Heyman Investment Counseling (HIC) manages money primarily for individuals, trusts, and retirement portfolios. HIC focuses on balanced portfolios with a mix of stocks and bonds, using a core equity style blending value and growth strategies. While emphasizing large-cap companies, HIC includes international, small, and mid-cap funds when appropriate. The firm also provides non-discretionary investment advice to a third-party investment advisor.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.25% |
If the client has their portfolio with a bank custodian such as PNC or LCNB Bank and the custodian handles trading and other administrative details then the annual fee rate is 0.25% for the assets under management. PNC bank has agreed to keep their fee rate to 40 basis points (0.40%) and LCNB will keep their fee rate to 65 basis points (0.65%) for the assets under management. If the client has their portfolio with a brokerage firm and HIC has to be more involved in trading securities the annual fee rate can be up to 40 basis points (0.40%) for the assets under management.