RESTON WEALTH MANAGEMENT

RIASEC RegisteredEst. 2009

Total AUM

$590M

Discretionary

$577M

98% of AUM

Avg account

$332K

Accounts

1,776

Employees

Advisory reps

Firm details

Headquarters: RESTON, Virginia
CRD number: 148816
Registered since: September 10, 2009
Website: www.restonwealth.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, LPL FINANCIAL LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
Client types: HNWI76%
Individuals20.41%
Pension & Profit Sharing Plans2.1%
Corporations / Businesses1.14%
Charitable Organizations0.36%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Reston Wealth Management is an independent registered investment adviser that acts as a capital allocator for both individual and institutional clients. Founded and SEC-registered in 2009, the firm combines fee-based portfolio management and financial planning with insurance brokerage services and selection of third‑party advisers. Its business model blends discretionary portfolio management with non‑discretionary relationships and hybrid fee arrangements — percentage of AUM, hourly and fixed fees, and the ability to earn commissions. The firm’s client mix skews toward individuals and families while also serving smaller institutional clients. Reston Wealth Management reports an owner‑type of individual and is not structured as a multi‑state adviser. It does not identify as an active ESG investor. In 2020 the firm was recognized by FA Magazine on its Top RIA Firms list.