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.

Identifiers

SEC RIA File Number 801-119854
SEC ERA File Number 801-119854
SEC CIK Numbers 1898282
SEC CRD Numbers 311248
Legal Entity Identifier None

Principal Office

4460 CORPORATION LANE
SUITE 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
(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
(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

10502020202120222023202420253 on 10/23/20203 on 3/10/20214 on 3/23/20224 on 3/8/20234 on 3/22/2024

RAUM, Historic

300M150M020212022202320242025199752148 on 3/10/2021255064102 on 3/23/2022273756984 on 3/8/2023299962729 on 3/22/2024

No. Clients, Historic

20010002020202120222023202420250 on 10/23/202091 on 3/10/202189 on 3/23/2022102 on 3/8/2023111 on 3/22/2024

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