Our heritage traces to 1966.
While Heritage was founded in 1991, our roots actually trace back to 1966.
In 1966 Heritage co-founder Tom Biesheuvel was an account manager with a boutique investment firm in San Francisco. It was then that he began to realize the benefits of bringing together all elements of a client's financial portfolio, including their tax strategy, into what we now call Total Wealth Management.
In 1973 Tom acquired the General Business Services firm in Berkeley (part of a national chain that provided business owners with financial statements and advice to improve their ratios and returns), and he began to offer full-service financial consulting.
In 1975 Tom’s friend and tax and accounting expert Rich Scarpa joined the firm. With an initial team of four, they focused on strategic and integrated financial coaching in accounting, tax strategies, and personal wealth building. Over the next 10 years, the firm honed their offerings toward integrated financial service solutions, and this led to a complete suite of financial consulting services for individuals, companies, nonprofit organizations, and trust entities.
1980s & ’90s
In 1985 we changed the name to Biesheuvel, Scarpa & Co., and in 1989 we purchased and moved into our current building in El Cerrito.
In 1991 we founded a wealth management and investment division, and Heritage was birthed. Heritage Capital Private Asset Management was registered with the Securities Exchange Commission as an investment management firm providing fee-based rather than transaction- and commission-based services.
On January 1, 2007, the strategic tax planning, bookkeeping and accounting, business growth consulting practice, and real estate advisory services became known as our sister company, InConcert Financial Group®.
In 2016, after more than 45 years of providing integrated financial solutions to an incredible group of clients, founders Rich Scarpa, EA, and Tom Biesheuvel decided to retire. After tirelessly searching for the right long-term strategic solution, they found the right succession partner in Kelly Crane, CFP®, CLU, CFA, MBA, and TrueNote Investment Advisors, Inc.
Today, TrueNote is the parent company of Heritage Capital Private Asset Management, and we look forward to many more decades of providing integrated financial solutions.