Dominion Wealth Management, LLC logo

Dominion Wealth Management, LLC

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Client assets under management

$59,973,738

Clients

144

10% high-net worth

Advisors

3

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

48

Typical

Average account size

$416,484

About

Dominion Wealth Management provides discretionary investment management and portfolio monitoring to high‑net‑worth and non‑HNW individuals as well as corporate clients, and delivers basic financial planning as part of its asset‑based services. The firm offers investment management exclusively through a wrap‑fee program, may allocate assets to third‑party money managers, and provides retirement plan participant account management using a third‑party order management platform for held‑away defined‑contribution accounts.

Investment decisions are implemented under a limited power of attorney and are tailored to each client’s stated objectives, risk tolerance, and financial circumstances, with at least annual reviews and ad‑hoc rebalances as needed. Dominion Wealth employs strategic asset allocation, security selection, quantitative and computer‑based analysis, and third‑party software and vendors to analyze holdings and prepare performance reporting.

Noteworthy features that distinguish the firm from many peers include operating solely as a wrap‑fee program sponsor and billing for third‑party manager fees within that wrap structure, the disclosed affiliation with local accounting firms, and the fact that certain personnel are licensed insurance agents who may receive commissions; the brochure identifies these relationships and related conflicts of interest. The firm’s use of a specific held‑away platform (Pontera) for retirement plan participant management and its reliance on third‑party vendors for performance reports are additional operational details that are less common among similarly sized advisers.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Active portfolio management Options & derivatives strategies

Fee options

Percentage

$0 - $250,000: 1.39% $250,001 - $500,000: 1.29% $500,001 - $1,000,000: 1.19% $1,000,001 - $2,500,000: 1.09% Over $2,500,000+: 1.00%

Commissions

Commissions received for insurance products sold by advisory professionals.

Main office location

Dominion Wealth Management, LLC

4014 Oleander Dr., Suite 103

Wilmington NC 28403, United States

Number of offices

2

Most active in

North Carolina · South Carolina

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

Steven G

Series 66

Wilmington, NC

Dominion Wealth Management, LLC

Steven Goodman is a financial advisor at Dominion Wealth Management, LLC with five years of industry experience. He holds the Series 66 designation and has worked at several firms including CoreCap Advisors, Alphastar Capital Management, and Fidelity Investments. Dominion Wealth Management provides discretionary investment management and financial planning services to high-net-worth individuals and corporations, managing approximately $55 million in assets for 124 clients. The firm utilizes a quantitative investment process focused on strategic asset allocation and security selection, delivering services primarily through a wrap fee program.

Active portfolio management Options & derivatives strategies
user avatar

Gregory A

Series 66

Wilmington, NC

Dominion Wealth Management, LLC

Gregory Adams is a financial advisor at Dominion Wealth Management, LLC with 12 years of industry experience. He holds a Series 66 designation and has worked at Dominion since 2021, previously affiliated with Avantax Advisory Services and 1 St Global Advisors. Outside of advisory work, Adams is a shareholder in Thompson, Price, Scott, Adams & Co., a CPA firm where he has been involved since 1994. Dominion Wealth Management provides discretionary investment management and financial planning primarily for high-net-worth individuals and corporations. The firm employs a quantitative investment approach with strategic asset allocation and ongoing monitoring, managing approximately $55 million in assets for 124 clients.

Active portfolio management Options & derivatives strategies
user avatar

Alan T

Series 66

Wilmington, NC

Dominion Wealth Management, LLC

Alan Thompson is a financial advisor at Dominion Wealth Management, LLC with 26 years of industry experience. He holds a Series 66 credential and has worked at several firms including Avantax Investment Services and 1st Global Capital Corp. Outside of his advisory role, he is the managing member of Thompson, Price, Scott & Adams CPA firm and is involved in multiple business ventures including medical billing services and valuation management. Dominion Wealth Management provides discretionary investment management and basic financial planning to high-net-worth individuals and corporations, managing approximately $55 million in assets. The firm utilizes a quantitative investment process focused on strategic asset allocation and ongoing portfolio monitoring.

Active portfolio management Options & derivatives strategies
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