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Heritage Institutional Advisors, LLC (Pompano Beach)


Heritage Institutional Advisors, LLC is a large advisory firm based in Pompano Beach. It manages $26.5 million of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Florida.

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Heritage Institutional Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Heritage Institutional Advisors: assets under management

The assets under management (AUM) of Heritage Institutional Advisors, LLC is $26.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 77% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $26.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $981.48 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Heritage Institutional Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Jr. Frederick Richards Maclean Shareholder 1 May 1993 75% - 100% 4409805

Based in Pompano Beach

The principal office where Heritage Institutional Advisors, LLC performs its advisory services is located at 2480 Ne 23 Rd Street, Pompano Beach, FL 33062, which is also the mailing address of the firm. An additional office of the firm is in Tampa, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 954-785-5400 or by fax 954-933-0966. The normal business hours are 9:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at www.hia-us.com.


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