Heritage Asset Management, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed January 29, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$250/hr

“Consulting services are offered based on an hourly fee of $250 per hour.”

Flat or project fee

$500⁠-⁠$5,000

“Financial planning services are offered based on a fixed fee between $500 and $5,000 dependent upon the complexity of the Client’s specific situation.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Heritage Asset Management, LLC bills

Payment and refund terms, quoted from the fee section of the brochure.

• “The fees are charged monthly in arrears and are based on the average daily account balance for the period for the prior month.”
• “Fees will be paid in arrears every quarter.”
• “Fees are either deducted from the Client’s account, if available, or Client will be provided an invoice at the commencement of services payable within ten (10) days of receipt.”

How Heritage Asset Management, LLC’s fees compare

• Its hourly rate of $250 matches the Missouri median of $250. 40% of the 88 other Missouri planners that publish an hourly rate charge less.
• Its flat or project fee of $500-$5,000 spans the Missouri median of $3,550. 30% of the 77 other Missouri planners that publish a flat or project fee charge less.

About Heritage Asset Management, LLC

• Principal: David Thompson
• Firm size: 2 employees.
• Founded: 2021 (5 years).

Planning areas mentioned in the brochure

• Cash flow and budgeting

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

2% a year

Clients

746

Employees

2

Works with

Individuals, high net worth individuals, and charities

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other advisers

Assets managed

$155,000,000

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

323344

Website

heritage-kc.com (opens in new tab)

Phone

(816) 348-2060

Can advise clients in 10 states: Alaska, Alabama, Arkansas, Florida, Kansas, Louisiana, Michigan, Missouri, Oklahoma, Texas

Other planners in Missouri that publish fees

• 25 FinancialSaint Louis$2,000⁠-⁠$5,000
• 360 IraSt. Charles$99⁠-⁠$10,000
• 80/20 Financial ServicesOzark$240/hr, $1,000⁠-⁠$7,000
• Adk Wealth Advisory GroupSt. Louis$250⁠-⁠$4,000
• Alpine Private WealthSaint Louis$333, $4,000/yr
• Aquilant AdvisorsSt. Louis$250/hr

Compare all 222 planners in Missouri