Dover Advisors, LLC logo

Dover Advisors, LLC

Updated today

Client assets under management

$375,711,463

Clients

128

57% high-net worth

Advisors

6

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

21

Very Low

Average account size

$2,935,246

About

Dover Advisors serves individuals, high net worth clients, families, trusts, estates, and businesses, managing about $375.7 million across accounts and a six-advisor team. The firm offers wealth management, discretionary and non-discretionary portfolio management, and financial planning using tools such as MoneyGuidePro, and may introduce clients to independent managers or custodial lending programs.

The firm’s investment approach is primarily long‑term and customized, building portfolios from ETFs, individual stocks and bonds, mutual funds, and alternative/private investments while monitoring and rebalancing to client goals and risk tolerances. Dover Advisors may also employ covered options and other derivatives as part of portfolio implementation, and it oversees accounts for ERISA and IRA rollover guidance and other retirement planning needs.

Dover’s brochure discloses performance reporting and the use of hypothetical performance scenarios in its materials, a marketing practice that is less common among comparable team firms. The firm’s explicit use of covered options/derivatives in client accounts and its combination of a relatively young firm (formed 2022) with substantial AUM are noteworthy features; the brochure also discloses that some advisory personnel are licensed to sell insurance products, which creates potential conflicts of interest disclosed in the document.

Client services

Financial planning Portfolio management

Expertise

Active portfolio management Options & derivatives strategies Private / alternative investments

Fee options

Fixed

Fixed annual fees may be charged in certain circumstances; no specific amounts stated

Percentage

$0+: 0.30% annually +: 1.25% annually

Project-based

Hourly charges reported in SEC Part 1 but no specific hourly rates stated in brochure

Main office location

Dover Advisors, LLC

Richmond VA, United States

Number of offices

2

Most active in

Florida · Georgia · North Carolina · 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

John Mason A

Series 65

Richmond, VA

Dover Advisors, LLC

John Mason Antrim is a financial advisor at Dover Advisors, LLC with three years of industry experience. He holds a Series 65 designation and previously worked at Middleburg Trust Company for 23 years before retiring in 2020. Dover Advisors provides wealth management, investment management, and financial planning services to individuals, high-net-worth clients, families, trusts, estates, and businesses. The firm employs a primarily long-term investment approach using fundamental and technical analysis and offers access to a range of investment vehicles, including ETFs, individual stocks and bonds, mutual funds, and alternative investments.

Active portfolio management Options & derivatives strategies Private / alternative investments
user avatar

Edward V

Series 65

Richmond, VA

Dover Advisors, LLC

Edward Valentine is a financial advisor at Dover Advisors, LLC in Richmond, VA, holding a Series 65 designation with one year of industry experience. Prior to joining Dover Advisors in 2025, he worked at CSC Leasing from 2019 to 2024. Dover Advisors provides wealth management, investment management, and financial planning services to individuals, high-net-worth clients, families, trusts, estates, and businesses. The firm manages approximately $332.6 million in assets, using a long-term investment approach that includes fundamental and technical analysis across a range of securities and alternative investments.

Active portfolio management Options & derivatives strategies Private / alternative investments
user avatar

Maxwell W

Series 65

Richmond, VA

Dover Advisors, LLC

Maxwell Wallace is a financial advisor at Dover Advisors, LLC in Richmond, VA, holding a Series 65 designation with 27 years of industry experience. He worked for Atlantic Union Bank (formerly Middleburg Financial / Middleburg Trust) for 25 years before joining Dover Advisors in 2022. Dover Advisors provides wealth management, investment management, and financial planning services to individuals, high-net-worth clients, families, trusts, estates, and businesses. The firm employs a primarily long-term investment approach using fundamental and technical analysis across a range of securities and maintains approximately $332.6 million in assets under management as of December 31, 2024.

Active portfolio management Options & derivatives strategies Private / alternative investments
user avatar

Jesse E

Series 65

Richmond, VA

Dover Advisors, LLC

Jesse Ellington is a financial advisor at Dover Advisors, LLC with eight years of industry experience. He holds the Series 65 designation and previously worked at Atlantic Union Bank and LTB Wealth, LLC. He has been with Dover Advisors since 2022. Dover Advisors provides wealth management, investment management, and financial planning services to individuals, high-net-worth clients, families, trusts, estates, and businesses. The firm employs a long-term investment approach using fundamental and technical analysis across a range of asset types and discloses both hypothetical and historical performance results, incorporating derivatives in separately managed accounts when appropriate.

Active portfolio management Options & derivatives strategies Private / alternative investments
user avatar

James A

CFP®, Series 63

Richmond, VA

Dover Advisors, LLC

James Abbe is a CFP® certificant with three years of industry experience, currently serving as an advisor at Dover Advisors, LLC since 2022. Prior to joining Dover Advisors, he worked for over two decades at Tredegar Trust Company, Middleburg Trust Company, and Atlantic Union. Dover Advisors, LLC is a team-based firm managing approximately $332.6 million in assets that provides wealth management, investment management, and financial planning services to individuals, high-net-worth clients, families, trusts, estates, and businesses. The firm employs a primarily long-term investment approach using fundamental and technical analysis and incorporates a range of investment vehicles, including ETFs, stocks, bonds, mutual funds, and derivatives.

Active portfolio management Options & derivatives strategies Private / alternative investments
user avatar

Bruce F

Series 63, Series 65

Atlanta, GA

Dover Advisors, LLC

Bruce Faurot is a financial advisor with Dover Advisors, LLC in Atlanta, GA, holding Series 63 and Series 65 licenses. He has 40 years of industry experience, including 20 years at Janney Montgomery Scott LLC prior to joining Dover Advisors in 2023. Faurot is also a licensed insurance agent involved in the sale of life insurance policies. Dover Advisors provides wealth management, investment management, and financial planning services to individuals, high-net-worth clients, families, trusts, estates, and businesses. The firm employs a long-term investment approach using fundamental and technical analysis across a variety of asset classes and offers both hypothetical and historical performance disclosures, as well as the use of derivatives in separately managed accounts.

Active portfolio management Options & derivatives strategies Private / alternative investments
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