BEACON WEALTH CONSULTANTS, INC.
Adviser information for BEACON WEALTH CONSULTANTS, INC. last updated from Form ADV on February 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Virginia, United States |
Employees
| Total Number of Employees | 15 |
|---|---|
| Investment Advisory/Research | 12 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,037 | $203.8M |
| Non-Discretionary | 2 | $39,151 |
| Total | 1,039 | $203.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 449 | $113.0M |
| HNW Individuals | 24 | $63.2M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 13 | $19.5M |
| Charitable organizations | <5 | $7.6M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 2 | $545,366 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 4 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesESTATE ADMINISTRATION, LEGACY COACHING |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-118970 |
|---|---|
| SEC ERA File Number | 801-118970 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 154939 |
| Legal Entity Identifier | None |
Principal Office
302 WASHINGTON AVE. SWROANOKE
VA
United States
Monday - Friday, 8 AM TO 5 PM
Tel: 540-345-3891, Fax: 888-971-3687
Chief Compliance Officer
KEVIN ZEMANN
302 WASHINGTON AVE, SW
ROANOKE
VA
United States
Tel:
402-630-7324
K****@***************M
(Full email address available in API data)
Regulatory Contact
CASSANDRA C. LAYMON
PRESIDENT
302 WASHINGTON AVE, SW
ROANOKE
VA
United States
Tel:
540-345-3891
Fax:
888-971-3687
C********@***************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LAYMON, RICHARD, STEPHEN | Individual | – | CHIEF EXECUTIVE OFFICER | 08/2010 | > 75% |
| LAYMON, CASSANDRA, C. | Individual | – | OWNER/PRESIDENT | 08/2012 | 10-25% |
| ZEMANN, KEVIN, RICHARD | Individual | – | CHIEF COMPLIANCE OFFICER | 05/2022 | < 5% |
| SUNDERLAND, HILLARY, ANN | Individual | – | CHIEF INVESTMENT OFFICER | 09/2017 | < 5% |
| PRESTON, JACOB, DAVID | Individual | – | DIRECTOR OF ADVISORY SERVICES | 10/2022 | < 5% |