Virginia Wealth Management Group, Inc.

Virginia Wealth Management Group, Inc. is a fee-only registered investment adviser established in 2020, owned by Stephen Saal and Scott Saal. The firm offers personalized investment management and financial advisory services to individual investors, operating under a fiduciary standard of care. Their wrap fee program charges a maximum annual advisory fee of 1% based on assets under management, payable quarterly. Clients utilizing the Private Advisor Network Program also pay fees to third-party managers. Virginia Wealth Management may negotiate fees based on specific client circumstances. The firm offers portfolio management services through a wrap program, tailoring strategies to individual needs and goals. They may utilize third-party money managers and provide financial planning and consulting services. Investment strategies include a mix of active and passive strategies, with a focus on risk-adjusted, tax-efficient, and cost-effective asset allocation. The firm discloses risks related to investment strategies, operational aspects, economic conditions, and cybersecurity. Virginia Wealth Management does not charge performance-based fees or engage in side-by-side management. Clients have discretion over their accounts, with periodic reviews and the option for a global consolidated report. The firm does not pay referral fees and discloses financial information transparently.