# Heritage Wealth Management, Inc.

> Heritage Wealth Management, Inc. is an SEC-registered investment advisory firm in San Diego, CA, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.

- CRD: 316956
- Filed as: HERITAGE WEALTH MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Diego, CA
- Filing period: October 2026
- Form ADV filing dated: June 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/316956
- AdvisorCensus page: https://advisorcensus.com/firm/heritage-wealth-management-inc-san-diego-ca-316956

## Quick answers

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

**Where is Heritage Wealth Management, Inc. located?**
Heritage Wealth Management, Inc.'s principal office is in San Diego, CA, according to its Form ADV.

**Is Heritage Wealth Management, Inc. registered with the SEC or a state?**
Heritage Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 316956.

**How much does Heritage Wealth Management, Inc. manage?**
Heritage Wealth Management, Inc. reports $643,361,063 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary).

**How have Heritage Wealth Management, Inc.'s assets and staff changed since 2022?**
In the Form ADV data for Heritage Wealth Management, Inc.: Regulatory assets under management: $213,115,340 in the October 2022 data and $643,361,063 in the October 2026 data, up 202%. Total employees: 10 in October 2022 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Heritage Wealth Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (121); individuals (other than high net worth individuals) (103); pooled investment vehicles (other than investment companies and business development companies) (8).

**Which custodians does Heritage Wealth Management, Inc. use?**
Heritage Wealth Management, Inc.'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 Heritage Wealth Management, Inc. 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/316956

**Does Heritage Wealth Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 18, 2026 says: "The Firm generally requires a minimum initial investment of $1,000,000 to open an account, which could be negotiable by the Firm in its sole discretion."

**What changed in Heritage Wealth Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 7. Regulatory assets under management went from $491,221,951 to $643,361,063 (+31%). Registered or notice-filed in NE.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 18, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The Firm generally requires a minimum initial investment of $1,000,000 to open an account, which could be negotiable by the Firm in its sole discretion.

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

### 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: $643,361,063
- Discretionary: $643,361,063
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 103 | $50,578,840 |
| High net worth individuals | 121 | $305,134,440 |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $209,623,403 |
| Charitable organizations | 1 | $19,862,670 |
| Insurance companies | 1 | $41,458,670 |
| Corporations or other businesses not listed above | 1 | $16,703,040 |

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

### Firm details
- Registered since: 2021 (4 years)
- Employees: 13 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NE, TX, UT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- heritagealts.com
- heritagewealthusa.com
- hwmi.com
- LinkedIn @heritage-wealth-management-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $213,115,340 | 10 | August 5, 2022 |
| October 2023 | $327,291,376 | 9 | July 10, 2023 |
| October 2024 | $376,967,066 | 9 | July 8, 2024 |
| October 2025 | $491,221,951 | 9 | March 12, 2025 |
| October 2026 | $643,361,063 | 13 | June 30, 2026 |

Regulatory assets under management: $213,115,340 in the October 2022 data and $643,361,063 in the October 2026 data, up 202%.
Total employees: 10 in October 2022 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 7.
- Regulatory assets under management went from $491,221,951 to $643,361,063 (+31%).
- Registered or notice-filed in NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Heritage Wealth Management, Inc. (CRD 316956): Form ADV filing data as of October 2026.