Hedge Fund Database

HERITAGE FINANCIAL SERVICES

HERITAGE FINANCIAL SERVICES, LLC Legal Name

Adviser information for HERITAGE FINANCIAL SERVICES last updated from Form ADV on March 20th, 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 Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Massachusetts, United States

Employees

Total Number of Employees 44
Investment Advisory/Research 22
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 23
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 1

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 5,806 $2.5B
Non-Discretionary 0 $0
Total 5,806 $2.5B

Clients

Type Number RAUM
Individuals 504 $288.2M
HNW Individuals 697 $2.2B
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 0 $0
Charitable organizations <5 $378,671
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 <5 $8.4M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 1000

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Educational seminars/workshops
Compensation % of AUM

Identifiers

SEC RIA File Number 801-64494
SEC ERA File Number 801-64494
SEC CIK Numbers 1752035
SEC CRD Numbers 127268
Legal Entity Identifier None

Principal Office

100 LOWDER BROOK DRIVE
SUITE 1000
WESTWOOD
MA
United States
Monday - Friday, 8:30 AM TO 5:00 PM
Tel: 781-255-0214, Fax: 781-255-0627

Websites

www.linkedin.com/company/heritage-financial-services-inc twitter.com/heritagefin www.heritagefinancial.net www.facebook.com/heritagefinancialnet www.youtube.com/channel/ucohxxs1x1afmnub7d3xi82q/videos

Chief Compliance Officer

JENNIFER M. WATSON
DIRECTOR OF HR
100 LOWDER BROOK DRIVE
SUITE 1000
WESTWOOD
MA
United States
Tel: 781-255-0214
Fax: 781-255-0627
(Full email address available in API data)

Regulatory Contact

MELISSA A. MATTISON
CHIEF OPERATING OFFICER
100 LOWDER BROOK DRIVE
SUITE 1000
WESTWOOD
MA
United States
Tel: 781-255-0214
(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
BEAN, CHARLES, SWAN Individual HERITAGE FINANCIAL SERVICES, INC. CHAIRMAN AND FOUNDER 01/1996 > 75%
HERITAGE FINANCIAL SERVICES, INC. Domestic Entity – OWNER 01/2014 50-75%
WEISSE, ROBERT, THOMAS Individual – MANAGING MEMBER 01/2014 10-25%
SCALLY, JAMES, PATRICK Individual – MANAGING MEMBER 01/2014 5-10%
AZZOUZ, SAMMY, AMR Individual – PRESIDENT & CEO 07/2019 5-10%
MATTISON, MELISSA ANN Individual – CHIEF OPERATING OFFICER 06/2022 < 5%
WATSON, JENNIFER, M Individual – CHIEF COMPLIANCE OFFICER 06/2022 < 5%
WALDRON, MICHAEL, R Individual – MANAGING MEMBER 01/2022 5-10%

No. Employees, Historic

5025020202021202220232024202532 on 3/23/202032 on 6/26/202032 on 9/11/202032 on 11/23/202034 on 3/15/202134 on 3/16/202134 on 3/16/202134 on 8/19/202137 on 3/14/202237 on 3/25/202237 on 6/10/202237 on 7/19/202237 on 9/29/202237 on 12/19/202240 on 3/17/202340 on 3/20/202340 on 4/25/202340 on 10/27/202344 on 3/20/2024

RAUM, Historic

3B2B02020202120222023202420251601277179 on 3/23/20201601277179 on 6/26/20201601277179 on 9/11/20201601277179 on 11/23/20201825326930 on 3/15/20211825326930 on 3/16/20211825326930 on 3/16/20211825326930 on 8/19/20212228359850 on 3/14/20222228359850 on 3/25/20222228359850 on 6/10/20222228359850 on 7/19/20222228359850 on 9/29/20221939344239 on 12/19/20221930818782 on 3/17/20231930818782 on 3/20/20231930818782 on 4/25/20231930818782 on 10/27/20232499708338 on 3/20/2024

No. Clients, Historic

2,0001,0000202020212022202320242025940 on 3/23/2020940 on 6/26/2020940 on 9/11/2020940 on 11/23/2020976 on 3/15/2021976 on 3/16/2021976 on 3/16/2021976 on 8/19/20211057 on 3/14/20221057 on 3/25/20221057 on 6/10/20221057 on 7/19/20221057 on 9/29/20221147 on 12/19/20221138 on 3/17/20231138 on 3/20/20231138 on 4/25/20231138 on 10/27/20231205 on 3/20/2024

Holdings

From latest 13F, filed July 23rd, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABBOTT LABS COM 486K 5K –
ABBVIE INC COM 522K 3K –
AFLAC INC COM 216K 2K –
ALPHABET INC CAP STK CL C 872K 5K –
ALPHABET INC CAP STK CL A 613K 3K –
AMAZON COM INC COM 948K 5K –
AMERICAN CENTY ETF TR US EQT ETF 509K 6K –
AMERICAN EXPRESS CO COM 304K 1K –
ANALOG DEVICES INC COM 786K 3K –
APPLE INC COM 7M 34K –
APPLIED MATLS INC COM 1M 5K –
AVERY DENNISON CORP COM 208K 950 –
BANK AMERICA CORP COM 284K 7K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 1M 3K –
BOEING CO COM 218K 1K –
BROADCOM INC COM 400K 249 –
CABOT CORP COM 249K 3K –
CATERPILLAR INC COM 303K 909 –
CHEVRON CORP NEW COM 515K 3K –
CISCO SYS INC COM 273K 6K –
COCA COLA CO COM 1M 21K –
COSTCO WHSL CORP NEW COM 1M 1K –
CVS HEALTH CORP COM 503K 9K –
DIMENSIONAL ETF TRUST EMERGING MKTS CO 60M 2M –
DIMENSIONAL ETF TRUST US SUSTAINABILTY 11M 313K –
DIMENSIONAL ETF TRUST INTERNATNAL VAL 495K 14K –
DIMENSIONAL ETF TRUST EMERGING MKTS VA 4M 151K –
DIMENSIONAL ETF TRUST INTL CORE EQT MK 2M 80K –
DIMENSIONAL ETF TRUST INTERNATIONAL 5M 162K –
DIMENSIONAL ETF TRUST US CORE EQUITY 2 198M 6M –
DIMENSIONAL ETF TRUST EMGR CRE EQT MNG 2M 64K –
DIMENSIONAL ETF TRUST EMERGING MARKETS 2M 73K –
EATON CORP PLC SHS 215K 685 –
ELEVANCE HEALTH INC COM 240K 442 –
ELI LILLY & CO COM 2M 2K –
EVERSOURCE ENERGY COM 610K 11K –
EXXON MOBIL CORP COM 2M 14K –
HOME DEPOT INC COM 529K 2K –
HONEYWELL INTL INC COM 274K 1K –
IDEXX LABS INC COM 226K 464 –
INTERNATIONAL BUSINESS MACHS COM 730K 4K –
INVESCO QQQ TR UNIT SER 1 337K 703 –
ISHARES INC CORE MSCI EMKT 4M 71K –
ISHARES TR CORE US AGGBD ET 7M 69K –
ISHARES TR CORE S&P MCP ETF 289K 5K –
ISHARES TR S&P SML 600 GWT 214K 2K –
ISHARES TR CRE U S REIT ETF 38M 715K –
ISHARES TR RUS 1000 GRW ETF 1M 4K –
ISHARES TR RUSSELL 2000 ETF 377K 2K –
ISHARES TR CORE S&P TTL STK 19M 159K –
ISHARES TR SELECT DIVID ETF 203K 2K –
ISHARES TR CORE S&P SCP ETF 248K 2K –
ISHARES TR SP SMCP600VL ETF 207K 2K –
ISHARES TR S&P 500 GRWT ETF 2M 20K –
ISHARES TR CORE S&P500 ETF 2M 3K –
ISHARES TR NATIONAL MUN ETF 567K 5K –
ISHARES TR S&P MC 400GR ETF 268K 3K –
ISHARES TR CORE MSCI INTL 9M 132K –
ISHARES TR RUS 1000 VAL ETF 402K 2K –
ISHARES TR S&P 500 VAL ETF 2M 8K –
ISHARES TR S&P MC 400VL ETF 220K 2K –
ISHARES TR RUS 1000 ETF 525K 2K –
ISHARES TR RUSSELL 3000 ETF 2M 7K –
J P MORGAN EXCHANGE TRADED F INCOME ETF 103M 2M –
J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 12M 247K –
J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM 224K 4K –
JOHNSON & JOHNSON COM 1M 10K –
JPMORGAN CHASE & CO. COM 507K 3K –
LOWES COS INC COM 211K 955 –
MCDONALDS CORP COM 733K 3K –
MERCK & CO INC COM 833K 7K –
META PLATFORMS INC CL A 273K 541 –
MICROSOFT CORP COM 4M 8K –
NEXTERA ENERGY INC COM 813K 11K –
NVIDIA CORPORATION COM 3M 27K –
PEPSICO INC COM 223K 1K –
PFIZER INC COM 257K 9K –
PROCTER AND GAMBLE CO COM 2M 14K –
PURE STORAGE INC CL A 290K 5K –
QUALCOMM INC COM 371K 2K –
ROPER TECHNOLOGIES INC COM 200K 355 –
RTX CORPORATION COM 228K 2K –
SCHWAB STRATEGIC TR US BRD MKT ETF 472K 8K –
SCHWAB STRATEGIC TR US REIT ETF 384K 19K –
SCHWAB STRATEGIC TR US LRG CAP ETF 469K 7K –
SPDR S&P 500 ETF TR TR UNIT 1M 3K –
SPDR SER TR PORTFLI INTRMDIT 597K 21K –
SPDR SER TR S&P DIVID ETF 765K 6K –
SSGA ACTIVE ETF TR SPDR TR TACTIC 269K 7K –
THERMO FISHER SCIENTIFIC INC COM 228K 412 –
TRANE TECHNOLOGIES PLC SHS 223K 678 –
UNITEDHEALTH GROUP INC COM 630K 1K –
VANGUARD BD INDEX FDS TOTAL BND MRKT 1M 14K –
VANGUARD INDEX FDS S&P 500 ETF SHS 2M 3K –
VANGUARD INDEX FDS TOTAL STK MKT 3M 10K –
VANGUARD INDEX FDS GROWTH ETF 2M 4K –
VANGUARD INDEX FDS MID CAP ETF 638K 3K –
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 447K 10K –
VANGUARD MUN BD FDS TAX EXEMPT BD 1M 20K –
VANGUARD SCOTTSDALE FDS INTER TERM TREAS 149M 3M –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 574K 3K –
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 838K 17K –
VANGUARD WORLD FD INF TECH ETF 328K 568 –
VERIZON COMMUNICATIONS INC COM 369K 9K –
WISDOMTREE TR JAPN HEDGE EQT 626K 6K –