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Richard Heiman

Ars Wealth Advisors
34 Years of Experience
St. Petersburg, FL
1 Disclosure
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Richard Heiman is a registered investment advisor at Ars Wealth Advisors, based in St. Petersburg, FL, with 34 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 1,071 clients with $1.6B in assets under management.

Ars Wealth Advisors
Compensation
Fee-Only (% of Portfolio)
Firm Size
15 advisors
Number of Clients
1,071 clients
Average Client Portfolio
$1.5M average
Assets Under Management
$1.6B

Fee Structure

Minimum Investment:$500K
Planning is included in investment management
Minimum Annual Fee:$5,000
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $2.0M1.00%
$2.0M - $5.0M0.75%
$5M+0.50%

Fees are potentially negotiable. Legacy assets from Holloway Wealth Management are billed in arrears at 1.5% on the first $1 million and 0.50% above $1 million.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

111 Second Avenue NE, Suite 900, St. Petersburg, FL, 33701

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 1994
Award / Judgment
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Ars Wealth Advisors
August 2021 - Present · 5 yrs 2 mos
Previous Registrations
Ars Wealth Advisors
March 2016 - July 2021 · 5 yrs 4 mos
Doyle Wealth Management, INC.
July 2010 - March 2016 · 5 yrs 8 mos
Raymond James & Associates, INC.Broker
January 2003 - July 2009 · 6 yrs 6 mos
Strategic Advisers INC.
March 2000 - December 2002 · 2 yrs 9 mos
Fidelity Brokerage Services LLCBroker
September 1999 - December 2002 · 3 yrs 3 mos
Olde Discount CorporationBroker
December 1992 - July 1999 · 6 yrs 7 mos
F.N. Wolf & CO., INC.Broker
March 1991 - December 1992 · 1 yr 9 mos
State Registrations1 state
FL
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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