Heckman Financial & Insurance Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Heckman Financial & Insurance Services reports 305 clients. They include 218 individual clients, 65 high-net-worth individuals, and 15 pension and profit-sharing plans. Of its assets, 100.0% ($116M across 565 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 22 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 36% |
| High-net-worth individuals | 21% | 58% |
| Pension and profit-sharing plans | 5% | 5% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 218 | $42M | 36.1% | $193K |
| High-net-worth individuals | 65 | $67.3M | 57.8% | $1.04M |
| Pension and profit-sharing plans | 15 | $6.19M | 5.3% | $412K |
| Charitable organizations | 1 | $396K | 0.3% | $396K |
| Corporations and other businesses | 6 | $479K | 0.4% | $79.8K |
| Total | 305 | $116M | 100% | $382K |
- Clients
- 218
- Regulatory AUM
- $42M
- AUM share
- 36.1%
- Avg. per client
- $193K
- Clients
- 65
- Regulatory AUM
- $67.3M
- AUM share
- 57.8%
- Avg. per client
- $1.04M
- Clients
- 15
- Regulatory AUM
- $6.19M
- AUM share
- 5.3%
- Avg. per client
- $412K
- Clients
- 1
- Regulatory AUM
- $396K
- AUM share
- 0.3%
- Avg. per client
- $396K
- Clients
- 6
- Regulatory AUM
- $479K
- AUM share
- 0.4%
- Avg. per client
- $79.8K
Total
- Clients
- 305
- Regulatory AUM
- $116M
- AUM share
- 100%
- Avg. per client
- $382K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 22
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Heckman Financial & Insurance Services charges 1.50% a year for its Asset Management. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- One-Time Financial Planning and Consulting
- One-time financial planning is billed at an hourly fee of $500 per hour; a plan fee estimate is given before the work starts, and up to 50% may be billed in advance.
- Ongoing Financial Planning
- Ongoing financial planning is an annual fixed fee between $900 and $12,000 based on complexity, billed in equal monthly or quarterly installments.
Eric Heckman owns 75% or more of Heckman Financial & Insurance Services. The leadership team of Heckman Financial & Insurance Services includes President Eric Heckman. It has 5 employees.
Leadership
Eric HeckmanPresident/Chief Compliance Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 insurance agents
- Owns 75% or more of Heckman Financial & Insurance Services, Inc.
Eric Heckman
Control person · since September 1992
Heckman Financial & Insurance Services’ regulatory assets went from $114M (May 2025) to $116M (May 2026); clients were 305 in both filings and employees rose from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $116M | 305 | 5 | 3 |
| May 2025 | $114M | 309 | 4 | 3 |
Besides its headquarters, Heckman Financial & Insurance Services has 2 offices, with 3 listed addresses in California.
California · 3 listed addresses
- 333 W Santa Clara St, Suite 604, San JoseHQ
- 1299 Fourth Street, San Rafael
- 10080 N Wolfe RD, Cupertino
Other business names
Heckman Financial & Insurance Services has reported 1 other business name to the SEC.
- Gainer Financial & Insurance Services, Inc.
Contact and registration details
- Legal name
- Heckman Financial & Insurance Services, Inc.
- Headquarters
- 333 W Santa Clara St, Suite 604, San Jose, CA 95113-1125
- Website
- wealthcreator.com
- Phone
- 408-297-9800
- SEC file
- 801-132732
- Structure
- California corporation
- Fiscal year end
- December
Heckman Financial & Insurance Services uses Fidelity ($96.5M, 93%) and Charles Schwab ($7.82M, 7%) as custodians for its separately managed accounts. Heckman Financial & Insurance Services does not have custody of client assets.
- FidelityFidelity Investments · Cincinnatti, OH · $96.5M93%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $7.82M7%
At year end, Heckman Financial & Insurance Services’ separately managed accounts were mostly in funds (73%) and stocks (23%).
What the accounts hold
- Stocks23%
- Funds73%
- Registered funds72%
- Pooled vehicles1%
- Bonds1%
- Cash3%
How many clients does Heckman Financial & Insurance Services have?
Heckman Financial & Insurance Services has 305 clients and manages $116 million for them, as of May 2026. They include 218 individual clients, 65 high-net-worth individuals, and 15 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 May 2026
What services does Heckman Financial & Insurance Services offer?
Heckman Financial & Insurance Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Heckman Financial & Insurance Services charge?
Heckman Financial & Insurance Services charges 1.50% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Which custodians does Heckman Financial & Insurance Services use?
Heckman Financial & Insurance Services’ separately managed account assets are held at Fidelity Investments (Cincinnatti, OH), with $96.5M and Charles Schwab & Co., Inc. (Westlake, TX), with $7.82M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 May 2026
How many financial advisors does Heckman Financial & Insurance Services have?
Heckman Financial & Insurance Services has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Heckman Financial & Insurance Services invest in?
At the end of its last fiscal year, Heckman Financial & Insurance Services’ separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 23% exchange-traded equities, 3% cash and equivalents, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Heckman Financial & Insurance Services?
Heckman Financial & Insurance Services’ direct owner is Eric Heckman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 May 2026
How does Heckman Financial & Insurance Services get paid?
Heckman Financial & Insurance Services is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Heckman Financial & Insurance Services?
Heckman Financial & Insurance Services’ main office is at 333 W Santa Clara St, Suite 604, San Jose, CA 95113-1125. Its phone number is 408-297-9800. Its website is wealthcreator.com.