Insider

News, Information and analysis

In the financial world, there’s a lot to keep track of. Here’s a curated stream of financial intelligence and practical updates, prepared by us specially for Heritage clients.

Financial Times Names Heritage Financial to Top 300 RIA

Heritage Financial has been named to the 2017 Financial Times’ Top 300 Registered Investment Advisors. According to Financial Times, this list is based on six broad factors, including advisor’s assets under management (AUM), asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. The Financial Times invited more than… More >

Heritage Financial Adds Four New Shareholders

Heritage Financial is proud to announce the addition of Senior Wealth Manager Matt Carron, Director of Financial Planning Ed Jastrem, Portfolio Manager Michael Waldron, and Compliance Manager Jennifer Watson to its shareholder group. Many key factors including exceptional job performance, adhering to the firm’s core values, and contributing to the business beyond their job functions… More >

Creating A post-college financial plan

If you (or someone you know) have recently graduated, congratulations! Here are five things that you can start doing today to ensure a solid financial future for yourself. Hope for the Best, Plan for the Worst An emergency fund of ready cash can help you feel more secure about your ability to handle the unexpected… More >

MuckFest MS Boston 2017

Since 2013, Heritage’s CEO, Chuck Bean, has co-chaired one of the Multiple Sclerosis Society’s major annual fundraising events in New England called MuckFest MS Boston. It’s a 5K mud run through 20 outrageous obstacles at Fort Devens in Massachusetts. The obstacles include zip lines, swings into mucky water, cargo nets, belly crawls in mud trenches,… More >

Will my beneficiaries have to pay taxes on my life insurance policy?

Under current law, death benefit proceeds from life insurance are generally income tax-free. If you name a spouse, child, or other individual as a beneficiary to a life insurance policy you own, that person will not have to report any of the proceeds as income due to your death. If a beneficiary elects to receive… More >

Lease or Buy Decision

Many big-ticket consumer items, such as cars, computers, and furniture, can be leased rather than purchased. In a lease, the lessor retains ownership of the item, and the lessee pays for the use of it. Types of Lease With a closed-end lease, the cost is known and no further money is due by the lessee… More >

Heritage investment review: q1 2017

Twelve Months of Calm Seas in the Wake For the past twelve months, stock returns have been high and the bumpiness experienced to achieve those returns has been low(1). Despite two major events in 2016—Great Britain voting to exit the European Union and a presidential election in the United States—it has been a tame period… More >

Why Investors Should Diversify Globally

One of the distinguishing features of Heritage Financial’s investment philosophy is our belief that investors should diversify globally. While there are many reasons for this that we can explain and relate specifically to a client’s personal situation, this article from CNBC does a nice job highlighting some basic points as to why it makes sense…. More >

Barron’s Names Chuck Bean among America’s top 1200 financial Advisors, #15 in MA

Chuck Bean, Founder and President of Heritage Financial, is named among America’s Top 1200 Financial Advisors by Barron’s. This is the eighth year that Chuck has received this prestigious recognition. Barron’s also provides state-by-state rankings, which lists Chuck at #15 in Massachusetts. According to Barron’s, these rankings are based on assets under management, revenue generated… More >

Helping Grandchildren Pay for Their College Education

Personal finance decisions that involve multiple family members and generations are as much about communication as they are about dollars and cents. Since I began working at Heritage, one of the most popular questions our clients have asked during our review meetings has been “how can I help my grandchildren pay for college?” I recommend… More >