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David Morton

Heritage Financial LLC
21 Years of Experience
Bethesda, MD
Sells Insurance
View SEC Summary
View SEC Summary

David Morton is a registered investment advisor at Heritage Financial LLC, based in Bethesda, MD, with 21 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 8 more. Their firm serves 350 clients with $410M in assets under management.

Heritage Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
7 advisors
Number of Clients
350 clients
Average Client Portfolio
$1.2M average
Assets Under Management
$408.0M

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K1.50%
$500K - $1.0M1.40%
$1.0M - $2.5M1.00%
$2.5M - $10.0M0.50%
$10M+0.30%

Fees are negotiable based on account size, asset structure complexity, and financial planning factors.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Bethesda, MD

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

David owns an investment-related private residence and is a licensed insurance agent since 2007, selling fixed life and health insurance. He dedicates a few hours per week to insurance sales.

Employment History
Current Registrations
Heritage Financial LLC
October 2016 - Present · 10 yrs
Previous Registrations
Acorn Financial Advisory Services, INC.
February 2011 - October 2016 · 5 yrs 8 mos
The Strategic Financial Alliance, INC.Broker
January 2011 - December 2017 · 6 yrs 11 mos
H. Beck, INC.
February 2009 - January 2011 · 1 yr 11 mos
H. Beck, INC.Broker
January 2009 - January 2011 · 2 yrs
MML Investors Services, INC.
August 2005 - December 2008 · 3 yrs 4 mos
MML Investors Services, INC.Broker
March 2005 - January 2009 · 3 yrs 10 mos
State Registrations3 states
MDTXVA
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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