VIRGINIA WEALTH MANAGEMENT GROUP, INC.
Adviser information for VIRGINIA WEALTH MANAGEMENT GROUP, INC. last updated from Form ADV on March 22nd, 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 | 4 |
---|---|
Investment Advisory/Research | 3 |
Registered Broker-Dealer Representatives | 0 |
Registered State Investment Advisers | 3 |
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 | 296 | $174.9M |
Non-Discretionary | 75 | $125.1M |
Total | 371 | $300.0M |
Clients
Type | Number | RAUM |
---|---|---|
Individuals | 75 | $25.8M |
HNW Individuals | 36 | $273.0M |
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 | 0 | $0 |
Charitable organizations | <5 | $185,943 |
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 | <5 | $990,868 |
Other | 0 | $0 |
Type | Number |
---|---|
No. of Non-RAUM Clients | 5 |
No. of Non-U.S. Clients | 0 |
No. of Financial Planning Clients | 0 |
Services
Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting servicesSelection of other advisers (including private fund managers) |
---|---|
Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
Offers Wrap Fee Program | Yes |
---|
Acting As | RAUM |
---|---|
Sponsor | 0 |
Portfolio Manager | 0 |
Both for Same | 278.1M |
Portfolio Manager to Program | Sponsor |
---|---|
VIRGINIA WEALTH MANAGEMENT WRAP PROGRAM | VIRGINIA WEALTH MANAGEMENT GROUP, INC. |
Principal Office
4460 CORPORATION LANESUITE 180
VIRGINIA BEACH
VA
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 757-963-1823, Fax: None
Websites
Chief Compliance Officer
SCOTT R. SAAL
PRESIDENT & TREASURER
4460 CORPORATION LANE
SUITE 180
VIRGINIA BEACH
VA
United States
Tel:
757-963-1823
S********@*******T
(Full email address available in API data)
Regulatory Contact
STEPHEN R. SAAL
VICE PRESIDENT & SECRETARY
4460 CORPORATION LANE
SUITE 180
VIRGINIA BEACH
VA
United States
Tel:
757-963-1823
S**********@*******T
(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 |
---|---|---|---|---|---|
SAAL, SCOTT, RICHARD | Individual | – | PRESIDENT, TREASURER & CHIEF COMPLIANCE OFFICER | 10/2020 | 50-75% |
SAAL, STEPHEN, RAYMOND | Individual | – | VICE PRESIDENT, SECRETARY | 10/2020 | 50-75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 16th, 2024 for period ending June 30th, 2024
Name | Class | Value $USD | # Shares | Private Fund |
---|---|---|---|---|
ABBOTT LABS | COM | 674K | 6K | – |
AFLAC INC | COM | 3M | 33K | – |
ALPHABET INC | CAP STK CL C | 208K | 1K | – |
AMERICAN ELEC PWR CO INC | COM | 308K | 4K | – |
AMGEN INC | COM | 3M | 8K | – |
ANALOG DEVICES INC | COM | 1M | 7K | – |
APPLE INC | COM | 3M | 16K | – |
BECTON DICKINSON & CO | COM | 434K | 2K | – |
BERKSHIRE HATHAWAY INC DEL | CL A | 6M | 10 | – |
BERKSHIRE HATHAWAY INC DEL | CL B NEW | 217K | 534 | – |
BLACKROCK INC | COM | 3M | 4K | – |
BLACKSTONE INC | COM | 1M | 10K | – |
CHEVRON CORP NEW | COM | 3M | 18K | – |
CHUBB LIMITED | COM | 4M | 16K | – |
CINTAS CORP | COM | 350K | 500 | – |
CISCO SYS INC | COM | 3M | 56K | – |
COCA COLA CO | COM | 290K | 5K | – |
CONSOLIDATED EDISON INC | COM | 385K | 4K | – |
COSTCO WHSL CORP NEW | COM | 778K | 916 | – |
CVS HEALTH CORP | COM | 2M | 42K | – |
DARDEN RESTAURANTS INC | COM | 3M | 21K | – |
DOMINION ENERGY INC | COM | 2M | 35K | – |
DUKE ENERGY CORP NEW | COM NEW | 3M | 31K | – |
EMERSON ELEC CO | COM | 3M | 25K | – |
EQUIFAX INC | COM | 364K | 2K | – |
HERSHEY CO | COM | 3M | 15K | – |
HOME DEPOT INC | COM | 2M | 5K | – |
ISHARES TR | IBDS DEC28 ETF | 3M | 127K | – |
ISHARES TR | IBONDS 27 ETF | 3M | – | – |
ISHARES TR | IBONDS DEC2026 | 3M | – | – |
ISHARES TR | IBONDS DEC24 ETF | 3M | – | – |
ISHARES TR | IBONDS DEC25 ETF | 3M | – | – |
JPMORGAN CHASE & CO. | COM | 4M | 22K | – |
KINDER MORGAN INC DEL | COM | 3M | 167K | – |
LOWES COS INC | COM | 861K | 4K | – |
MARKEL GROUP INC | COM | 2M | 1K | – |
MCDONALDS CORP | COM | 3M | 11K | – |
MEDTRONIC PLC | SHS | 2M | 22K | – |
MICROSOFT CORP | COM | 5M | 11K | – |
MID-AMER APT CMNTYS INC | COM | 3M | 24K | – |
NIKE INC | CL B | 280K | 4K | – |
NORFOLK SOUTHN CORP | COM | 509K | 2K | – |
ORION OFFICE REIT INC | COM | 36K | 10K | – |
PEPSICO INC | COM | 3M | 18K | – |
PHILLIPS 66 | COM | 3M | 24K | – |
PROCTER AND GAMBLE CO | COM | 3M | 19K | – |
QUALCOMM INC | COM | 5M | 25K | – |
REALTY INCOME CORP | COM | 2M | 34K | – |
SOUTHERN CO | COM | 4M | 45K | – |
SPDR S&P 500 ETF TR | TR UNIT | 1M | 2K | – |
STAG INDL INC | COM | 2M | 60K | – |
UNITED PARCEL SERVICE INC | CL B | 2M | 14K | – |
UNITEDHEALTH GROUP INC | COM | 935K | 2K | – |
VERIZON COMMUNICATIONS INC | COM | 2M | 42K | – |
WALMART INC | COM | 3M | 38K | – |