Toth Financial Advisory Corp logo

Toth Financial Advisory Corp

Updated today

Client assets under management

$1,081,532,487

Clients

647

52% high-net worth

Advisors

10

of 18 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

65

Typical

Average account size

$1,671,611

About

Toth Financial Advisory provides discretionary portfolio management and related advisory services to high‑net‑worth individuals, trusts and estates, pension and profit‑sharing plans, and other legal entities, and also offers advisory services to a private pooled investment vehicle. The firm manages over $1 billion in client assets and provides both individual account management and services for employer‑sponsored and held‑away accounts through third‑party platforms.

Its investment approach emphasizes fundamental analysis and a buy‑and‑hold orientation, with client portfolios typically concentrated in common stocks of U.S. companies that have demonstrated earnings and revenue growth; portfolio supervision is guided by client objectives and periodic performance reporting. The firm also adjusts the mix of stocks, bonds, and other instruments based on its assessment of the U.S. economy and employs a range of tools — including leveraged ETFs, margin, options, and short sales — that can increase risk relative to more conservative wealth managers.

What distinguishes the firm from most peers is that it serves as the general partner and investment manager to a private fund and charges performance‑based compensation for that pooled vehicle, a combination that is uncommon among similar team firms and which the firm notes can create potential conflicts of interest it manages through internal procedures. The firm’s investment team includes multiple portfolio managers with prior military and operational backgrounds and a range of professional licenses and advanced degrees, reflecting an organizational profile that differs from many single‑advisor or purely retail‑focused teams.

Client services

Portfolio management

Expertise

Active portfolio management Concentrated stock management

Occupation focus

Retired

Fee options

Percentage

$0 - $1,000,000: 1.30% per annum $1,000,000 - $1,750,000: 1.20% per annum $1,750,000 - $2,500,000: 1.10% per annum $2,500,000 - $3,750,000: 1.00% per annum $3,750,000 - $5,000,000: 0.90% per annum $5,000,000 - $10,000,000: 0.80% per annum $10,000,000 - $25,000,000: 0.70% per annum $25,000,000 - $50,000,000: 0.60% per annum $50,000,000 - $100,000,000: 0.50% per annum $100,000,000+: 0.40% per annum

Commissions

Insurance products sold by certain employees on a commission basis; less than 5% of working hours

Performance-based

20% profit allocation on net realized and unrealized profits of Fund clients with a 9.2% preferred return and high-water mark

Other

Account minimum: $1,000,000 Minimum fee: $250 minimum fee per account for 401(k) recommendations

Main office location

Toth Financial Advisory Corp

608 South King Street, Suite 300

Leesburg VA 20175, United States

Number of offices

1

Most active in

Alaska · Arizona · California · Colorado · District of Columbia · Florida · Georgia · Maryland · Missouri · North Carolina · Ohio · Oklahoma · Pennsylvania · South Carolina · Tennessee · Texas · Virginia · West 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

Joseph S

Series 65

Leesburg, VA

Toth Financial Advisory Corp

Joseph Scanlan is a financial advisor at Toth Financial Advisory Corp with a Series 65 designation and over a decade of experience in the industry. He previously worked at Lowers Risk Group for ten years and operated Scanlan Consulting for one year before joining his current firm. Toth Financial Advisory Corp provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, and also manages a private pooled investment vehicle. The firm employs a fundamental, buy-and-hold investment approach combined with the use of leverage and macroeconomic asset allocation adjustments, catering to sophisticated investors.

Active portfolio management Concentrated stock management Retired
user avatar

Kenneth B

Series 65

Leesburg, VA

Toth Financial Advisory Corp

Kenneth Bowen is a Series 65-licensed financial advisor with 12 years of industry experience. He has been with Toth Financial Advisory Corp since 2013. Toth Financial Advisory Corp provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, as well as investors through a private pooled vehicle. The firm manages approximately $1 billion in assets and employs a fundamental, buy-and-hold investment approach combined with leveraged instruments and macroeconomic adjustments, catering to sophisticated investors.

Active portfolio management Concentrated stock management Retired
user avatar

Kevin A

Series 65

Leesburg, VA

Toth Financial Advisory Corp

Kevin Arbogast is a financial advisor at Toth Financial Advisory Corp in Leesburg, VA, holding a Series 65 designation with 14 years of industry experience. He has been with Toth Financial Advisory Corporation since 2010. Toth Financial provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, managing approximately $1 billion in client assets. The firm combines fundamental company analysis with a buy-and-hold strategy and incorporates leverage and macroeconomic views in managing both individual accounts and a private pooled investment vehicle.

Active portfolio management Concentrated stock management Retired
user avatar

Stephanie M

Series 65

Leesburg, VA

Toth Financial Advisory Corp

Stephanie Muskovac is a financial advisor at Toth Financial Advisory Corp with a Series 65 designation and two years of industry experience. Prior to joining Toth Financial in 2022, she served in the United States Navy from 2014 to 2022. Toth Financial Advisory Corp provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, managing approximately $1 billion in client assets. The firm employs a buy-and-hold investment approach focused on fundamental analysis and economic cycle assessments, and it also acts as the general partner to a private pooled investment vehicle with a performance-based compensation structure.

Active portfolio management Concentrated stock management Retired
user avatar

Todd P

Series 65

Leesburg, VA

Toth Financial Advisory Corp

Todd Pettibon is a financial advisor at Toth Financial Advisory Corporation in Leesburg, VA, holding a Series 65 license with five years of industry experience. Prior to joining Toth Financial in 2020, he worked at Deloitte Consulting and served in the United States Navy from 1993 to 2019. Toth Financial provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, managing approximately $1 billion in client assets. The firm emphasizes fundamental analysis and a buy-and-hold investment approach, incorporating leverage and options as part of its strategy, and operates a private pooled investment vehicle with performance-based compensation.

Active portfolio management Concentrated stock management Retired
user avatar

Wesley K

Series 63, Series 65

Leesburg, VA

Toth Financial Advisory Corp

Wesley Kabance is a financial advisor at Toth Financial Advisory Corp in Leesburg, VA, with 31 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Toth Financial since 2019, following a 28-year tenure at American Century Investment Services Inc. Toth Financial Advisory Corp provides discretionary investment management primarily to high-net-worth individuals, trusts, and retirement plans, managing approximately $1 billion in client assets. The firm employs a fundamental, buy-and-hold investment approach combined with tactical use of margin, leveraged ETFs, and options, and operates a private pooled investment vehicle with performance-based compensation.

Active portfolio management Concentrated stock management Retired
user avatar

Jordan S

Series 65

Leesburg, VA

Toth Financial Advisory Corp

Jordan Sorrenti is a financial advisor at Toth Financial Advisory Corp with a Series 65 credential and four years of industry experience. He has been with Toth Financial since 2019 and served in the U.S. Army from 2012 to 2019. Toth Financial provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, also serving investors through a private pooled vehicle. The firm employs a fundamental, buy-and-hold investment approach combined with margin, leveraged ETFs, and options, managing roughly $1 billion in client assets.

Active portfolio management Concentrated stock management Retired
user avatar

Brawn S

CFP®, Series 63, Series 65

Leesburg, VA

Toth Financial Advisory Corp

Brawn Sproul is a CFP® with 35 years of industry experience and has been with Toth Financial Advisory Corp since 2006. He holds Series 63 and Series 65 licenses and is based in Leesburg, VA. Toth Financial Advisory Corp provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, also serving investors through a private pooled vehicle. The firm employs a fundamental analysis-driven, buy-and-hold investment approach combined with the use of margin, leveraged ETFs, options, and macroeconomic asset allocation adjustments.

Active portfolio management Concentrated stock management Retired
user avatar

Thomas T

Series 63, Series 65

Leesburg, VA

Toth Financial Advisory Corp

Thomas Toth is a financial advisor with Toth Financial Advisory Corp in Leesburg, VA, holding Series 63 and Series 65 credentials and bringing 41 years of industry experience. He has been affiliated with Toth and Associates, Inc. and Toth Financial Advisory Corporation since 1986. Outside of his advisory role, he is a managing member of two non-investment related entities focused on commercial property development and aircraft leasing. Toth Financial Advisory Corp provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, as well as investors through a private pooled vehicle. The firm employs a fundamental, buy-and-hold investment approach with adjustments based on economic cycle assessments and uses leverage and other instruments, serving sophisticated investors with approximately $1 billion in assets under management.

Active portfolio management Concentrated stock management Retired
user avatar

Thomas B

Series 63, Series 65

Leesburg, VA

Toth Financial Advisory Corp

Thomas Bowman is a financial advisor at Toth Financial Advisory Corp with 25 years of industry experience. He has been with the firm since 2000 and holds Series 63 and Series 65 licenses. Toth Financial Advisory Corp provides discretionary investment management primarily to high-net-worth individuals, related trusts, and retirement plans, in addition to serving investors through a private pooled vehicle. The firm’s investment approach combines fundamental analysis with a buy-and-hold strategy, using leverage and other instruments within a framework guided by economic cycle assessments.

Active portfolio management Concentrated stock management Retired
Warmer team member

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")