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 registered investment adviser formed in 2020 and operated as a privately owned corporation. The firm serves individual and family clients and acts as a capital allocator, routing client capital to third‑party managers when appropriate. Its billing model includes percentage‑of‑AUM fees as well as hourly and fixed‑fee arrangements. Core advisory capabilities listed in filings include financial planning, portfolio management for individuals and small businesses, selection of other advisers, and pension consulting services. The firm does not identify as an active ESG investor and is not set up 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 Equities58%
- Public Funds/Mutual Funds24%
- US Government Bonds16%
- Cash & Cash Equivalents2%
Contacts
3 of 3
Scott Saal
Managing PartnerCRD 5735342
Stephen Saal
Founding PartnerCRD 722237
Wade Williard
AssociateCRD 7517052
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 14Active vs passive
$38.9M in ETFs
98%
$38.1M
0%
$818K
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES IBONDS DEC 2028 TERM CORPORATE ETF (IBDT) | BlackRock | Passive | Target Maturity | $6.3M | 249,890 | 16.20% |
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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