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.

Heritage Investment Review, Calendar Year 2018

  Introduction On the whole, investors found 2018 a challenging year. Asset classes aligned with negative returns, both in the United States and internationally. This alignment made multi-asset class, diversified portfolios less effective at limiting losses. We still believe a widely diversified asset allocation benefits investors and smooths the path of returns—improving financial decision-making and… More >

Jeffrey Kleintop, SVP, Charles Schwab & Co. presents “Global Market Outlook” to Heritage Clients

Heritage Financial recently hosted a client event headlined “Global Market Outlook” presented by Jeffrey Kleintop, Senior Vice President at Charles Schwab & Co. and its Chief Global Investment Strategist. Kleintop is responsible for analyzing and discussing international markets, trends and events to help U.S. investors understand their significance and financial implications. He is frequently cited… More >

Heritage Investment Review Three Quarters, 2018

Why Isn’t My Portfolio Keeping Up This Year? Long-Term Diversification & Asset Allocation The S&P 500, the most widely followed stock index, is up 10.56% through the end of the third quarter of 2018. This is a good return for stocks, especially over nine months. It’s natural to conclude: the stock market is having a… More >

Heritage’s Chuck Bean is again named to Barron’s Top 100 Independent Financial Advisors

For the eighth consecutive year Heritage’s Chuck Bean has been named to Barron’s Top 100 Independent Financial Advisors list.  This recognition reflects Heritage’s steady growth, with the 2018 edition moving Heritage up five spots in the  ranking. “This growth has been the direct result of serving our clients’ needs effectively and demonstrating our ability to deliver… More >

Heritage’s Chuck Bean Again Named to Forbes List of “America’s Top Wealth Advisors”

For each of the two years Forbes/Shook Research has produced their “Americas Top Wealth Advisors” list where Chuck Bean has been included, and 2018’s edition is no different.  This elite list is based on in-person and telephone due diligence meetings, and a ranking algorithm for advisors who have a minimum of seven years of experience.  Requirements… More >

Heritage Participates in “My Brothers’ Keeper” Social Service

My Brother’s Keeper (MBK)  is a vibrant, welcoming charity which delivers furniture and food to families in need across southeastern Massachusetts. Now 30 years old, and growing at a tremendous pace they now provide over 8,500 deliveries of furniture and food each year, as their high standards and commitment to the community provides enormous value… More >

Heritage Says Goodbye to Summer Intern

Heritage formalized a summer internship in 2016 for a college student who demonstrates an interest in personal financial planning and academic rigor. Our purpose with the program is to help develop the next generation of talent for the benefit of the firm and the industry as a whole. At the same time that the baby… More >

Chuck Bean featured on “Becoming Referable” Podcast

Recently Chuck Bean, Founder and CEO of Heritage Financial sat down with Steve Wershing and Julie Littlechild to be interviewed on their podcast series “Becoming Referable”, an online series that features financial services client engagement best practices.  In this 40 minute discussion Chuck outlined why he evolved his work in financial services to the registered… More >

Heritage Investment Review First Half 2018

Adjusting the Focus The first half of 2018 has been a difficult investment environment. United States stocks narrowly produced a positive return of 2.06% while developed international stocks were down 4.94% and emerging markets stocks were down 7.59%. Heritage’s alternatives allocation was down 5.75%. Investment grade bonds were down 0.43%. This comes on the heels… More >

Heritage Financial Again Named to FA Magazine’s Top RIA Rankings

For the fifth year in a row Heritage Financial Services has been named to FA Magazine’s Top RIA Ranking. This is an annual ranking that uses advisor assets under management (AUM), percentage growth in AUM, average assets per client, percentage growth in assets per client, and percentage change in number of clients as the criteria… More >