Heritage Wealth Advisors, a local wealth management firm founded in 2005 was recognized this month for its rapid expansion—tripling its size in just four years.
The firm won the Pacesetter IMPACT award at an annual industry award program established by Charles Schwab & Company. The award is given to an independent advisory firm that is less than ten years old and shown accelerated growth.
At the end of 2005, Heritage Wealth had just under $45 million in assets under management; currently the firm has $180 million under management.
“This is particularly gratifying since it comes on the heels of the difficult economy of the last 18 months,” said Steve Cooke, the firm’s director of investments.
Cooke said constant communication was the key to keep clients from running away during the financial meltdown last fall. Heritage generally serves clients with a minimum of $2 million to invest. The firm was founded by Dee Ann Remo.
