Heritage Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year. The firm advises 9 private funds.
Heritage Wealth Advisors reports 451 clients. They include 254 high-net-worth individuals, 130 individual clients, and 41 corporations and other businesses. Of its assets, 96.9% ($4.71B across 1,584 accounts) are managed with discretion; $153M across 32 accounts are not. It advised 10 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 29% | <1% |
| High-net-worth individuals | 56% | 54% |
| Pooled investment vehicles | 2% | 5% |
| Charitable organizations | 4% | 34% |
| Corporations and other businesses | 9% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 130 | $44.1M | 0.9% | $339K |
| High-net-worth individuals | 254 | $2.61B | 53.7% | $10.3M |
| Pooled investment vehicles | 7 | $255M | 5.3% | $36.5M |
| Charitable organizations | 19 | $1.63B | 33.6% | $85.8M |
| Corporations and other businesses | 41 | $320M | 6.6% | $7.81M |
| Total | 451 | $4.86B | 100% | $10.8M |
- Clients
- 130
- Regulatory AUM
- $44.1M
- AUM share
- 0.9%
- Avg. per client
- $339K
- Clients
- 254
- Regulatory AUM
- $2.61B
- AUM share
- 53.7%
- Avg. per client
- $10.3M
- Clients
- 7
- Regulatory AUM
- $255M
- AUM share
- 5.3%
- Avg. per client
- $36.5M
- Clients
- 19
- Regulatory AUM
- $1.63B
- AUM share
- 33.6%
- Avg. per client
- $85.8M
- Clients
- 41
- Regulatory AUM
- $320M
- AUM share
- 6.6%
- Avg. per client
- $7.81M
Total
- Clients
- 451
- Regulatory AUM
- $4.86B
- AUM share
- 100%
- Avg. per client
- $10.8M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 10
- Private funds advised
- 9
- Financial planning clients last fiscal year
- 251–500
Heritage Wealth Advisors charges 0.50%–1.00% a year for its Investment Advisory Service. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.80% |
| $5M–$20M | 0.60% |
| $20M and above | 0.50% |
Fee details and sources
Other fees
- Consulting Services
- Consulting Services are compensated by fixed fees negotiated with the client by level and scope of services, generally paid quarterly in advance.
Remo Heritage Venture, LLC owns 25% to 50% of Heritage Wealth Advisors and is in turn owned by James Remo (50–75%). Delores Remo is CEO; the leadership team includes Chief Investment Officer John Jordan and Chief Financial Officer Charles Hill. It has 36 employees, 18 of them in advisory roles.
Leadership
- Delores RemoChief Executive Officer and Managing Director
- Charles HillChief Financial Officer and Senior Wealth Advisor
- John JordanChief Investment Officer, Chief Compliance Officer and Managing Director
- Caroline BaronianManaging Director of Investments
- Marshall ChambersDirector of Client Strategy and Development
- Steven HendersonManaging Director of Private Investments and Foundation Strategies
- Meagan RobertsManaging Director of Financial Planning and Tax
- Sarah SimmerManaging Director of Client Experience
Investment adviser representatives
15 representatives listed in the SEC register as of 9 October 2026.
- Jason Ryan Barbera
- Caroline Elizabeth Baronian
- Marshall Ogden Chambers
- Wesley Clark Cullinane
- Steven Coles Henderson
- Charles Thomas Hill JR
- John Gwyn Jordan III
- Zuzanna Kaczmarek
- Kaitlyn Jo Kocuba
- Delores Ann Remo
- Meagan Elizabeth Roberts
- Daniel Albert Rowe
- Sarah Christine Simmer
- Mikai Evan Thomas
- Aaron Marten Zitalone
Staff
- 36 employees
- 18 in advisory functions
- 15 state-registered reps
- Owns 25% to 50% of Heritage Wealth Advisors, LLC
Remo Heritage Venture, LLC
Control person · since August 2022
- Owns 50% to 75% of Remo Heritage Venture, LLC
James Remo
Control person · since July 2021
- Owns 10% to 25% of Heritage Wealth Advisors, LLC
Delores Remo
Control person · since September 2005
- Owns 10% to 25% of Heritage Wealth Advisors, LLC
Charles Hill
Control person · since January 2006
- Owns 10% to 25% of Heritage Wealth Advisors, LLC
John Jordan
Control person · since October 2012
- Owns 5% to 10% of Heritage Wealth Advisors, LLC
Marshall Chambers
Control person · since January 2011
- Owns 5% to 10% of Heritage Wealth Advisors, LLC
Caroline Baronian
Control person · since January 2025
- Owns 5% to 10% of Heritage Wealth Advisors, LLC
Sarah Simmer
Control person · since January 2022
Heritage Wealth Advisors’ regulatory assets grew 1.8× from $2.67B (February 2021) to $4.86B (July 2026); clients rose from 353 to 451 and employees from 24 to 36. In 2023, Mangham Associates ($840M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $4.86B | 451 | 36 | 4 |
| July 2025 | $4.57B | 424 | 36 | 4 |
| April 2024 | $4B | 411 | 35 | 3 |
| April 2023 | $3.08B | 356 | 30 | 2 |
| March 2022 | $3.33B | 367 | 26 | 2 |
| February 2021 | $2.67B | 353 | 24 | 2 |
Firms that joined
20231 joined
- Mangham AssociatesLast filed AUM $840M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Heritage Wealth Advisors has 3 offices (1 private residence, listed without an address), with 3 listed addresses in Pennsylvania and Virginia.
Virginia · 2 listed addresses
- 919 East Main Street, Suite 950, RichmondHQ
- The Code Building, Charlottesville
Pennsylvania · 1 listed address
- 2563 Brandt School RD, Wexford
Contact and registration details
- Legal name
- Heritage Wealth Advisors, LLC
- Headquarters
- 919 East Main Street, Suite 950, Richmond, VA 23219
- Website
- heritagewealth.net
- Phone
- 804-643-4080
- @heritage-wealth-advisors
- SEC file
- 801-64803
- Structure
- Virginia LLC
- Fiscal year end
- December
Heritage Wealth Advisors uses Fidelity ($3.51B, 78%) and Charles Schwab ($963M, 22%) as custodians for its separately managed accounts. Heritage Wealth Advisors has custody of $2.03B in client assets for 292 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $963M22%
- FidelityNational Financial Services LLC · Boston, MA · $3.51B78%
At year end, Heritage Wealth Advisors’ separately managed accounts were largely in funds (43%) and stocks (34%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.91B across 703 positions; the largest are iShares S&P 500 Index (19.3%), Invesco S&P 500 Quality ETF (15.4%) and iShares Core MSCI Eafe (11.7%).
What the accounts hold
- Stocks34%
- Funds43%
- Registered funds33%
- Pooled vehicles10%
- Bonds20%
- U.S. government and agency bonds12%
- State and local bonds4%
- Investment grade corporate bonds4%
- Cash4%
Reported 13F holdings
- $2.91B
- Reported 13F value
- 703
- Positions
- 67.2%
- In the 10 largest
- +13.8%
- Value vs. prior quarter
- iShares S&P 500 IndexETF19.3%
- Invesco S&P 500 Quality ETFETF15.4%
- iShares Core MSCI EafeETF11.7%
- Sprott Physical Gold Trust Unit · UT4.9%
- iShares Core MSCI Emerging Markets ETFETF3.3%
- iShares Russell Midcap ValueETF3.0%
- Alphabet Inc.. Class C · Cap Stk CL C2.8%
- Apple Inc..2.4%
- Microsoft Corp.2.2%
- Johnson & Johnson2.1%
Together, the ten largest are 67.2% of reported value.
How many clients does Heritage Wealth Advisors have?
Heritage Wealth Advisors has 451 clients and manages $4.86 billion for them, as of July 2026. They include 254 high-net-worth individuals, 130 individual clients, and 41 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Heritage Wealth Advisors offer?
Heritage Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Heritage Wealth Advisors charge?
Heritage Wealth Advisors charges 0.50%–1.00% a year for its Investment Advisory Service. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: HERITAGE WEALTH ADVISORS ADV PART 2A, filed 1 May 2026
Which custodians does Heritage Wealth Advisors use?
Heritage Wealth Advisors’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $3.51B and Charles Schwab & Co., Inc. (Westlake, TX), with $963M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 July 2026
How many financial advisors does Heritage Wealth Advisors have?
Heritage Wealth Advisors has 15 investment adviser representatives registered with state securities authorities, out of 36 employees, and 18 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Heritage Wealth Advisors invest in?
At the end of its last fiscal year, Heritage Wealth Advisors’ separately managed accounts held 34% exchange-traded equities, 33% registered funds (mutual funds, ETFs, BDCs), 12% U.S. government and agency bonds, 10% pooled vehicles (private funds and similar), 4% state and local bonds, 4% investment grade corporate bonds and 4% cash and equivalents. It advises 9 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Heritage Wealth Advisors?
Heritage Wealth Advisors is owned through a holding company by James Remo. Its direct owners are Delores Remo, Charles Hill, Marshall Chambers, John Jordan, Caroline Baronian, Sarah Simmer and Remo Heritage Venture, LLC, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Heritage Wealth Advisors get paid?
Heritage Wealth Advisors is paid through a percentage of assets under management 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
Is Heritage Wealth Advisors registered with the SEC?
Yes, Heritage Wealth Advisors has been registered with the SEC as an investment adviser since 27 October 2005. Its CRD number is 137484 and its SEC file number is 801-64803.
Source: Form ADV Part 1A, Item 1, filed 30 July 2026; IAPD firm record
How do I contact Heritage Wealth Advisors?
Heritage Wealth Advisors’ main office is at 919 East Main Street, Suite 950, Richmond, VA 23219. Its phone number is 804-643-4080. Its website is heritagewealth.net.