Heiser Investment Advisers

Heiser Investment Advisers provides customized investment management to individual clients, primarily using domestic and international stocks, bonds, mutual funds and ETFs, and assists clients with account establishment and related paperwork. Client assets are held with unaffiliated custodians, the adviser does not independently hold client funds, and clients receive quarterly written reports alongside custodian statements.

Investment selection is based on the adviser’s research together with discussions of each client’s objectives and risk tolerance, with a typical allocation that blends value, growth and income securities for long-term holding. Trades are often implemented in three or four tranches over six to twelve months, rebalancing is done based on investment judgment rather than a mechanical schedule, and accounts are managed on a discretionary basis.

Notably, the firm may use other investment products, including derivatives in separately managed accounts, which is an uncommon practice among independent advisers and can add complexity and risk to portfolios. The firm also discloses that it does not vote client proxies and does not provide tax or legal advice; its policies allow for performance-based fee arrangements in some cases, though none are currently charged.