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Virginia Wealth Management Group, Inc.

Updated today

Client assets under management

$393,390,501

Clients

117

36% high-net worth

Advisors

3

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

39

Low

Average account size

$3,362,312

About

Virginia Wealth Management provides investment management, financial planning and consulting, trustee and fiduciary services to individuals, high‑net‑worth clients, trusts, businesses and other entities. The firm delivers both discretionary portfolio management and limited non‑discretionary advice, and may advise on or implement allocations to independent managers and employer‑sponsored plans.

The firm constructs risk‑adjusted, tax‑aware asset allocations using a mix of active and passive strategies across equities, fixed income, ETFs, mutual funds and separately managed accounts, and periodically reviews and rebalances portfolios to reflect clients’ goals and risk profiles. Financial planning engagements include cash‑flow analysis and risk‑capacity simulations, and the firm integrates planning outcomes into portfolio design and manager selection where appropriate.

Notable distinctions include serving as a sponsor of a wrap fee program and relying on TradePMR/First Clearing and Wells Fargo’s Private Advisor Network for custody and manager access, arrangements the firm discloses and monitors for conflicts of interest. The firm also advertises third‑party ratings in its materials and participates in TradePMR’s asset‑match promotional program (with multi‑year earn‑out and early‑removal terms disclosed), features that are less common among similarly sized supported firms.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Concentrated stock management Tax-loss harvesting Divorce financial planning Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Executive Founder/Business Owner

Demographic focus

Mid-Career Professionals

Fee options

Fixed

Fixed fees for financial planning and consulting services (amounts vary)

Percentage

1.00% annually

Project-based

Up to $500 per hour

Other

Fee-only: Fee-only basis, fees vary by service

Main office location

Virginia Wealth Management Group, Inc.

4460 Corporation Lane, Suite 180

Virginia Beach VA 23462, United States

Number of offices

1

Most active in

Florida · 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

Scott S

CFP®, Series 66

Virginia Beach, VA

Virginia Wealth Management Group, Inc.

Scott Saal is a CFP® professional with 16 years of industry experience, currently serving at Virginia Wealth Management Group, Inc. since 2021. He previously worked at Wells Fargo Advisors Financial Network LLC for 12 years. Saal is a 50% owner and manager of VWMG Partners, LLC, a trading strategy testing business. Virginia Wealth Management Group provides investment management, financial planning, and fiduciary services to individuals, high-net-worth clients, trusts, businesses, and other entities. The firm employs a risk-adjusted, tax-aware approach combining active and passive strategies across multiple asset classes and integrates financial planning outcomes into portfolio design and manager selection.

Concentrated stock management Tax-loss harvesting Divorce financial planning Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner Mid-Career Professionals
user avatar

Wade W

Series 65

Virginia Beach, VA

Virginia Wealth Management Group, Inc.

Wade Williard is a financial advisor at Virginia Wealth Management Group, Inc. with three years of industry experience. He holds a Series 65 designation and has worked in various roles prior to his current position, including at Paramount Builders and several hospitality and outdoor-related businesses. Virginia Wealth Management Group provides investment management, financial planning, and fiduciary services to individuals, high-net-worth clients, trusts, and businesses. The firm employs a mix of active and passive strategies tailored to clients’ risk profiles and integrates financial planning outcomes into portfolio design and manager selection.

Concentrated stock management Tax-loss harvesting Divorce financial planning Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner Mid-Career Professionals
user avatar

Stephen S

Series 63, Series 65

Virginia Beach, VA

Virginia Wealth Management Group, Inc.

Stephen Saal is a financial advisor at Virginia Wealth Management Group, Inc. with 45 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked for Wells Fargo Advisors Financial Network LLC for 12 years. He is a 50% owner of VWMG Partners, LLC. Virginia Wealth Management Group provides investment management, financial planning, and fiduciary services to individuals, high-net-worth clients, trusts, and businesses. The firm employs a risk-adjusted, tax-aware approach using both active and passive strategies and integrates financial planning outcomes into portfolio construction.

Concentrated stock management Tax-loss harvesting Divorce financial planning Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner Mid-Career Professionals
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