-27", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-07-30", "carried_forward": false, "raum_total": 4858545649.0, "raum_discretionary": 4705675429.0, "raum_non_discretionary": 152870220.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 36, "advisory_employees": 18, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 1631067902.0, "count": 19 }, "individuals": { "raum": 44104335.0, "count": 130 }, "high_net_worth_individuals": { "raum": 2607747966.0, "count": 254 }, "pooled_investment_vehicles": { "raum": 255372226.0, "count": 7 }, "corporations_other_businesses": { "raum": 320253220.0, "count": 41 } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "other", "pension_consulting", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "FL", "GA", "NC", "NY", "PA", "SC", "TN", "VA" ], "websites": [ "https://heritagewealth.net", "https://linkedin.com/COMPANY/HERITAGE-WEALTH-ADVISORS" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137484", "city_as_filed": "RICHMOND", "url": "https://advisorcensus.com/firm/heritage-wealth-advisors-richmond-va-137484", "display_name": "Heritage Wealth Advisors", "summary": "Heritage Wealth Advisors is an SEC-registered investment advisory firm in Richmond, VA, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.", "citation": "AdvisorCensus. Heritage Wealth Advisors (CRD 137484): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Other" ], "quick_answers": [ { "q": "How is Heritage Wealth Advisors compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Heritage Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "Where is Heritage Wealth Advisors located?", "a": "Heritage Wealth Advisors' principal office is in Richmond, VA, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Heritage Wealth Advisors registered with the SEC or a state?", "a": "Heritage Wealth Advisors is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 137484." }, { "q": "How much does Heritage Wealth Advisors manage?", "a": "Heritage Wealth Advisors reports $4,858,545,649 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (97% discretionary)." }, { "q": "How have Heritage Wealth Advisors' assets and staff changed since 2021?", "a": "In the Form ADV data for Heritage Wealth Advisors: Regulatory assets under management: $2,668,745,096 in the October 2021 data and $4,858,545,649 in the October 2026 data, up 82%. Total employees: 24 in October 2021 and 36 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Heritage Wealth Advisors serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (254); individuals (other than high net worth individuals) (130); corporations or other businesses not listed above (41)." }, { "q": "Which custodians does Heritage Wealth Advisors use?", "a": "Heritage Wealth Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Heritage Wealth Advisors 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/137484" }, { "q": "What changed in Heritage Wealth Advisors' recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2668745096.0, "total_employees": 24, "filing_date": "2021-10-01" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3325396139.0, "total_employees": 26, "filing_date": "2022-08-26" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3081765406.0, "total_employees": 30, "filing_date": "2023-04-04" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4001734968.0, "total_employees": 35, "filing_date": "2024-09-30" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4567546731.0, "total_employees": 36, "filing_date": "2025-07-23" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4858545649.0, "total_employees": 36, "filing_date": "2026-07-30" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 17 to 18.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in LA, TX." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "National Financial Services LLC", "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/heritage-wealth-advisors-richmond-va-137484.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 130, "fewer_than_5": false, "raum": 44104335.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 254, "fewer_than_5": false, "raum": 2607747966.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 7, "fewer_than_5": false, "raum": 255372226.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 19, "fewer_than_5": false, "raum": 1631067902.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 41, "fewer_than_5": false, "raum": 320253220.0 } ], "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/137484", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }