Heller Wealth Advisors, LLC. is a large advisory firm based in Summit. It manages $457.65 million of regulatory assets for 1,220 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, New Jersey, and 3 other states.
Heller Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Heller Wealth Advisors, LLC. is $457.65 million. The firm's AUM has grown by 122% since the beginning of its operation, and $984.16 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Heller Wealth Advisors, LLC. for their services and products based on a percentage of assets under management, commissions, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jordan Heller is high net worth individuals with 85 clients and $347.06 million of assets under management. Among the 11 most similar advisory firms, Heller Wealth Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $457.65 million for 249 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Heller Wealth Advisors doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jordan Heller has been acting as President since 1 Apr 2005. Scott Joseph Drown joined the executive team most recently as the Operations Manager.
The principal office where Heller Wealth Advisors, LLC. performs its advisory services is located at 47 Maple Street, Summit, NJ 07901, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 973-287-5433 or by fax 973-435-0101. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at hellerwealth.com.