Heritage Capital Research (HCR) is an independent, privately owned, investment research firm located in the Denver area. HCR services the needs of both financial advisors and individual investors.

For Financial Advisors

  • Outsourced Chief Investment Officer (OCIO) Services
  • Customized, White-Labeled Portfolio Solutions
  • Robust Platform of Portfolio Solutions
  • Consulting Services

For Investors

  • Customized Portfolio Design
  • Multi-Methodology, Multi-Strategy, Multi-Manager Portfolio Solutions
  • Risk Managed Portfolio Solutions

Investing Philosopy

Our investment management philosophy is based on three overriding principles:

  1. Manage Risk - Every Single Day: While there are never any guarantees in investing, we believe risk management plays a critical role in long-term investment success. Ourgoal is to keep portfolios in-tune with the overarching risk/reward environment of markets at all times. We strongly believe that strategies designed to reduce exposure to market risk during severe declines should be part of every investor’s portfolio.
  2. Focus on the Leaders: Heritage believes in focusing on market leadership in terms of asset class and regional allocation and stock selection.
  3. Remain Flexible: Finally, Heritage recognizes that times change, markets change, and investment opportunities change. Thus, we believe that a flexible management style with the ability adapt to changing environments is vital in today's fast-paced market environment.

Heritage Team Leader

David D. Moenning
Mr. Moenning is President and Chief Investment Strategist for HCR. Dave has been managing client accounts on a discretionary, risk managed basis since 1987. Thus, Dave has been live, on the market's firing line for more than 30 years. Most recently, Dave was Chief Investment Officer for a $1.3 billion RIA firm.

We invite you to review our services, our approach to the markets, and our portfolio management programs.  And since we pride ourselves on personal service, if we can ever be of assistance, please do not hesitate to contact us directly at 303.670.9761.