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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

The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, was awarded to Scott Saal in April 2022 for the period of 2022. Being a Forbes Best-In-State Wealth Advisor does not Scott Saal is ranked the top advisor in the state. The ranking includes many advisors in the state that have been awarded the “best-in-state” distinction. The ranking is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Rankings are based on the opinions of SHOOK Research, LLC and are not indicative of future performance or representative of any one client’s experience; the firm’s research and rankings provide opinions for how to choose the right financial advisor. Investors must carefully choose the right advisor for their own situation and perform their own due diligence. Neither Forbes nor SHOOK are a client of Virginia Wealth Management Group, nor do they receive a fee in exchange for rankings. Once placed on a ranking, advisors may choose to pay fees to Forbes and Shook for premium listing features on Forbes directory of top advisors, use of the ranking logo or reprint of the ranking. Virginia Wealth Management Group has not paid Forbes for use of the ranking logo and directory, and no compensation has been provided to Forbes or SHOOK in exchange for the ranking. Additional information on the ranking methodology can be found at forbes.com and SHOOKresearch.com

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