Our fee is charged as a percentage of the assets that we manage and is billed quarterly. As indicated in the Heritage Advisory Contract, the fee percentage will typically decline when the value of your account reaches certain thresholds. However, the dollar amount of the fee will increase as the value of your account(s) increases. Therefore, we have an incentive to grow the assets in your account(s).
To open and maintain an account, Heritage has a minimum relationship size of $1,000,000, but at its discretion Heritage can accept accounts or clients below this minimum.