Heritage Wealth Advisors

What Heritage Wealth Advisors does

Heritage Wealth Advisors is an independent, SEC-registered multi-family office founded in 2005 in Richmond, Virginia by Dee Ann Remo. The firm delivers integrated wealth management to high-net-worth families, business owners and executives, and institutions across six service pillars: Family Office Services, Financial Planning, Investment Management, Tax Planning, Philanthropy Services, and Institutional Services. Its revenue model is AUM-based recurring advisory fees, with pricing disclosed in Form ADV Part 2A and negotiated per client rather than published.

The technology stack is third-party rather than proprietary: client financial planning runs through eMoney, custody and account access are integrated with Charles Schwab and Fidelity, and the advisor portal runs on Tamarac. Heritage does not develop its own platforms, and no AI or ML capabilities are disclosed. Distribution is direct and advisor-led through high-touch consultative engagement across offices in Richmond, Charlottesville, and Wexford (Pittsburgh-area), with a Pittsburgh office relocation completed in January 2025.

Following the September 2023 acquisition of Mangham Associates (~$800M AUM, Charlottesville), the October 2025 merger with AGP Wealth Advisors, and the December 2025 acquisition of Alliance Global Partners Wealth Management, the combined entity manages over $8 billion for clients nationwide through 35 advisors, 86 staff, and 21 offices. Heritage remains founder-controlled and privately held, with no disclosed institutional or external capital.

Name

Heritage Wealth Advisors

Legal name

Heritage Wealth Advisors

Website

https://heritagewealth.net

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Heritage Wealth Advisors is an SEC-registered multi-family office founded in 2005 in Richmond, VA, delivering integrated investment, tax, estate, and philanthropy advisory services to high-net-worth families, executives, and institutions, managing over $8B AUM post-merger.

Ownership category

akta.pro rank

Product category

Multi-Family Office Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Trust, Fiduciary, and Custody Activities (523991)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

akta.pro secondary industries

Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Estate Planning, Trust Structuring & Governance (FSAAADAF), Philanthropy, Foundations & Grantmaking Advisory (FSAAADAG), Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)

Keywords

• Wealth management services
• Multi-family office
• Investment advisory
• Financial planning services
• Philanthropy advisory

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Investment Advisory Services: Heritage Wealth Advisors generates revenue through investment advisory fees, typically calculated as a percentage of assets under management (AUM). As an SEC-registered RIA, the firm charges advisory fees for comprehensive wealth management services including investment management, financial planning, tax planning, estate planning, and philanthropy advisory.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Heritage Wealth Advisors is a multi-family office offering integrated wealth management across six service pillars: Family Office Services, Financial Planning, Investment Management, Tax Planning & Preparation, Philanthropy, and Institutional Services. As an SEC-registered investment advisor, the firm delivers fiduciary-focused, coordinated advice to high-net-worth families, business owners, executives, and institutions, with advisory fees structured as a percentage of assets under management.

Product overview

Heritage Wealth Advisors is a multi-family office wealth management firm offering an integrated suite of services including Family Office Services, Financial Planning, Investment Management, Tax Planning, Philanthropy Services, and Institutional Services. The firm manages nearly $4.5 billion in assets under advisement and serves clients nationwide from offices in Virginia and Pennsylvania. The core offering centers on coordinating investments, tax, estate planning, private markets, and philanthropy through a unified strategy under one trusted partner.

Differentiator

Problem solved

Functional benefit

Products and services

• Family Office Services Comprehensive multi-family office services providing oversight, support, and direction of a client's professional team to deliver high-level performance, service, and attention to detail for wealthy families requiring multigenerational stewardship.
• Financial Planning White-glove personalized financial planning covering budgeting, retirement planning, education funding, and comprehensive financial strategies for individuals and families.
• Investment Management Portfolio diversification and maintenance with a long-term strategic view, including U.S. large-cap equity management and S&P 500 Quality ETF strategies, alongside broader public and private market investments.
• Tax Planning & Preparation Tax planning and preparation services helping clients navigate and mitigate the impact of taxation, including retirement plan strategies, Qualified Charitable Distribution (QCD) planning, and ongoing tax law updates.
• Philanthropy Services Charitable giving strategies and philanthropy planning helping clients align wealth with purpose, including donor-advised funds, charitable trusts, and foundation management.
• Institutional Services Strategic investment management for institutions, foundations, and endowments, supporting mission-aligned investing, governance, and lasting legacy, with capabilities strengthened by the Mangham Associates acquisition.

Quantifiable outcome

• Nearly $4.5 billion in assets under advisement as of 2025
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

One partnership is on record.

• AGP Wealth AdvisorscoreStrategic or Co-development Partner · 1 October 2025Heritage Wealth Advisors completed a merger with AGP Wealth Advisors in October 2025, facilitated by Succession Resource Group (SRG). The merger combined two large West Coast firms managing over $8 billion for clients nationwide, expanding Heritage's footprint with 35 advisors, 86 staff, and 21 offices nationwide.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Moneta Group: Independent multi-family office and RIA of similar scale providing integrated investment, tax, estate, and financial planning to HNW families — closely comparable in service pillars and client profile.
• Mercer Advisors: National RIA delivering wealth management, tax, estate, and family office services with active M&A strategy across geographies — closely comparable integrated multi-family office positioning.
• Edelman Financial Services: National RIA offering financial planning, investment management, and wealth advisory to HNW households — comparable integrated service delivery to HNW clients.
• Pathstone: Independent multi-family office providing integrated investment, trust, and family office services to UHNW families — directly comparable multi-family office positioning and service breadth.
• Captrust: Large independent RIA serving HNW families, foundations, endowments, and institutions with investment advisory, financial planning, and institutional investment consulting — comparable institutional and family client mix.
• Carson Group: Wealth management firm with an active RIA roll-up strategy, serving HNW clients and advisors nationwide — directly comparable M&A-driven growth playbook to Heritage.
• Mariner Wealth Advisors: Multi-family office and RIA serving HNW families, business owners, and institutions with integrated wealth planning, tax, and investment services — directly comparable business model and client segments to Heritage.
• Beacon Pointe Advisors: Multi-family office and RIA serving HNW families and institutions through integrated wealth advisory, investment management, and family office services — comparable client-centric model.
• Creative Planning: Large national RIA offering comprehensive wealth management, tax, estate, and investment services across multiple geographies with active M&A history — closely aligned multi-pillar RIA model.

Broad incumbents

• Focus Financial Partners: Leading partnership of independent RIAs and wealth management firms; broader scale and publicly disclosed financial profile provide a public-market benchmark for Heritage's RIA roll-up strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@heritagewealthadvisors8256
• LinkedInlinkedin.com/company/heritage-wealth-advisors

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Heritage Wealth Advisors