Heller Private Wealth

Heller Private Wealth LLC offers discretionary portfolio management and financial advice to individuals, trusts, estates, charitable organizations, and business entities, charging percentage-of-AUM fees. The firm reports approximately $95.7 million in discretionary assets under management across 37 client relationships and generally requires a $250,000 minimum account size.

The firm tailors asset allocation and investment recommendations to client goals and risk tolerances, drawing on fundamental and technical analysis and ongoing portfolio supervision. HPW may allocate to independent managers and model portfolios and advise on a broad set of instruments — including mutual funds, ETFs, structured products, private placements, private equity/private credit, hedge funds, and cryptocurrency exposure — and it will provide recommendations for held-away accounts and assistance applying for Securities-Backed Lines of Credit when appropriate.

Compared with many peers, the firm manages a relatively small number of client relationships for its asset base (resulting in a high assets-per-client profile) and discloses that it does not aggregate client orders (no block trading), meaning trades are executed on an account-by-account basis. The brochure also highlights several less-common operational points — explicit disclosures and controls around SBLOCs, political and AI-related risks (including use of AI tools to record/transcribe meetings with an opt-out), and that some associated persons are licensed insurance agents (with related conflicts of interest monitored by firm policies).