Top Financial Advisors in Virginia Beach, VA

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Financial Security Advisory is a fee-based firm. Clients can choose from financial planning and investment strategies. While there isn’t an asset minimum requirement, clients are subject to a $1,200 minimum annual fee.

The firm's clients are primarily individuals who don't have a high net worth. It also serves high-net-worth individuals, pension and profit-sharing plans, charities and corporations or business entities.

Similar to many financial advisor firms, Financial Security Advisory believes in asset allocation as a bedrock of its investment strategy. Advisors try to find the right mix of securities, fixed income and cash to suit a client's investment objectives, risk tolerance, time horizon and cash flow needs.

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Beacon Harbor Wealth Advisors works almost exclusively with individuals, and most of those individuals do not have a high net worth. It also works with charities and businesses. The firm has a $250,000 minimum account size requirement, but Beacon Harbor says it can accept clients under that requirement.

Beacon Harbor provides its clients with investment management and financial planning services. Its financial planning services include a wide range of focuses that includes business planning, estate planning, investment analsyis, retirement planning, tax planning and risk management. 

Advisors at Beacon Harbor use fundamental, technical, charting and cyclical analysis to help inform their investment decisions. They also use a combination of active and passive management techniques. The firm may also use unaffiliated investment managers to help build client portfolios. 

Beacon Harbor, like many other firms, tailors its investment strategies based on each of its clients. Advisors work with clients to determine an overall financial profil, taking into account risk tolerance, financial goals, investment history, time horizon and any other relevant information.

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Compton Wealth Advisory Group provides investment management services to both non-high-net-worth and high-net-worth individuals, as well as charities and corporations. While the firm does not impose a minimum account size requirement, third-party investment managers may impose their own requirements.

Services offered by the firm include financial planning and investment advisory and management services. Financial planning services cover topics including retirement, education funding, insurance and estate planning.

Compton Wealth Advisory Group starts the process by holding an initial meeting with each prospective client. During this meeting, the firm explains its services and both its own responsibilities and those of client. If both parties decide to proceed, the firm will then learn more about the client's financial situation and help the client to define his or her goals, objectives and risk tolerance. This will include retirement goals, income needs, education funding, family legacy or estate planning, charitable gifting, tax considerations and risk tolerance.

Compton will then determine appropriate investment strategies based on the above information. Once it has the client's approval, it will implement its plan. The firm meets regularly with clients to discuss progress and also provides quarterly account statements through Schwab.

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Virginia Wealth Management Group works with both non-high-net-worth and high-net-worth individual clients, as well as charities and corporations. Virginia Wealth Management Group is a fee-only firm, so advisors don't earn commissions that could be considered a conflict of interest. There is no set account minimum for opening an account with the firm.

Virginia Wealth Management Group works with clients to provide individualized investment management services, and they take particular pride in their individualized approach.

Virginia Wealth Management Group is steadfast in its belief that providing a tailored approach for every client based on their financial situation is the key to success. Advisors work one-on-one with clients to determine their overall financial situation and then use that information to guide the financial advisory process. 

When it comes to populating client portfolios, advisors typically use a mix of equities, debt, exchange-traded funds (ETFs) and mutual funds. Strategies are always designed to be risk appropriate, cost effective and tax efficient.

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Wealthtrak Capital Management, which does business as Wealthtrak Advisors, is a fee-based advisory firm that serves both high-net-worth individuals and non-high-net-worth individuals, as well as charities and businesses. Today, Wealthtrak Advisors offers clients a variety of services, including portfolio managment, financial planning, pension consulting and more.

Clients are charged a percentage of assets under management, which can range from 0.45% to 1.95% annually.

As with other firms, Wealthtrak Advisors says that it makes financial recommendations based on a client’s objectives, risk tolerance and time horizon, among other considerations. Investments commonly used by Wealthtrak Advisors include individual stocks, bonds, mutual funds and exchange traded funds (ETFs), among other investments.

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Gratus Wealth Advisors financial planning, investment advisory, retirement plan consulting and more services to a variety of clients. The types of clients the firm works with includes individuals, high-net-worth individuals, non-profit organizations, corporations and other business entities. The firm requires one of the largest minimum investments on the list at $1,000,000. However, this can be waived with a minimum quarterly fee paid of $2,500. 

The firm charges a negotiable fee based on the total number of assets under management (AUM) invested at the firm. While that fee may vary, the firm's Form ADV points out that it will not exceed 1.35% of the annaul amount of AUM invested. Annual ongoing fees will not exceed $50,000 while hourly fees can vary up to $500. 

While the firm looks to work direclty with teh needs of each individual client, its advisors use a variety of methods of analysis and investment strategies. These may include fundamental analysis, modern portfolio theory, long-term investment strategy and short-term strategy. 

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Bay Capital Advisors is a fee-only financial advisory firm that works with indviduals, high-net-worth individuals, business entities and charitable organizations. The firm does have a minimum investment of $1,000,000 to get started, which is pretty high compared to other firms on this list. Bay Capital offers portfolio management, financial planning and other project-based services. 

The firm's fee structure is an hourly fee for projects related to investment analysis and corporate planning services, a fixed fee for financial planning that ranges from $3,500 to $10,000, or it is a percentage of the assets under management (AUM) invested with the firm. The fee for portfolio management is typically 1% of the annual AUM. 

Portfolios at the firm are typically analyzed every quarter for changes or the need to rebalance. The firm uses a number of types of analysis that includes cyclical, fundamental and geo-political. Investment strategies can vary and does not fully follow modern portfolio theory in the management of client portfolios.

Some general practices adopted in portfolio management at the firm includes long-term purchases, short-term purchases, trading, short sales, margin transactions and option writing. The firm uses a variety of investment strategies that aim to match the needs and goals of each client. 

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Apforia is a fee-only firm that has the lowest amount of assets under management (AUM) on our list. The firm offers investment management services, comprehensive financial planning and project-based financial planning services to individuals and high-net-worth indviduals. 

The fee for investment management services depends on the amount of assets under management invested with the firm. This fee is a percentage of the total AUM, paid annually, and ranges from 0.25% to 2.00%. Some services may require a $1,200 onboarding fee. Other services outside of investment management may require a flat fee that depends on the service, but the firm does not typically receive a performance-based fee. 

The firm uses a variety of analysis methods to choose investments for each individual client. Some examples include the Modern Portfolio Theory, quantitative analysis and fundamental analysis. 

Cook Financial Designs is a fee-based advisory firm that offers a variety of services to individuals and high-net-worth indviduals. These services include financial plan perparation, ongoing financial planning, project-based financial advisory and investment management. 

The client's fee may be based on the scope and complexity of the client's financial situation. Some of these factors may include whether assets are handled in multiple states or whether the client owns one or more businesses. Creating a financial plan with the firm ranges from $1,800 to $10,000 while project-based financial advisory services ranges from $1,000 to $10,000. 

The firm aims to manage the portfolio of each client in a manner that is consistent with their financial goals and objectives. Investments may vary for that reason but often can include mutual funds, equity securities, debt securities, ETFs, CDs, fixed annuities and more. 

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Henderson Financial Group is a fee-based advisory firm that offers wealth management, investment management and financial planning services to a variety of clients. The firm works with individuals, high-net-worth indvidiuals, corporations, other business types, charitable organizations and certain pension plans. 

For financial planning, the firm's fee can range widely from $0 to $50,000. The firm may charge an hourly fee of $350 for some of this type of work. For stand-alone investment management, the firm charges a percentage of the total assets under management (AUM) invested at the firm. This fee amount ranges from 0.55% to 1.35% of the total AUM annually. The more that is invested, the less the fee percentage becomes. 

The firm primarily uses fundamental analysis and the principles of modern portfolio theory when choosing investments for client accounts. A variety of invetsment strategies might be used by the firm, including passive and active investment management, faith-based investing, variable annuities and third-party management.