VIRGINIA WEALTH MANAGEMENT GROUP, INC.
Firm details
- Headquarters
- VIRGINIA BEACH, Virginia
- CRD number
- 311248
- Registered since
- November 23, 2020
- Website
- www.vwmg.net
- Custodians
- WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI91.87%
- Individuals8.02%
- Corporations / Businesses0.06%
- Charitable Organizations0.05%
- Services
- Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Virginia Wealth Management Group, Inc. is an independent, SEC-registered advisory corporation formed in 2020 and owned by an individual. The firm focuses on serving individual and family clients and positions itself as a capital allocator, combining financial planning with discretionary and non-discretionary portfolio management. Its advisory services explicitly include financial planning, portfolio management for individuals and small businesses, pension consulting, and the selection of outside managers or advisers. Fee arrangements are flexible: the firm charges a percentage of assets under management and also uses hourly and fixed-fee structures. The firm does not identify as an active ESG investor and is not organized as a multi-state adviser.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities61%
- Public Funds/Mutual Funds20%
- US Government Bonds18%
- Cash & Cash Equivalents1%
Contacts
3 of 3STEPHEN SAAL
Founding PartnerCRD 722237
SCOTT SAAL
Managing PartnerCRD 5735342
Wade Williard
AssociateCRD 7517052
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 12Active vs passive
$30.8M in ETFs
99%
$30.5M
0%
$246K
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES IBONDS DEC 2028 TERM CORPORATE ETF (IBDT) | BlackRock | Passive | Target Maturity | $5.1M | 199,615 | 16.43% |
Location
VIRGINIA BEACH, VA
VIRGINIA BEACH CITY
Location
VIRGINIA BEACH, VA
Headquartered in VIRGINIA BEACH, VA, anchoring the Virginia Beach-Norfolk, VA-NC metro in the South.
- Metro area
- Virginia Beach-Norfolk, VA-NC
- Region
- South
- County
- VIRGINIA BEACH CITY
- Address
- 4460 Corporation Ln
- Time zone
- ET (UTC-5)
- Office locations
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