Heartwood Investments, Inc. (Waterloo)

Heartwood Investments, Inc. is an adviser based in Waterloo. It manages $40.62 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Iowa.

Heartwood Investments provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Heartwood Investments: assets under management

The assets under management (AUM) of Heartwood Investments, Inc. is $40.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $40.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.93 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Heartwood Investments, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Heartwood Investments, Inc.

David George Sparks has been acting as President since 1 Oct 2007. Deborah Marie Harris joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David George Sparks	President/chief compliance officer	1 Oct 2007	75% - 100%	866624
Deborah Marie Harris	Vice president	1 Oct 2007	Other	1208395
Deborah Marie Giarusso	Vice president	1 Oct 2007	Other	1208395

Based in Waterloo

The principal office where Heartwood Investments, Inc. performs its advisory services is located at 216 East Fourth Street, Waterloo, IA 50703 4702 The mailing address of the firm is Po Box 1197, Waterloo, IA 50704 1197. It doesn’t run an office outside of the United States.