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, individually owned registered investment adviser that began SEC registration in 2020. The firm positions itself as a capital allocator for high-net-worth individuals and families, offering fee arrangements that include a percentage of assets under management as well as hourly and fixed fees. Core advisory capabilities listed include financial planning, portfolio management for individuals and small businesses, pension consulting services, and the selection of other advisers. The firm does not identify as an active ESG investor and operates as a single-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 15Active vs passive
$39.7M in ETFs
98%
$38.9M
0%
$834K
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES IBONDS DEC 2028 TERM CORPORATE ETF (IBDT) | BlackRock | Passive | Target Maturity | $6.4M | 257,513 | 16.18% |
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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