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.

SEC-registered adviser

Heritage Wealth Advisors

Independent wealth managerRichmond, VirginiaCRD 137484SEC 801-64803websiteIAPD
Legal name Heritage Wealth Advisors, LLC
Latest filing Jul 30, 2026
First filing on the tape Mar 21, 2012 · 42 filings
SEC status approved since Oct 27, 2005
RAUM
$4.9B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
55%
$2.7B individuals and HNW
Advisors
15
registered through the firm on IAPD
RAUM per advisor
$324M
derived; firm RAUM over IAPD count
Employees
36
18 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
9
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$4.9B as of Jul 30, 2026
Mar 21, 2012$268M then
HNW client RAUM$2.6B as of Jul 30, 2026
Mar 30, 2018$1.3B then
State-registered IARs (5.B.3)15 as of Jul 30, 2026
Mar 21, 20120 then
Employees (5.A)36 as of Jul 30, 2026
Mar 26, 201311 then
Private funds9 as of Jul 30, 2026
Mar 29, 20232 then
RAUM +6.4% over the last fiscal year+16% a year over threeIARs 15 to 15
Practice profile
derived from the filing of Jul 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$324MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
26derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$10.3MderivedHNW RAUM over HNW clients
Average account
$3.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
34%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.4derivedItem 5.A over advisors
Advisors per office
3.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+6.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
$2.0B, 292 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.6B54%
  • Charitable organizations$1.6B34%
  • Corporations and businesses$320M6.6%
  • Pooled investment vehicles$255M5.3%
  • Individuals$44.1M0.9%
Individual clients
130reported
HNW clients
254reported
Pension plan clients
n/areported
Charitable clients
19reported
Accounts
1,616reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$2.0B for 292 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.55 fund_share=0.05 institutional_share=0.34 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
15 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
John Gwyn JordanChartered Financial AnalystRichmond, VaOct 9, 201231 y1
Charles Thomas HillCertified Financial PlannerRichmond, VaMar 12, 201321 y0
Delores Ann RemoCertified Financial PlannerRichmond, VaMar 19, 201329 y2
Marshall Ogden ChambersCertified Financial Planner, Chartered Financial AnalystRichmond, VaAug 12, 201319 y0
Caroline Elizabeth BaronianChartered Financial AnalystRichmond, VaAug 30, 201810 y0
Sarah Christine SimmerCertified Financial PlannerWexford, Pa Jul 11, 201914 y0
Daniel Albert RoweRichmond, VaFeb 6, 202014 y2
Kaitlyn Jo KocubaRichmond, Va Sep 1, 202110 y2
Meagan Elizabeth RobertsRichmond, Va Dec 13, 202112 y0
Steven Coles HendersonChartered Financial AnalystRichmond, VaAug 23, 202233 y0
Aaron Marten ZitaloneRichmond, Va Feb 28, 202310 y2
Jason Ryan BarberaChartered Financial AnalystRichmond, Va Mar 5, 202510 y1
Wesley Clark CullinaneRichmond, VaJun 3, 202614 y0
Zuzanna KaczmarekRichmond, VaJun 12, 202612 y0
Mikai Evan ThomasWexford, Pa Aug 17, 202620 y1
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 6.7% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
11 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Ma Endowment Partners, LPOther Private Fund$75.7M8Mar 22, 2012
Ma Partners Fund, LPno longer reportedOther Private Fund$57.0M12Mar 22, 2012
Heritage Private Fund LP Series 1Other Private Fund$50.1M35Mar 29, 2023
Heritage Private Fund LP Series 1bOther Private Fund$47.5M15Mar 29, 2023
Heritage Private Fund LP Series 2$34.2M37Jul 30, 2026
Heritage Private Fund LP Series 2b$33.0M10Jul 30, 2026
Ma Real Assets Fund 2, LPOther Private Fund$12.1M24Mar 22, 2012
Ma Investors Fund 1, LLCOther Private Fund$2.8M6Mar 22, 2012
Ma Resources Fund 1, LPno longer reportedOther Private Fund$156,46620Mar 22, 2012
Heritage Private Fund LP Series 3$013Jul 30, 2026
Heritage Private Fund LP Series 3b$06Jul 30, 2026
Owners and control persons
Schedule A and B, latest filing
  • Elizabeth Caroline Baronian · Director Of Investmentscontrol
    since 01/2019 · owns 5% to 10%
  • Ogden Marshall Chambers · Director Of Client Strategy And Development Compliance Officer And Managing Director Investmentscontrol
    since 01/2011 · owns 5% to 10%
  • Frazier Sara Gochenour · Chief Operating Officercontrol
    since 03/2024 · owns less than 5%
  • Thomas Charles Hill · Chief Financial Officer And Senior Wealth Advisorcontrol
    since 01/2006 · owns 10% to 25%
  • Gwyn John Jordan · Chief Investment Officercontrol
    since 10/2012 · owns 10% to 25%
  • Marie Tina Leiter · Chief Compliance Officer And Chief Administrative Officercontrol
    since 03/2024 · owns less than 5%
  • Ann Delores Remo · Chief Executive Officer And Managing Directorcontrol
    since 09/2005 · owns 10% to 25%
  • Elizabeth Meagan Roberts · Managing Director Of Financial Planning And Taxcontrol
    since 01/2025 · owns less than 5%
  • Christine Sarah Simmer · Managing Director Of Client Experiencecontrol
    since 01/2022 · owns 5% to 10%
  • Ann Delores Remo · Managing Membercontrol
    since 07/2021 · owns 50% to 75% of Remo Heritage Venture, LLC
  • Frank James Remo · Membercontrol
    since 07/2021 · owns 50% to 75% of Remo Heritage Venture, LLC
  • Coles Steven Henderson · Managing Director Of Private Investments And Foundation Strategies
    since 01/2025 · owns less than 5%
Entity owners
  • Remo Heritage Venture, LLC · Member
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
  • Heritage Pf Gp LLC
    pooled vehicle sponsory
  • Ma Investors Management LLC
    pooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Richmond, Va · principal1531
Wexford, Pa510
Offices
Schedule D 1.F, the 25 largest
  • Sewickley, PA4 employees
  • Charlottesville, VA2 employees
ADV anomalies
6 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Jul 30, 2026
    Remo, James, Frank (MEMBER) left Schedule A between the filings of 2024-03-27 and 2026-07-30
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Jul 30, 2026
    Roberts, Meagan, Elizabeth (MANAGING DIRECTOR OF FINANCIAL PLANNING AND TAX) appeared on Schedule A between the filings of 2024-03-27 and 2026-07-30
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Jul 30, 2026
    LEITER, TINA, MARIE (CHIEF COMPLIANCE OFFICER AND CHIEF ADMINISTRATIVE OFFICER) left Schedule A between the filings of 2024-03-27 and 2026-07-30
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Jul 30, 2026
    GOCHENOUR, SARA, FRAZIER (CHIEF OPERATING OFFICER) left Schedule A between the filings of 2024-03-27 and 2026-07-30
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Jul 30, 2026
    BARONIAN, CAROLINE, ELIZABETH (DIRECTOR OF INVESTMENTS) left Schedule A between the filings of 2024-03-27 and 2026-07-30
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Jul 30, 2026
    JORDAN, JOHN, GWYN (CHIEF INVESTMENT OFFICER) left Schedule A between the filings of 2024-03-27 and 2026-07-30
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Private funds · 7 to 9
    Mar 27, 2026 to May 1, 2026
  • Accounts · 1,623 to 1,616
    Nov 7, 2025 to Mar 27, 2026
  • Advisory employees · 17 to 18
    Nov 7, 2025 to Mar 27, 2026
  • Charity clients · 17 to 19
    Nov 7, 2025 to Mar 27, 2026
  • Corporate clients · 34 to 41
    Nov 7, 2025 to Mar 27, 2026
  • HNW clients · 234 to 254
    Nov 7, 2025 to Mar 27, 2026
  • Individual clients · 131 to 130
    Nov 7, 2025 to Mar 27, 2026
  • Pooled vehicle clients · 8 to 7
    Nov 7, 2025 to Mar 27, 2026
  • Assets in custody · $3.0B to $2.0B
    Nov 7, 2025 to Mar 27, 2026
  • Private funds · 8 to 7
    Nov 7, 2025 to Mar 27, 2026
  • Discretionary RAUM · $4.5B to $4.7B
    Nov 7, 2025 to Mar 27, 2026
  • HNW RAUM · $2.7B to $2.6B
    Nov 7, 2025 to Mar 27, 2026
  • Individual RAUM · $47.7M to $44.1M
    Nov 7, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $116M to $153M
    Nov 7, 2025 to Mar 27, 2026
  • Pooled vehicle RAUM · $166M to $255M
    Nov 7, 2025 to Mar 27, 2026
  • RAUM · $4.6B to $4.9B
    Nov 7, 2025 to Mar 27, 2026
  • Financial planning clients · 251-500 to 251-500
    Apr 3, 2025 to Jul 23, 2025
  • Accounts · 1,493 to 1,623
    Sep 30, 2024 to Apr 3, 2025
  • Advisory employees · 18 to 17
    Sep 30, 2024 to Apr 3, 2025
  • Charity clients · 21 to 17
    Sep 30, 2024 to Apr 3, 2025
  • Corporate clients · 28 to 34
    Sep 30, 2024 to Apr 3, 2025
  • HNW clients · 220 to 234
    Sep 30, 2024 to Apr 3, 2025
  • Individual clients · 135 to 131
    Sep 30, 2024 to Apr 3, 2025
  • Pooled vehicle clients · 7 to 8
    Sep 30, 2024 to Apr 3, 2025
  • Assets in custody · $2.9B to $3.0B
    Sep 30, 2024 to Apr 3, 2025
  • Employees · 35 to 36
    Sep 30, 2024 to Apr 3, 2025
  • State-registered IARs · 17 to 15
    Sep 30, 2024 to Apr 3, 2025
  • Other offices · 2 to 3
    Sep 30, 2024 to Apr 3, 2025
  • Private funds · 7 to 8
    Sep 30, 2024 to Apr 3, 2025
  • Discretionary RAUM · $3.7B to $4.5B
    Sep 30, 2024 to Apr 3, 2025
  • HNW RAUM · $2.4B to $2.7B
    Sep 30, 2024 to Apr 3, 2025
  • Individual RAUM · $50.5M to $47.7M
    Sep 30, 2024 to Apr 3, 2025
  • Non-discretionary RAUM · $285M to $116M
    Sep 30, 2024 to Apr 3, 2025
  • Pooled vehicle RAUM · $228M to $166M
    Sep 30, 2024 to Apr 3, 2025
  • RAUM · $4.0B to $4.6B
    Sep 30, 2024 to Apr 3, 2025
  • Accounts · 1,345 to 1,493
    Nov 7, 2023 to Mar 27, 2024
  • Charity clients · 15 to 21
    Nov 7, 2023 to Mar 27, 2024
  • Corporate clients · 18 to 28
    Nov 7, 2023 to Mar 27, 2024
  • HNW clients · 204 to 220
    Nov 7, 2023 to Mar 27, 2024
  • Individual clients · 119 to 135
    Nov 7, 2023 to Mar 27, 2024
Signals
10 dated events
  • Sara Frazier Gochenour left Heritage Wealth Advisors for Salomon And Ludwin (registered 2026-05-19)
    May 4, 2026 · Advisor changed firm · fact
  • Heritage Wealth Advisors reported RAUM $4.0B, up 30% from $3.1B (2023-11-07 to 2024-03-27)
    Mar 27, 2024 · RAUM change · derived
  • Marie Tina Leiter (Chief Compliance Officer And Chief Administrative Officer) appeared on Schedule A of Heritage Wealth Advisors
    Mar 27, 2024 · Control person joined · fact
  • Frazier Sara Gochenour (Chief Operating Officer) appeared on Schedule A of Heritage Wealth Advisors
    Mar 27, 2024 · Control person joined · fact
  • Charlotte N Fox left Heritage Wealth Advisors for Mml Investors Services, Llc (registered 2024-01-16)
    Jan 5, 2024 · Advisor changed firm · fact
  • Robert Joseph Palmer left Heritage Wealth Advisors for Newedge Advisors (registered 2023-02-13)
    Jan 13, 2023 · Advisor changed firm · fact
  • Frank James Remo (Member) appeared on Schedule A of Heritage Wealth Advisors
    Aug 22, 2022 · Control person joined · fact
  • Edward H Phillips left Heritage Wealth Advisors for Thirdline Capital Management Llc (registered 2022-04-04)
    Feb 10, 2022 · Advisor changed firm · fact
  • Heritage Wealth Advisors reported RAUM $2.3B, up 38% from $1.6B (2019-10-30 to 2020-03-04)
    Mar 4, 2020 · RAUM change · derived
  • Heritage Wealth Advisors reported RAUM $1.4B, up 26% from $1.1B (2017-03-28 to 2018-03-30)
    Mar 30, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business email
glau@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
lsult@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
mdecapito@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
mhartke@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
mkelly@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
mlee@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
mmoncure@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
njones@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
pwills@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
rroane@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
sporter@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
Business email
tdavis@heritagewealth.netreportedpublished by the firm, firm site, Sep 15, 2026
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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$324Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026