Heritage Wealth Management Group provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 101–250 clients last fiscal year.
Heritage Wealth Management Group reports 180 clients. They include 137 individual clients, 40 high-net-worth individuals and 2 charitable organizations. Of its assets, 100.0% ($152M across 460 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 30% |
| High-net-worth individuals | 22% | 69% |
| Charitable organizations | 1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 137 | $46.3M | 30.4% | $338K |
| High-net-worth individuals | 40 | $105M | 69.0% | $2.63M |
| Charitable organizations | Fewer than 5 | $347K | 0.2% | $173K |
| Corporations and other businesses | Fewer than 5 | $546K | 0.4% | $546K |
| Total | 180 | $152M | 100% | — |
- Clients
- 137
- Regulatory AUM
- $46.3M
- AUM share
- 30.4%
- Avg. per client
- $338K
- Clients
- 40
- Regulatory AUM
- $105M
- AUM share
- 69.0%
- Avg. per client
- $2.63M
- Clients
- Fewer than 5
- Regulatory AUM
- $347K
- AUM share
- 0.2%
- Avg. per client
- $173K
- Clients
- Fewer than 5
- Regulatory AUM
- $546K
- AUM share
- 0.4%
- Avg. per client
- $546K
Total
- Clients
- 180
- Regulatory AUM
- $152M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Heritage Wealth Management Group charges 0.60%–1.10% a year for its Investment Management and Comprehensive Financial Planning. 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–$1M | 1.10% |
| $1M–$2M | 1.00% |
| $2M–$3M | 0.90% |
| $3M–$4M | 0.80% |
| $4M–$5M | 0.70% |
| $5M and above | 0.60% |
Fee details and sources
Other fees
- Stand-alone Financial Planning
- Stand-alone financial planning is a flat fee of $1,000 to $12,500, or hourly at up to $500 per hour.
Zachary Tekamp owns 75% or more of Heritage Wealth Management Group. The leadership team of Heritage Wealth Management Group includes President Zachary Tekamp. It has 5 employees, 3 of them in advisory roles.
Staff
- 5 employees
- 3 in advisory functions
- 3 state-registered reps
- 2 insurance agents
- Owns 75% or more of Heritage Wealth Management Group, LTD
Zachary Tekamp
Control person · since November 2025
Heritage Wealth Management Group’s regulatory assets grew from $137M (July 2021) to $152M (March 2026); clients fell from 191 to 180 and employees from 8 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $152M | 180 | 5 | 2 |
| Jun 2025June 2025 | $124M | 174 | 6 | 2 |
| Jul 2024July 2024 | $157M | 201 | 5 | 2 |
| Aug 2023August 2023 | $134M | 227 | 7 | 5 |
| Jul 2022July 2022 | $160M | 216 | 9 | 4 |
| Jul 2021July 2021 | $137M | 191 | 8 | 3 |
Besides its headquarters, Heritage Wealth Management Group has 1 office, with 2 listed addresses in 1 state.
Virginia · 2 listed addresses
- 733 Boush Street, Suite 100, NorfolkHQ
- 422 S Saint Asaph St., Alexandria
Contact and registration details
- Legal name
- Heritage Wealth Management Group, LTD
- Headquarters
- 733 Boush Street, Suite 100, Norfolk, VA 23510-1591
- Website
- hwmgroup.com
- Phone
- 757-321-3725
- SEC file
- 801-120938
- Structure
- Virginia corporation
- Fiscal year end
- December
Heritage Wealth Management Group’s named custodian for separately managed accounts is Altruist ($152M). Heritage Wealth Management Group does not have custody of client assets.
- AltruistAltruist Financial LLC · Dallas, TX · $152M100%
At year end, Heritage Wealth Management Group’s separately managed accounts were mostly in funds (52%) and stocks (14%).
What the accounts hold
- Stocks14%
- Funds52%
- Bonds4%
- State and local bonds3%
- Investment grade corporate bonds1%
- Cash5%
- Other25%
- Derivatives25%
How many clients does Heritage Wealth Management Group have?
Heritage Wealth Management Group has 180 clients and manages $152 million for them, as of March 2026. They include 137 individual clients, 40 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 March 2026
What services does Heritage Wealth Management Group offer?
Heritage Wealth Management Group provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Heritage Wealth Management Group charge?
Heritage Wealth Management Group charges 0.60%–1.10% a year for its Investment Management and Comprehensive Financial Planning. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: HWMGROUP FORM ADV PART IIA BROCHURE, filed 10 March 2026
Which custodians does Heritage Wealth Management Group use?
Heritage Wealth Management Group’s separately managed account assets are held at Altruist Financial LLC (Dallas, TX), with $152M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 March 2026
How many financial advisors does Heritage Wealth Management Group have?
Heritage Wealth Management Group has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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 Heritage Wealth Management Group invest in?
At the end of its last fiscal year, Heritage Wealth Management Group’s separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 25% derivatives, 14% exchange-traded equities, 5% cash and equivalents, 3% state and local bonds and 1% investment grade corporate bonds.
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 Management Group?
Heritage Wealth Management Group’s direct owner is Zachary Tekamp (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 March 2026
How does Heritage Wealth Management Group get paid?
Heritage Wealth Management Group 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
How do I contact Heritage Wealth Management Group?
Heritage Wealth Management Group’s main office is at 733 Boush Street, Suite 100, Norfolk, VA 23510-1591. Its phone number is 757-321-3725. Its website is hwmgroup.com.
