Heartland Northeast provides ongoing portfolio management services tailored to each client's individual goals, risk tolerance, and time horizon. The firm creates personalized investment policy statements and handles asset allocation, asset selection, and regular portfolio monitoring. In addition to standard ongoing investment management, Heartland Northeast offers specialized management for accounts associated with partial Roth conversion strategies, utilizing either a flat annual fee structure over 12 months or a 7-year asset-based fee arrangement. The firm requires clients to use Charles Schwab & Co. as their custodian and broker-dealer. Leadership is also involved in independent insurance agency services, creating potential conflicts of interest that are managed by adhering to a legal standard of acting in the client's best interest.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Standard ongoing and 7-year Roth conversion asset-based fees range from 0.85% to 1.50% annually, billed quarterly. A 12-month flat fee of up to $2,000 is also available for specific partial Roth conversion accounts.