Financial planners in Richmond can help with planning for the future by setting goals, estimating expenses, and overseeing savings accounts. They may also help develop an investment strategy to maximize returns on investments.
Financial advisors offer fee-only financial planning and investment management while acting as fiduciaries on their client’s behalf.
Verus Financial Partners
Verus Financial Partners is an exceptional investment advisory firm catering to high-net-worth individuals. Offering customized financial solutions tailored to each client’s individual needs, Verus provides services like financial planning, taxation consulting, and investment management—including asset-based fees such as hourly or fixed rates—in addition to asset-based fees that combine various services into one lump sum fee structure. Verus does not participate in wrap fee programs, which combine multiple services into a single fee structure.
This company boasts a team of skilled professionals who work closely with each client to develop a tailored financial plan aligning with their goals and long-term financial objectives. Their clients include corporate executives, medical and university professionals, and financially independent retirees. Alongside offering investment and retirement planning advice, they provide taxation consulting, estate planning advice, and nontraditional investments such as private equity or real estate investments.
Established in 1992, this fee-only registered investment advisory firm offers impartial investment advice without conflicts of interest associated with commission-based advisors. The client’s average account size is $434,820, and the firm offers discretionary management. It is headquartered in Richmond, Virginia, but it serves investors across the U.S.
This firm specializes in helping its clients realize their financial dreams. An in-house team of financial planners richmond and tax specialists collaborates to tailor strategies to each client’s specific needs and goals while offering exceptional customer service.
Verus Financial Partners stands out among 1657 competitors, boasting a Tracxn score of 24/100. The firm has raised $424 Million and received backing from FTV Capital.
Financial planners provide essential assistance with the complexities of personal finances. They can create a strategy for reaching both short-term and long-term goals, such as paying off debt, saving for retirement, or purchasing a home. Most importantly, however, they help clients make informed decisions regarding their money while protecting it against fraud.
Kanawha Capital Management
Kanawha Capital Management provides wealth and investment management services. Their comprehensive financial planning approach and informed portfolio management create customized portfolios tailored to individual risk, return, and income goals – serving families, individuals, endowments, foundations, and pension and retirement accounts. Their headquarters is in Richmond, Virginia.
Services provided include goal-driven investing, creating and implementing Wealthcare plans, and tax-efficient model portfolios. Furthermore, this firm offers exchange-traded securities (ETSs) and investment-grade corporate bonds. Its fee structure comprises both percentage-of-assets managed and fixed fees, and clients in the United States are served. It is a registered investment adviser.
Wills Financial Group
Wills Financial Group of Richmond, Virginia, offers financial planning and portfolio management for individuals and small businesses. It currently manages $304 million across 683 client accounts, with fees covering asset-based and hourly charges. Its operations extend into Pennsylvania, Texas, and Virginia.
The company offers services designed to provide long-term financial support for families, along with financial planning, estate planning, investment advice, and staff availability for any questions or issues related to education savings plans, life insurance, and other vital matters about finances.
Janet Howard Wills, President. With more than three decades of experience in the financial industry and holding Series 63 and 65 licenses, Janet is a registered investment advisor in Virginia and is part of both the National Association of Personal Financial Advisors and the Society of Trust and Estate Practitioners. Born and raised in Richmond, Virginia, she is married and a mother to two. She is a skiing/golfing enthusiast who also loves spending time with her family, and volunteering her time within her community is her hobby of choice.
Canal Capital Management
Canal Capital Management LLC is an investment advisory service company. It provides portfolio management, financial planning, and selection services for other advisers, as well as managing pooled investments, tax preparation, and family office services for clients throughout the U.S.
The firm offers debt and equity investments of up to $7 million for small businesses looking for growth capital and operational support, helping them maximize their potential. Their team of industry professionals has owned, operated, built, and sold businesses similar to those targeted by this investment firm and specializes in using these relationships to expand opportunities while improving operational efficiencies.
Canal’s approach entails conducting an in-depth examination of each company’s business model, operations, and market opportunity. With access to an expansive network of independent advisors, senior lenders, investment bankers, and accountants – including former entrepreneurs who funded, built, and managed canals to transport products into profitable markets – this firm can access opportunities often unavailable elsewhere. Hence its name.
This firm manages several private funds and advises a portfolio of private investments for non-related parties with a minimum investment commitment of $250,000. Their private funds require a non-related minimum commitment of $250,000 in investment from non-related persons to begin. With 8 full-time employees and 6 part-time workers on staff, it boasts 8 full-time positions as well. Canal Capital Management derives its revenue through fees charged to investors for managing their assets and investment strategies, including the percentage of assets under management fees, hourly charges, fixed fees, and performance-based fees. It also earns income through sales of certain financial products; its assets span exchange-traded securities, direct investments, and pooled investment vehicles. Canal Capital Management’s headquarters can be found in Richmond, Virginia.
