{"url":"https://nivawealth.com/firms/beacon-wealth-consultants-154939","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154939","regulatoryAum":278261194,"crd":"154939","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7509312","suffix":null,"lastName":"BLACK","firstName":"DAVID","middleName":"WALKER"},{"crd":"7504171","suffix":null,"lastName":"Cavanaugh","firstName":"Chase","middleName":null},{"crd":"8036564","suffix":null,"lastName":"Compton","firstName":"Conner","middleName":"Griffin"},{"crd":"7594458","suffix":null,"lastName":"Craig","firstName":"Colin","middleName":"Philip"},{"crd":"5716932","suffix":null,"lastName":"HOBART","firstName":"KIRK","middleName":"CLAYTON"},{"crd":"5906861","suffix":null,"lastName":"JENKINS","firstName":"KIMBERLY","middleName":"DAWN"},{"crd":"5387693","suffix":null,"lastName":"LAYMON","firstName":"CASSANDRA","middleName":"C."},{"crd":"2613493","suffix":"JR","lastName":"LAYMON","firstName":"RICHARD","middleName":"STEPHEN"},{"crd":"4122017","suffix":null,"lastName":"MCMILLAN","firstName":"JERRY","middleName":"LEE"},{"crd":"8026700","suffix":null,"lastName":"Smith","firstName":"Cameron","middleName":"Michael"},{"crd":"5224268","suffix":null,"lastName":"SUNDERLAND","firstName":"HILLARY","middleName":"ANN"},{"crd":"6880690","suffix":null,"lastName":"Sunderland","firstName":"Michael","middleName":"Ryan"}],"total":12,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-06-15","regulatoryAum":145574886,"clients":496,"employees":12,"offices":3},{"filedOn":"2022-05-05","regulatoryAum":172590500,"clients":400,"employees":10,"offices":3},{"filedOn":"2023-03-21","regulatoryAum":183646648,"clients":469,"employees":15,"offices":3},{"filedOn":"2024-02-28","regulatoryAum":203842051,"clients":491,"employees":15,"offices":3},{"filedOn":"2025-03-26","regulatoryAum":236888006,"clients":1097,"employees":19,"offices":3},{"filedOn":"2026-08-18","regulatoryAum":278261194,"clients":537,"employees":19,"offices":5}],"secFileNumber":"801-118970","legalName":"Beacon Wealth Consultants, Inc.","displayName":"Beacon Wealth Consultants","slug":"beacon-wealth-consultants-154939","website":"https://beaconwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/beacon-wealth-consultants-inc-/","founded":null,"organization":"Virginia corporation","fiscalYearEnd":"December","headquarters":{"street":"302 Washington Ave. SW","city":"Roanoke","state":"VA","stateName":"Virginia","country":"United States","postalCode":"24016-4312"},"tradeNames":["Lightpoint Portfolios"],"registration":{"secApproved":"26 June 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":464313.6111111111,"staff":{"employees":19,"advisory":15,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":278261194,"discretionary":278261194,"discretionaryAccounts":1138,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":2340160,"nonUsClientsPct":0,"nonAumClients":4},"clientTypes":[{"label":"Individuals (other than HNW)","clients":497,"regulatoryAum":167515450},{"label":"High-net-worth individuals","clients":25,"regulatoryAum":74856255},{"label":"Pension and profit-sharing plans","clients":13,"regulatoryAum":33580465},{"label":"Charitable organizations","clients":2,"fewerThan5":true,"regulatoryAum":2309024}],"feePrograms":[{"role":"main","program":"Wealth Management Services","feeBasis":"whole_balance","fee_tiers":[{"to":100000,"pct":2,"from":0},{"to":250000,"pct":1.5,"from":100000},{"to":500000,"pct":1.4,"from":250000},{"to":1000000,"pct":1.25,"from":500000},{"to":2000000,"pct":1,"from":1000000},{"to":5000000,"pct":0.85,"from":2000000},{"to":10000000,"pct":0.75,"from":5000000},{"to":null,"pct":0.65,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055222","versionId":1055222,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-08-18","documentName":"ADV PART 2A","fee_rate_low":0.65,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Basic Retainer Service","summary":"Fee of $300 per quarter, billed quarterly in advance and stoppable at any time.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055222","versionId":1055222,"submittedOn":"2026-08-18","documentName":"ADV PART 2A"},{"role":"other","program":"Comprehensive Financial Plan","summary":"One-time plan for planning-only engagements at 1% of net worth or $1,500, whichever is higher; reviews and updates billed at $300 per hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055222","versionId":1055222,"submittedOn":"2026-08-18","documentName":"ADV PART 2A"},{"role":"other","program":"Estate Administration and Wealth Transfer Consulting","summary":"Hourly rate of $250 per hour, invoiced in arrears as services are provided.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055222","versionId":1055222,"submittedOn":"2026-08-18","documentName":"ADV PART 2A"},{"role":"other","program":"True Wealth Legacy Coaching","summary":"Fixed fee ranging from $3,500 to $35,000 annually, depending on the scope of services and the size and complexity of the estate; billed quarterly in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055222","versionId":1055222,"submittedOn":"2026-08-18","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T09:33:39.508747+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055222","versionId":1055222,"submittedOn":"2026-08-18"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055223","versionId":1055223,"submittedOn":null}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":169722500},{"name":"MTG, LLC","shortName":"MTG","location":"New York, NY","smaAssets":0}],"custodyNote":"Beacon Wealth Consultants has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Richard Laymon","title":"Chief Executive Officer","crd":"2613493"},{"name":"Cassandra Laymon","title":"Owner/President","crd":"5387693"},{"name":"Ann Zemann","title":"Chief Compliance Officer","crd":"2731611"},{"name":"Hillary Sunderland","title":"Chief Investment Officer","crd":"5224268"}],"ownership":[{"label":"Richard Laymon","detail":"Chief executive officer in the 75% or more ownership band and a control person, since August 2010."},{"label":"Cassandra Laymon","detail":"Owner/president in the 10% to 25% ownership band, since August 2012."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":5,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"114 Pennsylvania Ave.","city":"Winter Garden"}]},{"state":"Michigan","offices":1,"addresses":[{"street":"4211 Michelle Circle","city":"Lansing"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"375 Main Ave Ne","city":"Hickory"}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"250 E. 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They include 497 individual clients, 25 high-net-worth individuals, and 13 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 18 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Beacon Wealth Consultants offer?","answer":"Beacon Wealth Consultants provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Beacon Wealth Consultants charge?","answer":"Beacon Wealth Consultants charges 0.65%–2.00% a year for its Wealth Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.","source":"ADV PART 2A, filed 18 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Beacon Wealth Consultants use?","answer":"Beacon Wealth Consultants’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $170M. The filing also lists MTG, LLC with no separately managed account assets.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Beacon Wealth Consultants have?","answer":"Beacon Wealth Consultants has 0 investment adviser representatives registered with state securities authorities, out of 19 employees, and 15 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Beacon Wealth Consultants invest in?","answer":"At the end of its last fiscal year, Beacon Wealth Consultants’ separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 28% exchange-traded equities and 2% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Beacon Wealth Consultants?","answer":"Beacon Wealth Consultants’ direct owners are Richard Laymon (75% or more) and Cassandra Laymon (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 18 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Beacon Wealth Consultants get paid?","answer":"Beacon Wealth Consultants is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Beacon Wealth Consultants?","answer":"Beacon Wealth Consultants’ main office is at 302 Washington Ave. SW, Roanoke, VA 24016-4312. Its phone number is 540-345-3891. Its website is beaconwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 18 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}