Heritage Investment
Group is an investment consulting firm providing fee-only investment advice to
high net worth investors and family trusts. Heritage was founded in 1993, and
currently manages $560 million from locations in Pompano Beach and Tampa, Florida.
Most investors would agree that objectivity is an absolutely necessary element
of the client-advisor relationship. On Wall Street, however, objectivity
is constantly compromised by the compensation methodologies of the brokerage houses.
Heritage, on the other hand, can offer completely objective management because
we follow four simple rules:
Fee-Only Compensation: Heritage works with its clients on a direct
fee basis. We have no commission incentives nor any other compensation arrangements
which compromise our objectivity. Therefore, our clients can rest assured
that the investment vehicles we use are recommended only because they are in the
client’s best interest.
Multiple Asset Class Approach: Many investors currently use only
one or two asset classes, a mistake that often has disastrous consequences. As
an independent consulting firm, we are free to structure portfolios via comprehensive
diversification using multiple asset classes, which leads to decreased portfolio
risk and higher expected returns.
Passive Investment Management: Although the superiority of passive
management can be demonstrated both in theory and in practice, Wall Street firms
continue to promote an active management style to the benefit of themselves and
to the detriment of their clients. Heritage focuses on passive management,
thereby removing the emotional elements of the investment process and assuring
that the returns offered by the capital markets are captured as accurately as
possible.
Discipline: Even well-developed, well-diversified investment
portfolios are rendered ineffective if their integrity is not maintained over
time. Good planning at the outset must be followed by continual reevaluation
and rebalancing to maximize returns and minimize risk.
Our mission is to assist our clients by applying a clearly-defined strategy
to their investments. While the financial press plays on the emotions of
investors by promoting the virtues of stock picking and playing the “hot”
areas of the markets, we have developed a logical investment process that avoids
these emotional pitfalls and instead focuses on the creation of a long-term portfolio
plan. We encourage you to ignore the Wall Street media circus and instead
to look at investing with an objective, rational mind. To understand the value
of our approach you simply need to
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