Heritage Advisory is a registered investment advisor based in Woodbury, New York, founded in 2025. The firm specializes exclusively in financial planning services and does not manage investment portfolios, place trades, or hold client funds. Heritage Advisory guides clients through three distinct phases: onboarding and plan creation (Phase One), optional implementation guidance (Phase Two), and ongoing monitoring and renewal (Phase Three). Services cover retirement planning, cash flow and budgeting analysis, asset allocation guidance, non-legal tax planning strategies, insurance and risk management analysis, education funding, and estate planning coordination. Heritage Advisory's team also maintains affiliations that allow them to offer separate brokerage and insurance products, as well as referral relationships for clients needing investment management services.
Fee Structure
Heritage Advisory offers ongoing planning and monitoring services (Phase Three) with flat or retainer-based fees ranging from $5,000 to $50,000 per year, depending on the complexity of the engagement.
- Phase One initial planning — Flat fees ranging from $10,000 to $45,000 for a 6-month onboarding engagement and completion of a financial plan
- Phase Two implementation guidance — Flat fees ranging from $5,000 to $40,000 for optional planning guidance upon request
- Phase Three ongoing planning and monitoring — Flat or retainer-based fees ranging from $5,000 to $50,000 per year