Top 6 financial advisor firms in Lynchburg

6 SEC-registered financial advisor firms are headquartered in Lynchburg, VA, with $2.31B in combined regulatory assets under management. The largest by assets are Pettyjohn, Wood & White ($1.02B), Alliance Wealth Strategies ($403M) and MontVue Capital Management ($357M).

6
Financial advisor firms: $2.31B
Their combined AUM: $324M
Median firm AUM: 2,312
Clients of the top 6

The 6 largest by assets

1
Pettyjohn, Wood & White
RIA
$1.02B
0.50% to 1.00% a year
2
Alliance Wealth Strategies
RIA
$403M
0.35% to 1.25% a year
3
MontVue Capital Management
RIA
$357M
0.30% to 1.00% a year
4
Legacy Wealth Management Group
RIA
$290M
1.25% to 2.00% a year
5
Arrow Wealth Advisors
RIA
$121M
Regulatory AUM
6
CharMarLine Wealth Management
RIA
$119M
0.60% to 1.00% a year

Profiles of the top 6

No. 1 · RIA

Pettyjohn, Wood & White

Pettyjohn, Wood & White is an investment adviser based in Lynchburg, VA, registered with the SEC since 1978. It provides investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $1.02 billion, as filed on 10 March 2026.

Pettyjohn, Wood & White charges 0.50%–1.00% a year for its Investment Advisory Services.

Regulatory AUM: $1.02B
Clients: 586
Advisory staff: 5
Fee schedule: 0.50% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 1925 Atherholt Road, Lynchburg, VA 24501
Phone: 434-845-1266
Website: pwandw.com

No. 2 · RIA

Alliance Wealth Strategies

Alliance Wealth Strategies is an investment adviser based in Lynchburg, VA, registered with the SEC since 2019. It provides investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $403 million, as filed on 31 August 2026.

Alliance Wealth Strategies charges 0.35%–1.25% a year for its Investment Management Services.

Regulatory AUM: $403M
Clients: 217
Advisory staff: 8
Founded: 2014
Fee schedule: 0.35% to 1.25% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 828 Main Street, Suite 1401, Lynchburg, VA 24504
Phone: 434-948-9000
Website: brownedwardswealth.com

No. 3 · RIA

MontVue Capital Management

MontVue Capital Management is an investment adviser based in Lynchburg, VA, registered with the SEC since 2015. 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 $357 million, as filed on 28 January 2026.

MontVue Capital Management charges 0.30%–1.00% a year for its Investment Management Fees.

Regulatory AUM: $357M
Clients: 196
Advisory staff: 4
Founded: 1999
Fee schedule: 0.30% to 1.00% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 900 Main Street, Lynchburg, VA 24504
Phone: 434-455-2795
Website: montvue.com

No. 4 · RIA

Legacy Wealth Management Group

Legacy Wealth Management Group is an investment adviser based in Lynchburg, VA, registered with the SEC since 2022. 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 $290 million, as filed on 22 March 2026.

Legacy Wealth Management Group charges 1.25%–2.00% a year for its Asset Management.

Regulatory AUM: $290M
Clients: 991
Advisory staff: 6
Fee schedule: 1.25% to 2.00% a year
Custodians: SEI Investments Distribution, LPL Financial
Headquarters: 1971 English Tavern Road, Lynchburg, VA 24501
Phone: 434-266-1214
Website: legacywealthadvisor.org

No. 5 · RIA

Arrow Wealth Advisors

Arrow Wealth Advisors is an investment adviser based in Lynchburg, VA, registered with the SEC since 2026. 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 $121 million, as filed on 28 August 2026.

Regulatory AUM: $121M
Clients: 198
Advisory staff: 2
Custodians: Charles Schwab
Headquarters: 828 Main St, FL 11, Ste 1101, Lynchburg, VA 24504
Phone: 210-541-9967
Website: arrowwealthadvisors.com

No. 6 · RIA

CharMarLine Wealth Management

CharMarLine Wealth Management is an investment adviser based in Lynchburg, VA, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $119 million, as filed on 18 September 2026.

CharMarLine Wealth Management charges 0.60%–1.00% a year for its Wealth management services.

Regulatory AUM: $119M
Clients: 124
Advisory staff: 1
Fee schedule: 0.60% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 3831 Old Forest RD, Suite 6, Lynchburg, VA 24501
Phone: 434-455-3036
Website: cmlwm.com

Questions about financial advisors in Lynchburg

How many financial advisor firms are headquartered in Lynchburg?

6 SEC-registered financial advisor firms report their principal office in Lynchburg, VA, managing $2.31B in regulatory assets between them.

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

What is the largest financial advisor firm in Lynchburg?

Pettyjohn, Wood & White, with $1.02B in regulatory assets under management on its latest Form ADV. The next largest are Alliance Wealth Strategies ($403M) and MontVue Capital Management ($357M).

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

How large is a typical financial advisor firm in Lynchburg?

The median firm manages $324M in regulatory assets. That is the midpoint of the 6 firms headquartered in Lynchburg.

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

How much do financial advisors in Lynchburg charge?

Of the 6 largest firms, 5 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 2.00% 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 Lynchburg?

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 city 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 city.

Source: Niva directory methodology

Lynchburg has 6 financial advisor firms; see every adviser in the city →