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Beacon Harbor Wealth Advisors

Updated today

Client assets under management

$581,407,555

Clients

572

31% high-net worth

Advisors

5

of 8 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

114

Very High

Average account size

$1,016,447

About

Beacon Harbor Wealth Advisors provides investment management, comprehensive financial planning, and retirement-plan consulting to individuals (including high-net-worth clients), pension and profit-sharing plans, and employer-sponsored plans. The firm offers tailored portfolios guided by client-specific investment policy statements and delivers written financial plans and participant education for plan sponsors.

The firm blends active and passive management and uses a mix of fundamental, technical, cyclical and charting analysis to construct and manage discretionary portfolios. Beacon Harbor Wealth discloses the use of derivatives and options in separately managed accounts and sponsors a wrap fee program—both practices that are relatively uncommon among similar team firms.

Beacon Harbor Wealth manages about $608 million with a five-advisor team that brings prior experience at major broker-dealers and operates with a team-based model to provide coverage and business-continuity redundancy. The firm works with institutional custodians (including Charles Schwab and Trade‑PMR) to access institutional trading, block trading and custody services for client accounts.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Business ownership considerations Business exit / sale strategy Cash flow / budgeting College savings (529s, UTMA, etc.) Retirement income strategy

Fee options

Fixed

Financial planning fixed fees range from $1,000 to $50,000, negotiable

Percentage

$0 - $500,000: 1.50% $500,001 - $1,000,000: 1.25% $1,000,001+: 1.00%

Project-based

$100 per hour for Associate; $300 per hour for Principal

Other

Account minimum: $250,000

Main office location

Beacon Harbor Wealth Advisors

440 Viking Drive, Suite 200

Virginia Beach VA 23452, United States

Number of offices

1

Most active in

Arizona · Florida · Georgia · Louisiana · North Carolina · South Carolina · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Connor H

Series 65

Virginia Beach, VA

Beacon Harbor Wealth Advisors

Connor Harris is a financial advisor at Beacon Harbor Wealth Advisors in Virginia Beach, VA. He holds a Series 65 designation and has one year of industry experience. Prior to joining the firm, he worked for eight years at the United States Postal Service and spent five years at Auburn University. Beacon Harbor Wealth Advisors provides discretionary investment management and comprehensive financial planning to individuals, including high-net-worth clients, as well as pension and employer-sponsored plan consulting. The firm employs a combination of active and passive management strategies, utilizing fundamental, technical, cyclical, and charting analysis to tailor portfolios aligned with clients’ investment policies and objectives.

Business ownership considerations Business exit / sale strategy Cash flow / budgeting College savings (529s, UTMA, etc.) Retirement income strategy
user avatar

George M

Series 63, Series 65

Virginia Beach, VA

Beacon Harbor Wealth Advisors

George Macdonald is a financial advisor at Beacon Harbor Wealth Advisors with 35 years of industry experience. He holds Series 63 and Series 65 licenses and has worked for firms including Wells Fargo Clearing Services, Wells Fargo Advisors LLC, Pioneer Life Inc, National Life of Vermont Insurance, and Northwestern National Life Insurance. Macdonald is also co-owner and co-president of Beacon Harbor Wealth Advisors, where he dedicates time as CEO. Beacon Harbor Wealth Advisors provides discretionary investment management and comprehensive financial planning to individuals, including high-net-worth clients, as well as pension and employer-sponsored plan consulting. The firm utilizes a combination of active and passive management strategies, including options and covered-call strategies, to tailor portfolios according to each client’s investment objectives.

Business ownership considerations Business exit / sale strategy Cash flow / budgeting College savings (529s, UTMA, etc.) Retirement income strategy
user avatar

Connor P

Series 65

Virginia Beach, VA

Beacon Harbor Wealth Advisors

Connor Parker is a financial advisor at Beacon Harbor Wealth Advisors with nine years of industry experience. He holds a Series 65 designation and has worked at several firms, including AE Wealth Management and Kenneth Porter & Company. Outside of his advisory role, he owns and operates Parker Insurance, LLC, where he works as an insurance producer. Beacon Harbor Wealth Advisors serves individuals, including high-net-worth clients, and provides pension and employer-sponsored plan consulting. The firm employs a combination of active and passive management strategies and offers discretionary investment management alongside non-discretionary pension consulting and plan advisory services.

Business ownership considerations Business exit / sale strategy Cash flow / budgeting College savings (529s, UTMA, etc.) Retirement income strategy
user avatar

Maury S

Series 66

Virginia Beach, VA

Beacon Harbor Wealth Advisors

Maury Stone is a financial advisor at Beacon Harbor Wealth Advisors in Virginia Beach, VA, holding a Series 66 designation with 11 years of industry experience. His prior work includes roles at Wells Fargo Clearing Services, LLC and Wells Fargo Advisors, LLC. Beacon Harbor Wealth Advisors provides discretionary investment management and comprehensive financial planning for individuals, including high-net-worth clients, as well as pension and employer-sponsored plan consulting. The firm combines active and passive management with multiple analytical approaches to construct tailored portfolios and offers specialized services such as wrap fee programs and derivatives strategies within separately managed accounts.

Business ownership considerations Business exit / sale strategy Cash flow / budgeting College savings (529s, UTMA, etc.) Retirement income strategy
user avatar

Jeremy I

CFA®, Series 66

Virginia Beach, VA

Beacon Harbor Wealth Advisors

Jeremy Ingram is a CFA® charterholder with 25 years of industry experience. He has been with Beacon Harbor Wealth Advisors since 2019 and previously worked at Wells Fargo Clearing and Wells Fargo Advisors LLC. Outside of his advisory role, he serves as head wrestling coach at Norfolk Christian High School and is treasurer of the Dunlap Garrick Community Foundation. Beacon Harbor Wealth Advisors provides discretionary investment management and comprehensive financial planning to individuals, including high-net-worth clients, as well as pension and employer-sponsored plan consulting. The firm employs a combination of active and passive management strategies, incorporating fundamental and technical analysis to tailor portfolios aligned with client objectives.

Business ownership considerations Business exit / sale strategy Cash flow / budgeting College savings (529s, UTMA, etc.) Retirement income strategy
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