Quick Look: Best Financial Advisors in Virginia
- Best for Families: Signature Family Wealth Advisors
- Best Robo-Advisor: M1 Finance
- Best for Team-Based Approach: Old Dominion Capital Management, Inc.
- Best for Retirement Planning: Campbell Wealth Management, Inc.
- Best Portfolio Analysis: Personal Capital
- Best for Unique Investment Approach: Hunter Michael Investment Advisors, Inc.
- Best for Client Service: Godsey & Gibb Wealth Management
Beyond picturesque mountains and valleys, Virginia is also home to high-quality financial advisors. There are multiple advisors that can help you improve your financial situation using comprehensive strategies to build a financial plan. Estate planning, tax planning and other services can work together to help you prepare for today and the future.
Benzinga’s shrunk the screening process so that you can select an advisor that suits your needs best, leveraging their fiduciary duty to support wealth accumulation and planning for retirement and beyond.
Best for Families: Signature Family Wealth Advisors
Signature Family Wealth Advisors is a registered advisory firm with multiple offices in Virginia — Charlottesville, Richmond and Norfolk. The firm specializes in designing creative, advantageous strategies for families with unique financial needs.
The firm offers a full suite of services for families. It takes care of investment and tax strategies, education planning, wealth transfers and philanthropy. When needed, Signature can also oversee bill payment, household payroll, aviation management and other support services.
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Financial planning services
- Selection of other advisers (including private fund managers)
Address
WORLD TRADE CENTER 101 WEST MAIN STREET, SUITE 700NORFOLK VA, 23510-1676
Phone number
757-625-7670
- Customizable Auto Investing
Best Robo-Advisor: M1 Finance
M1 Finance is a smart money management app with over 150,000 users and 14,000 5-star ratings. This popularity is credited to its robust platform that allows you to seamlessly invest, spend and borrow your money.
M1 Finance has 2 types of accounts: M1 Basic and M1 Plus.
The Basic account charges $0 to get you started and includes:
- Automated investment schedule
- Free checking account
- 3.5% base rate for a portfolio line of credit
The Plus account has an annual fee of $125 and includes:
- All basic account features
- 1% annual percentage yield (APY) on checking account balance
- 1% cashback on qualifying debit card purchases, no limits
- Access to a 2nd daily trade window
- 2% rate for portfolio line of credit (1.5% reduction)
Best for Team-Based Approach: Old Dominion Capital Management, Inc.
Old Dominion Capital Management (ODCM) is a wealth management firm based in Charlottesville, Virginia. The firm also has offices in McLean and Alexandria, Virginia. It manages assets for approximately 450 clients throughout the country. The firm offers all-inclusive wealth management by providing a range of financial planning services.
ODCM specializes in adopting a team-based approach to make sure that you have access to all areas of expertise. This approach helps the firm advise on anything that has to do with you and your money. The firm also coordinates with your professionals such as your attorneys, mortgage brokers and insurance agents to help you stay on top of your financial life.
Best for Retirement Planning: Campbell Wealth Management, Inc.
Campbell Wealth Management is a wealth retirement planning company in Alexandria, Virginia. The firm has been in the business for 25 years and has handled over $600 million in assets.
The firm specializes in helping people who are at retirement or nearing retirement. It offers multiple services such as:
- Income and tax planning
- Investment management
- Legacy and intergenerational planning
- Risk management
Campbell Wealth Management also offers effective retirement planning strategies specifically to help women retire confidently and comfortably.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other
- Financial planning services
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- INFORMATIONAL/EDUCATIONAL/MOTIVATIONAL WORKSHOPS
Address
330 JOHN CARLYLE STREET SUITE 400ALEXANDRIA VA, 22314
Phone number
703-535-5300
- High Net Worth Individuals
Best Portfolio Analysis: Personal Capital
Personal Capital lets you view your entire net worth by linking all your bank and investment accounts. You can use its free investment tools for budgeting, retirement planning, education planning and much more.
If you’re a high-value investor, you can have your account managed. You will need at least $100,000 in investable assets. You can get access to a financial advisor who can provide you with tax optimization strategies and a framework to meet your long- and short-term plans.
Best for Unique Investment Approach: Hunter Michael Investment Advisors, Inc.
Hunter Michael Investment Advisors (HMIA) is an investment advisory firm in Midlothian, Virginia. The firm provides investment management and pension consulting services to trustees, business owners and corporate executives.
The firm adopts a unique approach that combines its expertise in portfolio design and construction, retirement plan design and operations, and service provider review and selection.
It also provides educational assistance for plan participants to help them understand their 401(k) plan and how to invest their 401(k) assets.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Pension consulting services
- Selection of other advisers (including private fund managers)
Address
1650 HUGUENOT RD MIDLOTHIAN VA, 23113
Phone number
804-378-7640
Best for Client Service: Godsey & Gibb Wealth Management
Godsey & Gibb Wealth Management is an advisory firm located in Richmond, Virginia. The firm offers investment management, financial planning and tax services.
Godsey & Gibb specializes in offering top-notch client experience. The firm ensures frequent in-person communication with its clients. Your advisor educates you every step of the way and schedules quarterly meetings with you so that you are aware of your investment progress.
The firm’s team has an average of over 20 years in the financial industry so you can count on its experience during difficult situations.
Godsey and Gibbs is a wealth management company providing asset allocation, portfolio management and general financial planning services. The company’s investment philosophy centers on frequent in-person communication with clients. The firm provides quarterly meetings with each of its clients, allowing you to track your investing progress and ensure that your portfolio manager is carrying out your directions appropriately. You may receive service at any one of Godsey and Gibb’s locations throughout Virginia, South Carolina and Florida, and you’ll also receive a written quarterly statement detailing your manager’s outlook on next year’s investments. If you’re looking for a high degree of personal service from your investment advisor, Godsey and Gibb might be the top financial advisors for you.
- A percentage of assets under your management
- Other
- Financial planning services
- Educational seminars/workshops
Address
6806 PARAGON PL, STE 230 RICHMOND VA, 23230
Phone number
804-285-7333
Frequently Asked Questions
Can I talk to a financial advisor for free?
Yes, your first consultation with a financial advisor is free of charge.
How do you evaluate a financial advisor?
To find an advisor you can trust, you can always consult your friends, family members and colleagues. Ensure that the firm is a fiduciary which means that they look out for your interest with no hidden agenda.
Do financial advisors check your credit?
No, advisors typically don’t check your credit unless it is required.
Find a Financial Advisor in Virginia
A good financial advisor can help you achieve a financial peace of mind. They help you mitigate debt, set up an IRA account, meet your short- and long-term goals and much more. When choosing a financial advisor, make sure you consult at least 3 firms so that you can make an informed decision.
Methodology
To determine the top financial advisors in Virginia, we pored through all SEC-registered advisory firms who have an office in Virginia. To winnow down the list we only included advisors who were registered fiduciaries, had no past disclosures and have minimal personal conflicts of interest. To further break down the list to the true top advisors in the area, we gave weight to advisors that offer both investment management and planning, have no conflicts of interest, have offices in multiple states, have a wrap fee program and have over $50 million in assets under management.