Heritage Asset Managers, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$80,074,037
Clients
29
Advisors
3
across 2 offices
About
Heritage Asset Managers is a registered investment adviser that provides discretionary portfolio management and investment advice to individuals (including high-net-worth clients), trusts, pension and profit-sharing plans, charitable organizations and corporate clients. Services focus on equity, fixed income and combined portfolios, and the firm will also serve clients on a consult-only basis if requested.
The firm constructs customized portfolios that emphasize diversification and cost efficiency, typically implementing equity exposure through index funds, ETFs and mutual funds while managing fixed-income needs with laddered, investment-grade individual securities matched to client cash-flow objectives. Heritage’s process combines macroeconomic and issuer-level analysis, ongoing monitoring with quarterly reviews, and the use of a primary custodian and trading platform while retaining discretion to direct trades to other brokers when appropriate.
Heritage is relatively small by client count—managing roughly $83 million for fewer than 30 client relationships—which results in higher average account sizes and individualized portfolio construction compared with many peers. The advisory team includes multiple CFA charterholders, the brochure discloses historical regulatory and arbitration matters involving one supervised person from the late 1980s and early 1990s that the firm describes as historical, and the firm does not vote client proxies (clients retain proxy voting responsibility).
Client services
Expertise
Fee options
Negotiable up to a maximum of 2.5% annually
Main office
See officeLittle Rock AR
Advisors at this office
2
Offices (2)
Most active in
Arkansas · Louisiana · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Theodore H
CFA®, Series 65
Little Rock, AR
Heritage Asset Managers, Inc.
Theodore Hiegel is a CFA charterholder with 20 years of industry experience, currently serving as an advisor at Heritage Asset Managers, Inc. in Little Rock, Arkansas, where he has worked since 2005. His professional credentials include the CFA designation and Series 65 license. Heritage Asset Managers, Inc. is a state-registered investment adviser providing discretionary portfolio management and consult-only advice to a concentrated client base, including individuals, high-net-worth clients, trusts, pension plans, charitable organizations, and corporate entities. The firm manages approximately $77.8 million, focusing on customized equity, fixed-income, and blended portfolios with an emphasis on diversification and cost control.
Mark G
Series 63
North Little Rock, AR
Heritage Asset Managers, Inc.
Mark George is a financial advisor at Heritage Asset Managers, Inc. with 30 years of industry experience. He has been with Heritage Asset Managers since 2005 and holds a Series 63 designation. Heritage Asset Managers, Inc. is a state-registered investment adviser serving individuals, high-net-worth clients, trusts, pension and profit-sharing plans, charitable organizations, and corporate entities. The firm manages approximately $77.8 million across about 43 accounts, focusing on customized equity, fixed-income, and blended portfolios with an emphasis on diversification and cost control.
Frank H
Series 63, Series 65
Little Rock, AR
Heritage Asset Managers, Inc.
Frank Hiegel is a financial advisor with Heritage Asset Managers, Inc. in Little Rock, AR, holding Series 63 and Series 65 licenses and bringing 56 years of industry experience. Prior to joining Heritage in 2018, he worked at Morgan Stanley Smith Barney and Morgan Stanley Private Bank. He is also the owner of K & F Hiegel LLC, an investment-related business. Heritage Asset Managers, Inc. provides discretionary portfolio management and consult-only investment advice to individuals, high-net-worth clients, trusts, pension and profit-sharing plans, charitable organizations, and corporate entities. The firm emphasizes customized portfolios with a focus on diversification and cost control, utilizing a mix of individual securities and pooled investment vehicles.
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