Stephen R. Saal
For four decades, Steve has helped individuals and families create customized investment strategies by focusing on each client’s specific needs. In his extensive experience in the industry, Steve has guided clients through an array of market conditions. Consequently, prudent risk management has emerged as one of his top concerns while positioning his clients’ investment portfolios.
Steve began his career as an investment adviser with Wheat First Securities, a Wells Fargo Advisors predecessor firm, in 1980. After many years with WFA predecessor firms, Steve started Virginia Wealth Management Group in 2006, which partnered with WFA for 15 years. Today, after Virginia Wealth Management Group’s transition to an independent Registered Investment Adviser in 2021, Steve and his team offer clients a truly boutique investment advisory practice with the same access to the vast resources of any of the world’s premier financial companies. He brings 40 years of experience to the practice – This experience is priceless as the team helps clients navigate complex and challenging financial markets.
Away from the office, Steve is an avid golfer and enjoys traveling, including annual trips to Scotland during the summer months. A native of Ohio, he moved to Virginia Beach after attending Kent State University on a golf scholarship. Steve and his wife, Jane, have one daughter, Alex, who is an Occupational Therapist in Nashville, TN. Their son, Scott, is the Managing Partner of Virginia Wealth Management Group. When not on the golf course, Steve enjoys spending time with his family, especially his grandsons, James and Patrick, and his favorite child, McKenzie (their English Labrador).
Scott R. Saal, CFP®
Scott joined Virginia Wealth Management Group full-time in 2011. He is a graduate of the Mason School of Business of the College of William & Mary, where he earned a Bachelor of Business Administration with a double major in Finance and Philosophy. Scott began working with the practice in 2009 while finishing his undergraduate studies. Furthermore, Scott completed additional studies at Old Dominion University’s Executive Development Center, and he subsequently passed the rigorous requirements necessary to become a CERTIFIED FINANCIAL PLANNER™ professional. In recent years, Scott was recognized by Forbes Magazine as one of the top 100 advisors in its “Best-In-State Wealth Advisors List” for 2022 and 2023. Additionally, Scott was ranked No. 5 by Forbes Magazine on the “Top Next-Gen Wealth Advisors Best-in-State” for Virginia in 2023.†
Scott’s role on the team has evolved over the last decade. He started in a junior role, but today he oversees all aspects of the practice as the Managing Partner. Moreover, all clients benefit from (and put up with) his analytical personality and commitment to thoughtful answers to ANY question. His attention to detail is an asset for clients as market conditions evolve and personal situations change.
Scott, like his father, has been a passionate golfer since his younger years and attended William & Mary on a golf scholarship. Since graduating, Scott has become active in local educational initiatives and causes that have impacted his life and career. He previously served as Vice President of the Cape Henry Collegiate’ s Alumni Association, and he currently chairs the school’s annual golf event. Furthermore, he is a former board member of William & Mary’s Athletic Educational Foundation, and he remains an active supporter of the Men’s Golf program. Scott is the Treasurer of the Cavalier Golf & Yacht Club Board of Directors. Though, his favorite activity outside the office is no doubt spending time with his wife, Dianne, and their two young boys. James, 5, is Scott’s little shadow, and they recently welcomed a newborn, Patrick, into the world in 2023.
Senior Operations Manager
Roxanne joined Virginia Wealth Management Group as the Senior Operations Manager in 2017. Prior to joining the team, she spent 10 years managing ultra-high net worth relationships with U.S. Trust out of the Norfolk, VA office. She worked with a dedicated team to help families navigate the complex world of wealth management. Roxanne is a graduate of Old Dominion University, where she earned a Bachelor of Science in Occupational and Technical Studies with a minor in Marketing. Additionally, she has completed studies at Old Dominion University’s Executive Development Center to earn her Executive Certificate in Financial Planning.
Roxanne’s role on the team includes oversight of operational risk management and procedures, asset movement, and client services to help improve daily operations. Her strong organizational and time management capabilities, as well as her superior communication skills, have made her an invaluable member of our team. Roxanne is full of energy, and she quickly befriends clients and back-office associates alike.
Roxanne and her husband, Joe, have three very active sons. Avery, 20, is a Junior at Virginia Tech and an avid soccer player and athlete. Cooper, 16, is a Junior in high school and aspires to play professional football one day. Oliver, 12, also enjoys football and helping anyone in need. When not driving from one football field to another, Roxanne enjoys time at home with her family and two rescue dogs, Frenkie and Sally. If she happens to have time to herself, she can be found outside or at the beach.
Wade joined Virginia Wealth Management Group as a full-time associate in January 2022. He is a graduate of James Madison University, where he earned a Bachelor of Science with a major in Economics, as well as minors in Statistics and History. After joining the VWMG team, Wade chose to continue his education at Old Dominion University’s Executive Development Center, pursuing the designation of Certified Financial Planner™.
Wade’s role is to assist Scott and Steve with overall tasks to better serve clients. His duties include assisting the team with client presentations, performance reporting, trading, analysis, and portfolio management. His goal is to help grow the family of clients that Steve, Scott, and Roxanne have cultivated.
A Virginia Beach native, Wade enjoys the many benefits of living near the ocean, and in his free time you will find him fishing or taking part in any number of water sports. He’s also a self-proclaimed “foodie” who loves to cook, but more importantly eat! In addition to economics and finance, Wade has a passion for history, and you’ll often find him reading books or listening to podcasts on the subject. He enjoys his family time and feels blessed that all of his immediate family lives here in Virginia Beach.
† 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 1/1/2022 – 12/31/2022 and in April 2023 for the period of 1/1/2023 – 12/31/2023. The Forbes ranking of Best-in-State Next-Gen Wealth Advisors was awarded in August 2023 for the period of 1/1/2023 – 12/31/2023. Being a Forbes Best-In-State Wealth Advisor or Forbes Best-In-State Next-Gen Wealth Advisor does not mean 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 for Best-In-State Wealth Advisors and a minimum of four years of experience for Best-In-State Next- Gen Wealth Advisors. 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 criteria 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. Ratings should not be considered an endorsement of the adviser by any client.
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.