DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
Former SEC-registered adviser
Heritage Financial Services
Legal name Heritage Financial Services, LLC
Latest filing Nov 25, 2025
First filing on the tape Nov 30, 2011 · 42 filings
SEC status approved since Jul 19, 2005
RAUM
$3.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$3.0B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
49
23 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$3.0B as of Nov 25, 2025
Mar 29, 2012$625M then
HNW client RAUM$2.7B as of Nov 25, 2025
Mar 27, 2018$1.2B then
State-registered IARs (5.B.3)24 as of Nov 25, 2025
Mar 2, 201310 then
Employees (5.A)49 as of Nov 25, 2025
Mar 2, 201315 then
Private funds: no history
RAUM +20% over the last fiscal year+10% a year over threeIARs 23 to 24
Practice profile
derived from the filing of Nov 25, 2025; every figure names its basis
- RAUM per advisor
- $125MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 52derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $461,291derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 8.0derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- +4.3%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.7%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
- Financial planning clients
- 1,000reportedItem 5.H
- Custody
- $2.8B, 1,250 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$2.7B91%
- Individuals$254M8.5%
- Corporations and businesses$9.0M0.3%
- Charitable organizations$412,9840.0%
- Individual clients
- 433reported
- HNW clients
- 813reported
- Pension plan clients
- n/areported
- Charitable clients
- 1reported
- Accounts
- 6,481reported
- Financial planning clients
- 1,000reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.8B for 1,250 clientsreported
- Compensation
- % of AUMreported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
25 left, 0 joined in 12 months
net -25 in 12 months0 left in 90 days0 joined in 90 days28 left over 36 months
Left, latest
- Jared Matthew Ravech to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Jack Campbell Finch to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Matthew Alan Carron to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Sammy Amr Azzouz to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Robert Thomas Weisse to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Edward Richard Jastrem to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- James Patrick Scally to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Michael Robert Waldron to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Andreane Martine Bolduc to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Timothy Ryan Driscoll to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Alexia Souad Yvette Teixeira to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Paul Joseph Higgins to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Charles Swan Bean to Commonwealth Financial NetworkMar 19, 2026 · RIA to affiliated broker-dealer or bank
- Jennifer Mulvoy Watson to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
- Joseph Anthony Waters to Savant Wealth ManagementMar 19, 2026 · RIA to RIA
Joined, latest
- Sydnee Goodeaux from Merrill Lynch, Pierce, Fenner & Smith IncorporatedMay 29, 2025 · Wirehouse to independent RIA
- Nilesh Imanuel Christian from MarinerMar 1, 2022 · RIA to RIA
- Micah Williams from Lake Street AdvisorsMar 12, 2018 · Other
- Kevin Russell Webber from Strategic Advisers LLCOct 6, 2016 · Other
- Sammy Amr Azzouz from Manning & Napier Advisors, LLCApr 29, 2013 · Other
- James Patrick Scally from Commonwealth Financial NetworkMar 16, 2010 · Other
- Matthew Alan Carron from Sheehan Gorelik LLCJul 2, 2007 · Other
- Steven Lee Jacobsmeier from Financial Foundations, Inc.Apr 21, 2005 · Other
- Daniel Robert Williams from Commonwealth Financial NetworkMay 24, 2002 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 21 left for Savant Wealth ManagementMar 19, 2026 · Westwood, Ma · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Amr Sammy Azzouz · President & Ceocontrolsince 07/2019 · owns 5% to 10%
- Melissa Ann Mattison · Chief Operating Officercontrolsince 06/2022 · owns less than 5%
- Patrick James Scally · Managing Membercontrolsince 01/2014 · owns 5% to 10%
- R Michael Waldron · Managing Membercontrolsince 01/2022 · owns 5% to 10%
- M Jennifer Watson · Chief Compliance Officercontrolsince 06/2022 · owns less than 5%
- Thomas Robert Weisse · Managing Membercontrolsince 01/2014 · owns 10% to 25%
- Swan Charles Bean · Chairman And Foundercontrolsince 01/1996 · owns 75% or more of Heritage Financial Services, Inc.
Entity owners
- Heritage Financial Services, Inc. · Ownerdirect · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Woburn, Ma | 0 | 0 | 4 | ||
| Westwood, Ma · principal | 0 | 0 | 17 | ||
| Rockland, Ma | 0 | 0 | 4 |
Offices
Schedule D 1.F, the 25 largest
- Woburn, MA5 employees
- Rockland, MA2 employees
What changed
consecutive filings, newest first
- Financial planning clients · More than 500 to More than 500May 16, 2025 to Jul 10, 2025
- Accounts · 5,806 to 6,481Mar 20, 2024 to Mar 30, 2025
- Advisory employees · 22 to 23Mar 20, 2024 to Mar 30, 2025
- HNW clients · 697 to 813Mar 20, 2024 to Mar 30, 2025
- Individual clients · 504 to 433Mar 20, 2024 to Mar 30, 2025
- Assets in custody · $2.4B to $2.8BMar 20, 2024 to Mar 30, 2025
- Employees · 44 to 49Mar 20, 2024 to Mar 30, 2025
- State-registered IARs · 23 to 24Mar 20, 2024 to Mar 30, 2025
- Discretionary RAUM · $2.5B to $3.0BMar 20, 2024 to Mar 30, 2025
- HNW RAUM · $2.2B to $2.7BMar 20, 2024 to Mar 30, 2025
- Individual RAUM · $288M to $254MMar 20, 2024 to Mar 30, 2025
- RAUM · $2.5B to $3.0BMar 20, 2024 to Mar 30, 2025
- Accounts · 5,039 to 5,806Oct 27, 2023 to Mar 20, 2024
- Advisory employees · 21 to 22Oct 27, 2023 to Mar 20, 2024
- Charity clients · 2 to 1Oct 27, 2023 to Mar 20, 2024
- HNW clients · 621 to 697Oct 27, 2023 to Mar 20, 2024
- Individual clients · 512 to 504Oct 27, 2023 to Mar 20, 2024
- Assets in custody · $1.9B to $2.4BOct 27, 2023 to Mar 20, 2024
- Employees · 40 to 44Oct 27, 2023 to Mar 20, 2024
- State-registered IARs · 22 to 23Oct 27, 2023 to Mar 20, 2024
- Discretionary RAUM · $1.9B to $2.5BOct 27, 2023 to Mar 20, 2024
- HNW RAUM · $1.7B to $2.2BOct 27, 2023 to Mar 20, 2024
- Individual RAUM · $255M to $288MOct 27, 2023 to Mar 20, 2024
- RAUM · $1.9B to $2.5BOct 27, 2023 to Mar 20, 2024
- Business name · HERITAGE FINANCIAL SERVICES, LLC to HERITAGE FINANCIAL SERVICESMar 17, 2023 to Mar 20, 2023
- Accounts · 4,947 to 5,039Dec 19, 2022 to Mar 17, 2023
- HNW clients · 627 to 621Dec 19, 2022 to Mar 17, 2023
- Individual clients · 515 to 512Dec 19, 2022 to Mar 17, 2023
- Assets in custody · $1.9B to $1.9BDec 19, 2022 to Mar 17, 2023
- Employees · 37 to 40Dec 19, 2022 to Mar 17, 2023
- Discretionary RAUM · $1.9B to $1.9BDec 19, 2022 to Mar 17, 2023
- HNW RAUM · $1.7B to $1.7BDec 19, 2022 to Mar 17, 2023
- Individual RAUM · $241M to $255MDec 19, 2022 to Mar 17, 2023
- RAUM · $1.9B to $1.9BDec 19, 2022 to Mar 17, 2023
- Accounts · 5,101 to 4,947Sep 29, 2022 to Dec 19, 2022
- Advisory activities · 2 to 4Sep 29, 2022 to Dec 19, 2022
- Charity clients · unset to 2.0Sep 29, 2022 to Dec 19, 2022
- Corporate clients · unset to 3.0Sep 29, 2022 to Dec 19, 2022
- HNW clients · 642 to 627Sep 29, 2022 to Dec 19, 2022
- Individual clients · 415 to 515Sep 29, 2022 to Dec 19, 2022
Signals
37 dated events
- Heritage Financial Services no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $3.0B)Apr 1, 2026 · Left the SEC roster · derived
- Jennifer Mulvoy Watson left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Charles Swan Bean left Heritage Financial Services for Commonwealth Financial Network (registered 2001-10-04)Mar 19, 2026 · Advisor changed firm · fact
- Timothy David Winn left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Jared Matthew Ravech left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Kenzie Marie Ferris left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Sammy Amr Azzouz left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- James Patrick Scally left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Michael Robert Waldron left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Christopher Anthony Ruta left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Andreane Martine Bolduc left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Timothy Ryan Driscoll left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Matthew Alan Carron left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Kevin Russell Webber left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Edward Richard Jastrem left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- William Bushman Bain left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Matthew Theodore Simoni left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Paul Joseph Higgins left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Jonathan Robert Harding left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Jack Campbell Finch left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Alexia Souad Yvette Teixeira left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Joseph Anthony Waters left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Robert Thomas Weisse left Heritage Financial Services for Savant Wealth Management (registered 2026-03-16)Mar 19, 2026 · Advisor changed firm · fact
- Heritage Financial Services's advisors moved to Savant Wealth Management (Westwood, MA): 21 of 22 registered, on the same dayMar 19, 2026 · Firm absorbed (people side) · derived
- Brendan Richard Shea left Heritage Financial Services for Grimes & Company (registered 2026-03-04)Feb 23, 2026 · Advisor changed firm · fact
- Sydnee Goodeaux left Heritage Financial Services for Rwa Wealth Partners (registered 2025-12-10)Nov 24, 2025 · Advisor changed firm · fact
- Joseph F Arsenault left Heritage Financial Services for Great Oak Capital Partners, Llc (registered 2026-04-02)Oct 29, 2025 · Advisor changed firm · fact
- Raymond Luis Powell left Heritage Financial Services for Cambridge Investment Research Advisors, Inc. (registered 2026-01-06)Jun 16, 2025 · Advisor changed firm · fact
- Cole George Samson left Heritage Financial Services for The Investment Counsel Company (registered 2025-04-01)Jan 27, 2025 · Advisor changed firm · fact
- Jackson George Watson left Heritage Financial Services for Albion Financial Group (registered 2025-03-18)Jan 16, 2025 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
- Heritage Financial Services, Inc. · Private Equityshared crd · intermediary
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026