HERITAGE INVESTORS MANAGEMENT CORP
Adviser information for HERITAGE INVESTORS MANAGEMENT CORP last updated from Form ADV on March 25th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | District of Columbia, United States |
Employees
| Total Number of Employees | 20 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 8 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,390 | $3.7B |
| Non-Discretionary | 1 | $12.0M |
| Total | 1,391 | $3.7B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 118 | $73.5M |
| HNW Individuals | 566 | $3.1B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 13 | $98.5M |
| Charitable organizations | 31 | $265.1M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 33 | $176.4M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Principal Office
7101 WISCONSIN AVENUESUITE 950
BETHESDA
MD
United States
Monday - Friday, 9 A.M. TO 5 P.M.
Tel: 301-951-0440, Fax: 301-951-4954
Chief Compliance Officer
CHRISTOPHER G. HILL
CCO
7101 WISCONSIN AVENUE
SUITE 950
BETHESDA
MD
United States
Tel:
301-951-0440
Fax:
301-951-4954
C****@********************M
(Full email address available in API data)
Regulatory Contact
MICHAEL S. CORNFELD
PRESIDENT
7101 WISCONSIN AVENUE, SUITE 950
BETHESDA
MD
United States
Tel:
301-951-0440
Fax:
301-951-4954
M********@********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CORNFELD, MICHAEL, STEWART | Individual | – | PRESIDENT | 09/1985 | > 75% |
| STONE, DEREK, ROBERT | Individual | – | SENIOR VICE PRESIDENT | 03/2021 | < 5% |
| LONG, KENNETH, JAMES | Individual | – | EXECUTIVE VICE PRESIDENT | 03/2021 | < 5% |
| SCHENKER, ANDREW, MARC | Individual | – | CHIEF INVESTMENT OFFICER | 03/2021 | < 5% |
| SARAH LYNN CORNFELD 2012 TRUST | Domestic Entity | – | SHAREHOLDER | 03/2018 | 5-10% |
| JENNIFER SCHENKER 2012 TRUST | Domestic Entity | – | SHAREHOLDER | 03/2018 | 5-10% |
| MELISSA LYNN CORNFELD 2012 TRUST | Domestic Entity | – | SHAREHOLDER | 03/2018 | 5-10% |
| CORNFELD FAMILY 2012 TRUST | Domestic Entity | – | SHAREHOLDER | 03/2018 | 5-10% |
| Cornfeld, Janet, Lynn | Individual | – | TRUSTEE OF CORNFELD FAMILY 2012 TRUST | 12/2012 | < 5% |
| CORNFELD, MICHAEL, STEWART | Individual | – | TRUSTEE OF SARAH CORNFELD 2012 TRUST, JENNIFER SCHENKER 2012 TRUST, MELISSA LYNN CORNFELD 2012 TRUST | 12/2012 | < 5% |
| HILL, CHRISTOPHER, GEDDY | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2022 | < 5% |
| ROSEN, BETH, MARCI | Individual | – | CHIEF OPERATING OFFICER | 02/2024 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 30th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| AT&T INC | COM | 13K | 701K | – |
| ABBOTT LABS | COM | 5K | 44K | – |
| ABBVIE INC | COM | 12K | 72K | – |
| ADOBE INC | COM | 23K | 42K | – |
| AEHR TEST SYS | COM | 541 | 48K | – |
| ADVANCED MICRO DEVICES INC | COM | 375 | 2K | – |
| AIR PRODS & CHEMS INC | COM | 17K | 65K | – |
| ALIGN TECHNOLOGY INC | COM | 3K | 14K | – |
| ALLBIRDS INC | COM CL A | 8 | 16K | – |
| ALPHABET INC | CAP STK CL C | 74K | 405K | – |
| ALPHABET INC | CAP STK CL A | 76K | 418K | – |
| ALTRIA GROUP INC | COM | 3K | 72K | – |
| AMAZON COM INC | COM | 63K | 325K | – |
| AMERICA MOVIL SAB DE CV | SPON ADS RP CL B | 1K | 68K | – |
| AMERICAN EXPRESS CO | COM | 40K | 174K | – |
| AMERICAN TOWER CORP NEW | COM | 20K | 102K | – |
| AMGEN INC | COM | 20K | 62K | – |
| ANALOG DEVICES INC | COM | 1K | 6K | – |
| APPLE INC | COM | 157K | 745K | – |
| ARCHER DANIELS MIDLAND CO | COM | 10K | 161K | – |
| ARCOSA INC | COM | 508 | 6K | – |
| ASURE SOFTWARE INC | COM | 172 | 20K | – |
| AUTOMATIC DATA PROCESSING IN | COM | 19K | 79K | – |
| AVIAT NETWORKS INC | COM NEW | 550 | 19K | – |
| AXON ENTERPRISE INC | COM | 2K | 8K | – |
| BALCHEM CORP | COM | 254 | 2K | – |
| BANK AMERICA CORP | COM | 30K | 754K | – |
| BAXTER INTL INC | COM | 1K | 33K | – |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 8K | 19K | – |
| BIOMERICA INC | COM NEW | 15 | 35K | – |
| BLACKROCK INC | COM | 31K | 39K | – |
| BLACKSTONE INC | COM | 1K | 11K | – |
| BOEING CO | COM | 20K | 110K | – |
| BOSTON SCIENTIFIC CORP | COM | 16K | 205K | – |
| BRISTOL-MYERS SQUIBB CO | COM | 7K | 164K | – |
| BROADSTONE NET LEASE INC | COM | 198 | 13K | – |
| BROADCOM INC | COM | 98K | 61K | – |
| BROOKFIELD CORP | CL A LTD VT SH | 875 | 21K | – |
| BROWN FORMAN CORP | CL B | 1K | 32K | – |
| BURLINGTON STORES INC | COM | 11K | 47K | – |
| THE CIGNA GROUP | COM | 4K | 13K | – |
| CME GROUP INC | COM | 216 | 1K | – |
| CSX CORP | COM | 18K | 531K | – |
| CVS HEALTH CORP | COM | 2K | 32K | – |
| CAPITAL ONE FINL CORP | COM | 20K | 146K | – |
| CARRIER GLOBAL CORPORATION | COM | 3K | 48K | – |
| CATERPILLAR INC | COM | 45K | 136K | – |
| CHART INDS INC | COM | 528 | 4K | – |
| CHEMOURS CO | COM | 2K | 104K | – |
| CHEVRON CORP NEW | COM | 25K | 158K | – |
| CHIPOTLE MEXICAN GRILL INC | COM | 23K | 371K | – |
| CISCO SYS INC | COM | 33K | 688K | – |
| CITIGROUP INC | COM NEW | 22K | 345K | – |
| CLEVELAND-CLIFFS INC NEW | COM | 451 | 29K | – |
| COCA COLA CO | COM | 17K | 272K | – |
| COHERENT CORP | COM | 483 | 7K | – |
| COMCAST CORP NEW | CL A | 15K | 390K | – |
| CONOCOPHILLIPS | COM | 22K | 193K | – |
| CONSTELLATION BRANDS INC | CL A | 30K | 117K | – |
| CORNING INC | COM | 449 | 12K | – |
| QUIDELORTHO CORP | COM | 268 | 8K | – |
| CORTEVA INC | COM | 4K | 79K | – |
| COSTCO WHSL CORP NEW | COM | 20K | 23K | – |
| CROWDSTRIKE HLDGS INC | CL A | 253 | 659 | – |
| D R HORTON INC | COM | 634 | 5K | – |
| DXC TECHNOLOGY CO | COM | 1K | 68K | – |
| DANAHER CORPORATION | COM | 1K | 5K | – |
| DATA STORAGE CORP | COM NEW | 230 | 35K | – |
| DIGITAL RLTY TR INC | COM | 700 | 5K | – |
| DISNEY WALT CO | COM | 39K | 390K | – |
| DISCOVER FINL SVCS | COM | 3K | 25K | – |
| DOMINION ENERGY INC | COM | 538 | 11K | – |
| DOW INC | COM | 3K | 50K | – |
| DUKE ENERGY CORP NEW | COM NEW | 1K | 11K | – |
| DUPONT DE NEMOURS INC | COM | 13K | 159K | – |
| EOG RES INC | COM | 6K | 45K | – |
| EAGLE BANCORP INC MD | COM | 534 | 28K | – |
| EVI INDS INC | COM | 522 | 28K | – |
| ELANCO ANIMAL HEALTH INC | COM | 2K | 162K | – |
| EMCOR GROUP INC | COM | 3K | 8K | – |
| ENTERPRISE PRODS PARTNERS L | COM | 729 | 25K | – |
| EQUINIX INC | COM | 21K | 28K | – |
| EXACT SCIENCES CORP | COM | 4K | 96K | – |
| EXXON MOBIL CORP | COM | 11K | 96K | – |
| META PLATFORMS INC | CL A | 16K | 31K | – |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 205 | 2K | – |
| FEDEX CORP | COM | 28K | 94K | – |
| FORD MTR CO DEL | COM | 564 | 45K | – |
| FREEPORT-MCMORAN INC | CL B | 496 | 10K | – |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 629 | 8K | – |
| GE VERNOVA LLC | COM | 958 | 6K | – |
| GENERAL ELECTRIC CO | COM NEW | 4K | 23K | – |
| GENERAL MTRS CO | COM | 2K | 45K | – |
| GERDAU SA | SPON ADR REP PFD | 109 | 33K | – |
| GLOBAL X FDS | ARTIFICIAL ETF | 336 | 9K | – |
| GOLDMAN SACHS GROUP INC | COM | 30K | 66K | – |
| GRAHAM CORP | COM | 1K | 38K | – |
| GRAYSCALE BITCOIN TR BTC | SHS REP COM UT | 466 | 9K | – |
| HF SINCLAIR CORP | COM | 230 | 4K | – |
| HALLIBURTON CO | COM | 3K | 85K | – |
| HARMONIC INC | COM | 139 | 12K | – |
| HARTFORD FINL SVCS GROUP INC | COM | 302 | 3K | – |
| HERSHEY CO | COM | 5K | 26K | – |
| HOME DEPOT INC | COM | 44K | 129K | – |
| HONDA MOTOR LTD | ADR ECH CNV IN 3 | 727 | 23K | – |
| HONEYWELL INTL INC | COM | 13K | 63K | – |
| HOWMET AEROSPACE INC | COM | 3K | 36K | – |
| HUDSON TECHNOLOGIES INC | COM | 113 | 13K | – |
| IAC INC | COM NEW | 5K | 103K | – |
| INSPERITY INC | COM | 247 | 3K | – |
| INTEL CORP | COM | 16K | 509K | – |
| INTERNATIONAL BUSINESS MACHS | COM | 9K | 54K | – |
| INVESCO QQQ TR | UNIT SER 1 | 3K | 6K | – |
| INTUIT | COM | 1K | 2K | – |
| IQVIA HLDGS INC | COM | 16K | 78K | – |
| ISHARES INC | MSCI EMERG MRKT | 223 | 4K | – |
| ISHARES TR | MSCI EMG MKT ETF | 2K | 39K | – |
| ISHARES TR | MSCI EAFE ETF | 10K | 126K | – |
| ISHARES TR | RUS MID CAP ETF | 1K | 18K | – |
| ISHARES TR | CORE S&P MCP ETF | 4K | 71K | – |
| ISHARES TR | S&P MC 400GR ETF | 256 | 3K | – |
| ISHARES TR | RUS 1000 GRW ETF | 625 | 2K | – |
| ISHARES TR | RUSSELL 2000 ETF | 4K | 18K | – |
| ISHARES TR | S&P MC 400VL ETF | 270 | 2K | – |
| ISHARES TR | CORE S&P SCP ETF | 4K | 37K | – |
| ISHARES TR | SP SMCP600VL ETF | 219 | 2K | – |
| ISHARES TR | S&P SML 600 GWT | 205 | 2K | – |
| ISHARES TR | SHRT NAT MUN ETF | 314 | 3K | – |
| ISHARES TR | GL CLEAN ENE ETF | 254 | 19K | – |
| ISHARES TR | CORE MSCI EAFE | 11K | 157K | – |
| ISHARES INC | CORE MSCI EMKT | 6K | 112K | – |
| ITRON INC | COM | 219 | 2K | – |
| JBG SMITH PPTYS | COM | 183 | 12K | – |
| JPMORGAN CHASE & CO | COM | 45K | 220K | – |
| JOHNSON & JOHNSON | COM | 25K | 172K | – |
| KIMBERLY-CLARK CORP | COM | 319 | 2K | – |
| L3HARRIS TECHNOLOGIES INC | COM | 7K | 31K | – |
| LEIDOS HOLDINGS INC | COM | 14K | 99K | – |
| ELI LILLY & CO | COM | 916 | 1K | – |
| LOCKHEED MARTIN CORP | COM | 12K | 25K | – |
| MARATHON OIL CORP | COM | 208 | 7K | – |
| MARATHON PETE CORP | COM | 553 | 3K | – |
| MARRIOTT INTL INC NEW | CL A | 57K | 235K | – |
| MARTIN MARIETTA MATLS INC | COM | 34K | 63K | – |
| MASTERCARD INCORPORATED | CL A | 61K | 139K | – |
| MATCH GROUP INC NEW | COM | 1K | 34K | – |
| MATERION CORP | COM | 619 | 6K | – |
| MCDONALDS CORP | COM | 27K | 107K | – |
| MCKESSON CORP | COM | 12K | 21K | – |
| MERCK & CO INC | COM | 34K | 271K | – |
| MICROSOFT CORP | COM | 136K | 303K | – |
| MICROSTRATEGY INC | CL A NEW | 3K | 2K | – |
| MODERNA INC | COM | 382 | 3K | – |
| MONDELEZ INTL INC | CL A | 9K | 140K | – |
| MORGAN STANLEY | COM NEW | 26K | 267K | – |
| MUELLER WTR PRODS INC | COM SER A | 217 | 12K | – |
| NAPCO SEC TECHNOLOGIES INC | COM | 2K | 29K | – |
| NETFLIX INC | COM | 948 | 1K | – |
| NEUROCRINE BIOSCIENCES INC | COM | 969 | 7K | – |
| NEXTERA ENERGY INC | COM | 12K | 168K | – |
| NIKE INC | CL B | 26K | 343K | – |
| NORFOLK SOUTHN CORP | COM | 9K | 42K | – |
| NORTHROP GRUMMAN CORP | COM | 210 | 482 | – |
| NVIDIA CORPORATION | COM | 60K | 482K | – |
| NUVEEN MUN VALUE FD INC | COM | 86 | 10K | – |
| ORACLE CORP | COM | 521 | 4K | – |
| OPTION CARE HEALTH INC | COM NEW | 241 | 9K | – |
| BARK INC | COM | 58 | 32K | – |
| ORGANON & CO | COMMON STOCK | 1K | 65K | – |
| OTIS WORLDWIDE CORP | COM | 2K | 25K | – |
| PNC FINL SVCS GROUP INC | COM | 333 | 2K | – |
| PACCAR INC | COM | 18K | 172K | – |
| PALO ALTO NETWORKS INC | COM | 101K | 299K | – |
| PARK-OHIO HLDGS CORP | COM | 403 | 16K | – |
| PAYPAL HLDGS INC | COM | 9K | 151K | – |
| PEPSICO INC | COM | 19K | 113K | – |
| PERMIAN RESOURCES CORP | CLASS A COM | 961 | 60K | – |
| PFIZER INC | COM | 15K | 525K | – |
| PHILIP MORRIS INTL INC | COM | 9K | 89K | – |
| PHILLIPS 66 | COM | 12K | 82K | – |
| PRICE T ROWE GROUP INC | COM | 23K | 195K | – |
| PRIMEENERGY RESOURCES CORP | COM | 572 | 5K | – |
| PROCTER AND GAMBLE CO | COM | 13K | 80K | – |
| QORVO INC | COM | 223 | 2K | – |
| QUALCOMM INC | COM | 5K | 26K | – |
| RAPID7 INC | COM | 5K | 126K | – |
| RTX CORPORATION | COM | 28K | 280K | – |
| RESIDEO TECHNOLOGIES INC | COM | 2K | 117K | – |
| RINGCENTRAL INC | CL A | 4K | 158K | – |
| SHELL PLC | SPON ADS | 7K | 96K | – |
| SLM CORP | COM | 4K | 197K | – |
| SPDR S&P 500 ETF TR | TR UNIT | 1K | 2K | – |
| SPDR GOLD TR | GOLD SHS | 239 | 1K | – |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 3K | 7K | – |
| SPDR S&P MIDCAP 400 ETF TR | UTSER1 S&PDCRP | 29K | 54K | – |
| SPDR SER TR | NUVEEN BLMBRG SH | 283 | 6K | – |
| SALESFORCE INC | COM | 43K | 169K | – |
| SCHLUMBERGER LTD | COM STK | 9K | 183K | – |
| SELECT SECTOR SPDR TR | ENERGY | 283 | 3K | – |
| SENECA FOODS CORP NEW | CL A | 697 | 12K | – |
| SERVICE CORP INTL | COM | 569 | 8K | – |
| SERVICENOW INC | COM | 18K | 23K | – |
| SHOPIFY INC | CL A | 297 | 5K | – |
| SMITH MIDLAND CORP | COM | 1K | 38K | – |
| SOLVENTUM CORP | COM SHS | 376 | 7K | – |
| STARBUCKS CORP | COM | 303 | 4K | – |
| STATE STR CORP | COM | 752 | 10K | – |
| SYNCHRONY FINANCIAL | COM | 23K | 488K | – |
| TAKEDA PHARMACEUTICAL CO LTD | SPONSORED ADS | 1K | 115K | – |
| TARGET CORP | COM | 7K | 46K | – |
| TEGNA INC | COM | 184 | 13K | – |
| TENET HEALTHCARE CORP | COM NEW | 266 | 2K | – |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 890 | 55K | – |
| THE TRADE DESK INC | COM CL A | 479 | 5K | – |
| THERMO FISHER SCIENTIFIC INC | COM | 24K | 44K | – |
| 3M CO | COM | 3K | 28K | – |
| TOYOTA MOTOR CORP | ADS | 10K | 47K | – |
| TRINITY INDS INC | COM | 221 | 7K | – |
| UNION PAC CORP | COM | 7K | 30K | – |
| UNITED PARCEL SERVICE INC | CL B | 11K | 82K | – |
| UNITED STS LIME & MINERALS I | COM | 2K | 6K | – |
| UNITEDHEALTH GROUP INC | COM | 35K | 68K | – |
| VALERO ENERGY CORP | COM | 533 | 3K | – |
| VANGUARD BD INDEX FDS | INTERMED TERM | 990 | 13K | – |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 348 | 7K | – |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 10K | 172K | – |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 6K | 128K | – |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 225 | 5K | – |
| VANGUARD INDEX FDS | S&P 500 ETF SHS | 8K | 16K | – |
| VANGUARD INDEX FDS | MID CAP ETF | 17K | 72K | – |
| VANGUARD INDEX FDS | LARGE CAP ETF | 268 | 1K | – |
| VANGUARD INDEX FDS | GROWTH ETF | 230 | 615 | – |
| VANGUARD INDEX FDS | SMALL CP ETF | 34K | 156K | – |
| VANGUARD INDEX FDS | TOTAL STK MKT | 8K | 29K | – |
| VERIZON COMMUNICATIONS INC | COM | 16K | 399K | – |
| VIATRIS INC | COM | 118 | 11K | – |
| VISA INC | COM CL A | 11K | 41K | – |
| WALMART INC | COM | 38K | 558K | – |
| WALGREENS BOOTS ALLIANCE INC | COM | 726 | 60K | – |
| WARNER BROS DISCOVERY INC | COM SER A | 491 | 66K | – |
| WORLD GOLD TR | SPDR GLD MINIS | 262 | 6K | – |
| YUM BRANDS INC | COM | 17K | 128K | – |
| YUM CHINA HLDGS INC | COM | 14K | 441K | – |
| ZIMMER BIOMET HOLDINGS INC | COM | 16K | 149K | – |
| ZOETIS INC | CL A | 31K | 182K | – |
| ACCENTURE PLC IRELAND | SHS CLASS A | 14K | 47K | – |
| LINDE PLC | SHS | 12K | 27K | – |
| MEDTRONIC PLC | SHS | 6K | 78K | – |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | 483 | 5K | – |
| TRONOX HOLDINGS PLC | SHS | 257 | 16K | – |
| AERCAP HOLDINGS NV | SHS | 9K | 99K | – |
| ASML HOLDING N V | N Y REGISTRY SHS | 2K | 2K | – |