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Virginia Wealth Management Group

Virginia Wealth Management Group

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ABOUT

About Virginia Wealth Management Group

Virginia Wealth Management Group is a boutique, family-owned practice, managed by the father-son principals, Steve and Scott Saal.

The story goes back four decades, to when Steve joined Wheat First Securities in 1980. His approach was unique – Steve built his practice to serve a small group of families, which were personal friends. Most of his clients had a shared passion for golf, and many of those original families are clients of Virginia Wealth Management Group still today.

In 2006, Steve founded Virginia Wealth Management Group, which partnered with Wells Fargo Advisors as an independent practice for the next 15 years. This transition was an easy choice for Steve – He had worked for large financial firms for the previous 25 years, and he wanted to run an efficient business, focusing entirely on serving his clients and managing their financial affairs.

In 2011, Scott joined his dad, after graduating from William & Mary, where he double majored in Finance and Philosophy and attended on a golf scholarship. While a successful competitive golfer in college, Scott had a passion for business and finance. Despite some advice to the contrary, he joined Virginia Wealth Management Group immediately after graduation. Scott started in an administrative role, but within five years was an active partner in managing clients’ financial plans and investment portfolios. Additionally, in 2012, Scott completed post-graduate studies at Old Dominion University and passed the rigorous test to become a Certified Financial Planner™. For Scott, continued education is imperative, and he brings a highly analytical personality and in-depth investment, tax, and estate planning experience to clients.*

Early in 2021, Virginia Wealth Management Group became an independent Registered Investment Adviser. While the growth of the business over the last decade made this possible, the reasoning was two-fold:

  • First, as an RIA, the practice is completely aligned with its clients. Both in a legal and ethical capacity, RIAs and their representatives are fiduciaries, with a total obligation to put clients’ interests before their own.
  • Second, the practice enjoys much more flexibility to serve clients’ growing needs. This includes a variety of services related to tax, estate, and trust planning.* Trusted advisers must address all these areas in providing the most prudent investment and financial advice.

There are few decisions as important as who you trust to help you oversee your family’s finances. Consequently, mutual trust remains a founding principle of Virginia Wealth Management Group. The team brings a mix of experience, education, and high-touch service to each client relationship..

Our Mission

Our primary goal is to develop relationships with our clients, which are established on mutual trust. Clients entrust us with their life savings and legacies. This is a responsibility we do not take lightly. Trust is a necessary cornerstone of every client relationship. Client confidence in our team’s approach is earned through a personal service that connects prudent investment planning, asset allocation, and risk management strategies with their financial objectives. We strive to forge lifelong relationships by helping to preserve and grow client wealth and by acting as trusted advisers during significant life-changing events.

Virginia Wealth Management Group

4460 Corporation Lane
Suite 180
Virginia Beach, VA 23462

757.963.1823
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ABOUT

  • Team
  • Our Mission

SERVICES

  • Investment Planning
  • Portfolio Management
  • Concierge Service
  • CONTACT
  • ACCOUNT ACCESS

IMPORTANT DISCLOSURES

  • Terms of Use
  • Privacy Policy
  • Form CRS
  • Form ADV Part 2A Brochure
  • Form ADV Part 2A, Appendix

*Virginia Wealth Management Group will act solely in our capacity as a registered investment advisor and does not provide any legal, accounting or tax advice. You should seek the counsel of a qualified accountant and/or attorney when necessary.

Investing in securities involves risk of loss that you should be prepared to bear, including the possible loss of principal. Virginia Wealth Management Group makes no warranty as to the performance of any underlying investment in your account. Investment recommendations based on historical returns will not necessarily produce optimal or positive investment results under all circumstances. Performance of your portfolio may vary from anticipated results. Virginia Wealth Management Group cannot assure that your account will increase in value, nor can we assure that your investment objectives will be realized.

Diversification does not ensure a profit or prevent an investor from incurring a loss. Investment in equities involves more risk than other securities and may have the potential for higher returns and greater losses. There are risks associated with investments in different types of securities, which are described more fully in our Form ADV Part 2A Brochure.

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