Hero Financial Advisors, Inc. (Buzzards Bay)

Hero Financial Advisors, Inc. is a large advisory firm based in Buzzards Bay. It manages $41.95 million of regulatory assets for 69 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Massachusetts.

Hero Financial Advisors provides financial planning services, 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.

Hero Financial Advisors: assets under management

The assets under management (AUM) of Hero Financial Advisors, Inc. is $41.95 million. The firm's AUM has grown by 26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $37.99 million in discretionary accounts and $3.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $584.42 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $991.5 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hero Financial Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Hero Financial Advisors, Inc.

Robert Leonard Chestnut has been acting as President since 1 Sep 1992. Helen Gertrude Barrett joined the executive team most recently as the President, Treasurer, Coo, Clerk/Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Helen Gertrude Barrett	President, treasurer, coo, clerk/secretary	1 Sep 1992	50% - 75%	1373302
Robert Leonard Chestnut	Chairman	1 Sep 1992	50% - 75%	2301744

Based in Buzzards Bay

The principal office where Hero Financial Advisors, Inc. performs its advisory services is located at 258 Main Street, Buzzards Bay, MA 02532 3251, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.