Top 10 financial advisor firms in Virginia

192 SEC-registered financial advisor firms are headquartered in Virginia, with $152B in combined regulatory assets under management. The largest by assets are Cary Street Partners Investment Advisory ($10.3B), Signature Financial Management ($7.57B) and Cassaday & Co Wealth Management ($7.14B).

192
Financial advisor firms: $152B
Their combined AUM: $376M
Median firm AUM: 25,466
Clients of the top 10

The 10 largest by assets

1
Cary Street Partners Investment Advisory
RIA
$10.3B
Regulatory AUM
2
Signature Financial Management
RIA
$7.57B
0.50% to 1.00% a year
3
Cassaday & Co Wealth Management
RIA
$7.14B
0.50% to 1.50%
4
Andersen Tax
RIA
$6.35B
0.35% to 1.00% a year
5
Lowe, Brockenbrough & Company
RIA
$5.49B
0.20% to 0.90%
6
Heritage Wealth Advisors
RIA
$4.86B
0.50% to 1.00% a year
7
The Ascent Group
RIA
$4.76B
Up to 1.75% a year
8
Wealthcare Capital Management
RIA
$3.93B
Up to 1.85% a year
9
The Burney
RIA
$3.59B
Regulatory AUM
10
Bogart Wealth
RIA
$3.19B
0.55% to 1.43% a year

Profiles of the top 10

No. 1 · RIA

Cary Street Partners Investment Advisory

Cary Street Partners Investment Advisory is an investment adviser based in Richmond, VA, registered with the SEC since 2005. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $10.3 billion, as filed on 30 March 2026.

Regulatory AUM: $10.3B
Clients: 6,988
Advisory staff: 85
Custodians: Wells Fargo Clearing Services, Charles Schwab
Headquarters: 901 East Byrd Street, Suite 1001, Richmond, VA 23219
Phone: 804-340-8100
Website: carystreetpartners.com

No. 2 · RIA

Signature Financial Management

Signature Financial Management is an investment adviser based in Norfolk, VA, registered with the SEC since 1994. It provides investment management. Its clients include high-net-worth individuals, pooled investment vehicles, and corporations and other businesses. Its regulatory assets under management total $7.57 billion, as filed on 30 March 2026.

Signature Financial Management charges 0.50%–1.00% a year for its Investment Advisory Services.

Regulatory AUM: $7.57B
Clients: 229
Advisory staff: 16
Fee schedule: 0.50% to 1.00% a year
Custodians: Bank of New York Mellon, Fidelity, Charles Schwab
Headquarters: 101 W. Main Street, Suite 700, Norfolk, VA 23510-1676
Phone: 757-625-7670
Website: brownadvisory.com

No. 3 · RIA

Cassaday & Co Wealth Management

Cassaday & Co Wealth Management is an investment adviser based in McLean, VA, registered with the SEC since 2021. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $7.14 billion, as filed on 9 March 2026.

Cassaday & Co Wealth Management charges 0.50%–1.50% for its Investment Management Services. The brochure does not state whether the rate is annual.

Regulatory AUM: $7.14B
Clients: 3,267
Advisory staff: 32
Fee schedule: 0.50% to 1.50%
Custodians: Pershing
Headquarters: 8180 Greensboro Drive, Suite 1180, McLean, VA 22102
Phone: 703-506-8200
Website: cassaday.com

No. 4 · RIA

Andersen Tax

Andersen Tax is an investment adviser based in McLean, VA, registered with the SEC since 2003. It provides financial planning and investment management. Its clients include high-net-worth individuals, corporations and other businesses, and other clients. Its regulatory assets under management total $6.35 billion, as filed on 30 March 2026.

Andersen Tax charges 0.35%–1.00% a year for its Full-Service Investment Consulting.

Regulatory AUM: $6.35B
Clients: 612
Advisory staff: 50
Fee schedule: 0.35% to 1.00% a year
Custodians: RBC Capital Markets, Charles Schwab
Headquarters: 1861 International Drive, Suite 501, McLean, VA 22102
Phone: 571-382-0020
Website: andersen.com

No. 5 · RIA

Lowe, Brockenbrough & Company

Lowe, Brockenbrough & Company is an investment adviser based in Richmond, VA, registered with the SEC since 1970. It provides financial planning and investment management. Its clients include high-net-worth individuals, pooled investment vehicles and charitable organizations. Its regulatory assets under management total $5.49 billion, as filed on 13 May 2026.

Lowe, Brockenbrough & Company charges 0.20%–0.90% for its Private Wealth and Institutional Management. The brochure does not state whether the rate is annual.

Regulatory AUM: $5.49B
Clients: 568
Advisory staff: 15
Fee schedule: 0.20% to 0.90%
Custodians: Charles Schwab
Headquarters: 920 Libbie Ave., Suite 201, Richmond, VA 23226-2050
Phone: 804-288-0404
Website: brockenbroughinc.com

No. 6 · RIA

Heritage Wealth Advisors

Heritage Wealth Advisors is an investment adviser based in Richmond, VA, registered with the SEC since 2005. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations, and corporations and other businesses. Its regulatory assets under management total $4.86 billion, as filed on 30 July 2026.

Heritage Wealth Advisors charges 0.50%–1.00% a year for its Investment Advisory Service.

Regulatory AUM: $4.86B
Clients: 451
Advisory staff: 18
Fee schedule: 0.50% to 1.00% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 919 East Main Street, Suite 950, Richmond, VA 23219
Phone: 804-643-4080
Website: heritagewealth.net

No. 7 · RIA

The Ascent Group

The Ascent Group is an investment adviser based in Virginia Beach, VA, registered with the SEC since 2021. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $4.76 billion, as filed on 30 March 2026.

The Ascent Group charges up to 1.75% a year for its Investment Management Fees.

Regulatory AUM: $4.76B
Clients: 4,292
Advisory staff: 19
Fee schedule: Up to 1.75% a year
Custodians: Assetmark Trust, Charles Schwab, Fidelity
Headquarters: 192 Ballard Court, Suite 400, Virginia Beach, VA 23462
Phone: 757-499-8300

No. 8 · RIA

Wealthcare Capital Management

Wealthcare Capital Management is an investment adviser based in Richmond, VA, registered with the SEC since 2001. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $3.93 billion, as filed on 21 May 2026.

Wealthcare Capital Management charges up to 1.85% a year for its Wealth Management/Investment Management Services.

Regulatory AUM: $3.93B
Clients: 5,691
Advisory staff: 35
Fee schedule: Up to 1.85% a year
Custodians: Charles Schwab, LPL Financial
Headquarters: 2 James Center, 1021 East Cary Street, #702, Richmond, VA 23219
Phone: 804-644-4711

No. 9 · RIA

The Burney

The Burney is an investment adviser based in Reston, VA, registered with the SEC since 1974. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and investment companies. Its regulatory assets under management total $3.59 billion, as filed on 30 March 2026.

Regulatory AUM: $3.59B
Clients: 1,926
Advisory staff: 42
Founded: 1974
Custodians: Charles Schwab
Headquarters: 1800 Alexander Bell Drive, Suite 510, Reston, VA 20191
Phone: 866-928-7639
Website: burneyadvisorservices.com

No. 10 · RIA

Bogart Wealth

Bogart Wealth is an investment adviser based in McLean, VA, registered with the SEC since 2016. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $3.19 billion, as filed on 14 September 2026.

Bogart Wealth charges 0.55%–1.43% a year for its Wealth Management.

Regulatory AUM: $3.19B
Clients: 1,442
Advisory staff: 29
Fee schedule: 0.55% to 1.43% a year
Custodians: Charles Schwab
Headquarters: 2010 Corporate Ridge, Suite 900, McLean, VA 22102
Phone: 703-570-8651
Website: bogartwealth.com

Questions about financial advisors in Virginia

How many financial advisor firms are headquartered in Virginia?

192 SEC-registered financial advisor firms report their principal office in Virginia, managing $152B in regulatory assets between them. The other 87 advisers headquartered in the state are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Virginia?

Cary Street Partners Investment Advisory, with $10.3B in regulatory assets under management on its latest Form ADV. The next largest are Signature Financial Management ($7.57B) and Cassaday & Co Wealth Management ($7.14B).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Virginia?

The median firm manages $376M in regulatory assets. That is the midpoint of the 192 firms headquartered in Virginia.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Virginia charge?

Of the 10 largest firms, 8 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 0.90% to 1.85% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Virginia?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the state and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters state.

Source: Niva directory methodology

Virginia has 192 financial advisor firms; see every adviser in the state →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Virginia

Top financial advisor firms by city in Virginia