PORTFOLIO MANAGEMENT

Virginia Wealth Management Group believes in putting our clients first. As a fee-only Registered Investment Adviser, we are fiduciaries and have a legal commitment to put our clients’ interest before our own.

We don’t sell products, but instead provide clients ongoing advice. Consequently, our fee structure seeks to ensure that we are always on the same team and plainly transparent.

We believe each investor should have an investment strategy that is uniquely suited to accomplishing specific objectives.

An investor’s risk tolerance is incredibly important – The highest returning investment strategy in the world is worthless if an investor is unable to “stick with it” during the worst of times.

Our investment philosophy is based on three general tenants:

• Low-Cost
• Tax-Efficient*
• Long-Term

Of course, not every investment strategy is suitable for everyone. We accept that certain investment styles come into and out of favor. Furthermore, our investment philosophy might not be compatible for every potential client.

• We believe a thoughtful investment management firm should prioritize owning individual securities, which can be held for multi-year periods. This has both cost and psychological advantages – Stocks are partial ownership shares in companies, and we should approach investing as businesspeople. However, when the benefit justifies the cost, low-cost vehicles like ETFs or mutual funds can help us diversify client portfolios and meet other objectives.
• We are long-term value investors with an emphasis on the quality of the cash flows in every security we add to client portfolios. On an after-tax basis, we can potentially generate higher net returns, owning one security for a long period even while more active trading could generate a higher gross return.