# Fee-only financial advisors in Richmond, VA

> AdvisorCensus lists 46 investment advisory firms with a principal office in the Richmond metro area that meet AdvisorCensus's fee-only test: paid only by client fees on Form ADV Item 5.E, with no employee registered with a broker-dealer or licensed as an insurance agent, no brokerage, insurance, or real estate sales business or related company, and no referral fees from others, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below, and read the methodology block for how this page is derived.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/va/richmond/fee-only

## At a glance

- Investment advisory firms: 46
- Registration: SEC-registered investment adviser: 24, State-registered investment adviser: 22
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 46 (100%); Percentage of assets 39 (85%); Hourly charges 20 (43%); Subscription fees (newsletter or periodical) 2 (4%); Fixed fees 29 (63%)
- Regulatory assets under management (Item 5.F): Under $25 million 8 (17%); $25 million to $100 million 9 (20%); $100 million to $500 million 13 (28%); $500 million to $1 billion 6 (13%); $1 billion to $5 billion 3 (7%); Over $5 billion 2 (4%); Not reported 5 (11%)
- Years registered: Under 5 years 15 (33%); 5 to 9 years 10 (22%); 10 to 19 years 12 (26%); 20 years or more 9 (20%)

## Firms (page 1 of 1, 1 to 46 of 46, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [3CHOPT Investment Partners LLC](https://advisorcensus.com/firm/3chopt-investment-partners-llc-richmond-va-319125) ([md](https://advisorcensus.com/firm/3chopt-investment-partners-llc-richmond-va-319125.md)) | 319125 | Richmond, VA | SEC-registered investment adviser | $500 million to $1 billion | 4 | % of assets |
| [Alexis Advisors](https://advisorcensus.com/firm/alexis-advisors-richmond-va-167075) ([md](https://advisorcensus.com/firm/alexis-advisors-richmond-va-167075.md)) | 167075 | Richmond, VA | State-registered investment adviser | $25 million to $100 million | 13 | % of assets, Hourly |
| [Alpha Advisors, LLC](https://advisorcensus.com/firm/alpha-advisors-llc-richmond-va-118107) ([md](https://advisorcensus.com/firm/alpha-advisors-llc-richmond-va-118107.md)) | 118107 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 8 | % of assets, Fixed fee |
| [Alpha Omega Wealth Management, LLC](https://advisorcensus.com/firm/alpha-omega-wealth-management-llc-richmond-va-149842) ([md](https://advisorcensus.com/firm/alpha-omega-wealth-management-llc-richmond-va-149842.md)) | 149842 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 17 | % of assets, Hourly, Fixed fee |
| [Antrim Investment Research](https://advisorcensus.com/firm/antrim-investment-research-richmond-va-307904) ([md](https://advisorcensus.com/firm/antrim-investment-research-richmond-va-307904.md)) | 307904 | Richmond, VA | State-registered investment adviser | Not reported | 6 | Hourly, Subscription, Fixed fee |
| [Atlantic Union Municipal Advisors, Inc](https://advisorcensus.com/firm/atlantic-union-municipal-advisors-inc-glen-allen-va-329425) ([md](https://advisorcensus.com/firm/atlantic-union-municipal-advisors-inc-glen-allen-va-329425.md)) | 329425 | Glen Allen, VA | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets |
| [Ballardsville Investment Advisors](https://advisorcensus.com/firm/ballardsville-investment-advisors-charles-city-va-284846) ([md](https://advisorcensus.com/firm/ballardsville-investment-advisors-charles-city-va-284846.md)) | 284846 | Charles City, VA | State-registered investment adviser | $25 million to $100 million | 9 | % of assets, Hourly |
| [Barrett Capital Management,llc](https://advisorcensus.com/firm/barrett-capital-management-llc-richmond-va-117272) ([md](https://advisorcensus.com/firm/barrett-capital-management-llc-richmond-va-117272.md)) | 117272 | Richmond, VA | State-registered investment adviser | $25 million to $100 million | 11 | % of assets |
| [BDC Capital Management, Inc.](https://advisorcensus.com/firm/bdc-capital-management-inc-glen-allen-va-108445) ([md](https://advisorcensus.com/firm/bdc-capital-management-inc-glen-allen-va-108445.md)) | 108445 | Glen Allen, VA | State-registered investment adviser | $100 million to $500 million | 14 | % of assets, Hourly, Fixed fee |
| [Blue Edge Capital, LLC](https://advisorcensus.com/firm/blue-edge-capital-llc-richmond-va-155613) ([md](https://advisorcensus.com/firm/blue-edge-capital-llc-richmond-va-155613.md)) | 155613 | Richmond, VA | SEC-registered investment adviser | $500 million to $1 billion | 13 | % of assets, Fixed fee |
| [Bowen Financial Services, LLC](https://advisorcensus.com/firm/bowen-financial-services-llc-midlothian-va-116714) ([md](https://advisorcensus.com/firm/bowen-financial-services-llc-midlothian-va-116714.md)) | 116714 | Midlothian, VA | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Hourly, Fixed fee |
| [CEF Advisors](https://advisorcensus.com/firm/cef-advisors-richmond-va-115562) ([md](https://advisorcensus.com/firm/cef-advisors-richmond-va-115562.md)) | 115562 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 8 | % of assets, Hourly, Subscription, Fixed fee |
| [Clearview Financial](https://advisorcensus.com/firm/clearview-financial-richmond-va-282690) ([md](https://advisorcensus.com/firm/clearview-financial-richmond-va-282690.md)) | 282690 | Richmond, VA | State-registered investment adviser | $100 million to $500 million | 10 | % of assets, Fixed fee |
| [Covenant Wealth Advisors](https://advisorcensus.com/firm/covenant-wealth-advisors-richmond-va-155221) ([md](https://advisorcensus.com/firm/covenant-wealth-advisors-richmond-va-155221.md)) | 155221 | Richmond, VA | SEC-registered investment adviser | $500 million to $1 billion | 7 | % of assets, Hourly, Fixed fee |
| [Evoadvisors](https://advisorcensus.com/firm/evoadvisors-richmond-va-149615) ([md](https://advisorcensus.com/firm/evoadvisors-richmond-va-149615.md)) | 149615 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 9 | Fixed fee |
| [Financial Freedom Planners](https://advisorcensus.com/firm/financial-freedom-planners-glen-allen-va-168395) ([md](https://advisorcensus.com/firm/financial-freedom-planners-glen-allen-va-168395.md)) | 168395 | Glen Allen, VA | State-registered investment adviser | Not reported | 13 | Hourly, Fixed fee |
| [Firstfruits Wealth Management](https://advisorcensus.com/firm/firstfruits-wealth-management-richmond-va-341241) ([md](https://advisorcensus.com/firm/firstfruits-wealth-management-richmond-va-341241.md)) | 341241 | Richmond, VA | State-registered investment adviser | Under $25 million | 0 | % of assets, Fixed fee |
| [Five Lakes Advisory LLC](https://advisorcensus.com/firm/five-lakes-advisory-llc-richmond-va-339766) ([md](https://advisorcensus.com/firm/five-lakes-advisory-llc-richmond-va-339766.md)) | 339766 | Richmond, VA | State-registered investment adviser | Not reported | 0 | Fixed fee |
| [Founders Grove Wealth Partners, LLC](https://advisorcensus.com/firm/founders-grove-wealth-partners-llc-richmond-va-331352) ([md](https://advisorcensus.com/firm/founders-grove-wealth-partners-llc-richmond-va-331352.md)) | 331352 | Richmond, VA | SEC-registered investment adviser | $500 million to $1 billion | 2 | % of assets, Fixed fee |
| [Freedom Capital Management](https://advisorcensus.com/firm/freedom-capital-management-glen-allen-va-313926) ([md](https://advisorcensus.com/firm/freedom-capital-management-glen-allen-va-313926.md)) | 313926 | Glen Allen, VA | State-registered investment adviser | Under $25 million | 5 | % of assets |
| [Fuller Wealth Advisors](https://advisorcensus.com/firm/fuller-wealth-advisors-richmond-va-158891) ([md](https://advisorcensus.com/firm/fuller-wealth-advisors-richmond-va-158891.md)) | 158891 | Richmond, VA | State-registered investment adviser | $25 million to $100 million | 15 | % of assets, Hourly, Fixed fee |
| [Gateway Financial Group, Inc.](https://advisorcensus.com/firm/gateway-financial-group-inc-henrico-va-115619) ([md](https://advisorcensus.com/firm/gateway-financial-group-inc-henrico-va-115619.md)) | 115619 | Henrico, VA | State-registered investment adviser | Under $25 million | 28 | % of assets, Fixed fee |
| [Heritage Wealth Advisors](https://advisorcensus.com/firm/heritage-wealth-advisors-richmond-va-137484) ([md](https://advisorcensus.com/firm/heritage-wealth-advisors-richmond-va-137484.md)) | 137484 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 20 | % of assets, Fixed fee |
| [Hunter Michael Investment Advisors Inc](https://advisorcensus.com/firm/hunter-michael-investment-advisors-inc-richmond-va-107884) ([md](https://advisorcensus.com/firm/hunter-michael-investment-advisors-inc-richmond-va-107884.md)) | 107884 | Richmond, VA | SEC-registered investment adviser | $25 million to $100 million | 28 | % of assets, Fixed fee |
| [Hussmen Financial](https://advisorcensus.com/firm/hussmen-financial-midlothian-va-148127) ([md](https://advisorcensus.com/firm/hussmen-financial-midlothian-va-148127.md)) | 148127 | Midlothian, VA | State-registered investment adviser | $25 million to $100 million | 14 | Hourly, Fixed fee |
| [Impact Financial, LLC](https://advisorcensus.com/firm/impact-financial-llc-henrico-va-323394) ([md](https://advisorcensus.com/firm/impact-financial-llc-henrico-va-323394.md)) | 323394 | Henrico, VA | State-registered investment adviser | $25 million to $100 million | 4 | % of assets, Hourly, Fixed fee |
| [Just a Conversation, LLC](https://advisorcensus.com/firm/just-a-conversation-llc-midlothian-va-339268) ([md](https://advisorcensus.com/firm/just-a-conversation-llc-midlothian-va-339268.md)) | 339268 | Midlothian, VA | State-registered investment adviser | Not reported | 0 | Hourly, Fixed fee |
| [Kennondale Capital Management](https://advisorcensus.com/firm/kennondale-capital-management-richmond-va-299863) ([md](https://advisorcensus.com/firm/kennondale-capital-management-richmond-va-299863.md)) | 299863 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets |
| [Kinloch Capital, LLC](https://advisorcensus.com/firm/kinloch-capital-llc-glen-allen-va-300735) ([md](https://advisorcensus.com/firm/kinloch-capital-llc-glen-allen-va-300735.md)) | 300735 | Glen Allen, VA | SEC-registered investment adviser | $100 million to $500 million | 7 | % of assets, Hourly, Fixed fee |
| [Limiter Financial LLC](https://advisorcensus.com/firm/limiter-financial-llc-richmond-va-342617) ([md](https://advisorcensus.com/firm/limiter-financial-llc-richmond-va-342617.md)) | 342617 | Richmond, VA | State-registered investment adviser | Under $25 million | 0 | % of assets |
| [Midatlantic Capital Management, Inc.](https://advisorcensus.com/firm/midatlantic-capital-management-inc-richmond-va-116524) ([md](https://advisorcensus.com/firm/midatlantic-capital-management-inc-richmond-va-116524.md)) | 116524 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 20 | % of assets, Fixed fee |
| [Oxford Capital Management](https://advisorcensus.com/firm/oxford-capital-management-richm0nd-va-118359) ([md](https://advisorcensus.com/firm/oxford-capital-management-richm0nd-va-118359.md)) | 118359 | Richm0nd, VA | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets |
| [Redmond Asset Management, LLC](https://advisorcensus.com/firm/redmond-asset-management-llc-henrico-va-138706) ([md](https://advisorcensus.com/firm/redmond-asset-management-llc-henrico-va-138706.md)) | 138706 | Henrico, VA | SEC-registered investment adviser | $500 million to $1 billion | 20 | % of assets |
| [Rock Steady Wealth, Inc.](https://advisorcensus.com/firm/rock-steady-wealth-inc-richmond-va-226639) ([md](https://advisorcensus.com/firm/rock-steady-wealth-inc-richmond-va-226639.md)) | 226639 | Richmond, VA | State-registered investment adviser | Under $25 million | 11 | % of assets, Hourly, Fixed fee |
| [Roseline Capitol Advisors, LLC](https://advisorcensus.com/firm/roseline-capitol-advisors-llc-richmond-va-137604) ([md](https://advisorcensus.com/firm/roseline-capitol-advisors-llc-richmond-va-137604.md)) | 137604 | Richmond, VA | State-registered investment adviser | $25 million to $100 million | 12 | % of assets, Hourly, Fixed fee |
| [Spider Management Company, LLC](https://advisorcensus.com/firm/spider-management-company-llc-richmond-va-149343) ([md](https://advisorcensus.com/firm/spider-management-company-llc-richmond-va-149343.md)) | 149343 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 16 | % of assets |
| [Tennext LLC](https://advisorcensus.com/firm/tennext-llc-richmond-va-337549) ([md](https://advisorcensus.com/firm/tennext-llc-richmond-va-337549.md)) | 337549 | Richmond, VA | State-registered investment adviser | Under $25 million | 1 | % of assets |
| [The Capital Management Corporation](https://advisorcensus.com/firm/the-capital-management-corporation-glen-allen-va-112242) ([md](https://advisorcensus.com/firm/the-capital-management-corporation-glen-allen-va-112242.md)) | 112242 | Glen Allen, VA | SEC-registered investment adviser | $500 million to $1 billion | 49 | % of assets |
| [The Hatton Financial Group, LLC](https://advisorcensus.com/firm/the-hatton-financial-group-llc-richmond-va-111349) ([md](https://advisorcensus.com/firm/the-hatton-financial-group-llc-richmond-va-111349.md)) | 111349 | Richmond, VA | State-registered investment adviser | Not reported | 39 | Hourly |
| [The London Company of Virginia](https://advisorcensus.com/firm/the-london-company-of-virginia-richmond-va-106654) ([md](https://advisorcensus.com/firm/the-london-company-of-virginia-richmond-va-106654.md)) | 106654 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 32 | % of assets |
| [Thetford Investment Management, Inc.](https://advisorcensus.com/firm/thetford-investment-management-inc-west-point-va-113426) ([md](https://advisorcensus.com/firm/thetford-investment-management-inc-west-point-va-113426.md)) | 113426 | West Point, VA | State-registered investment adviser | $25 million to $100 million | 7 | % of assets |
| [Tone Capital, LLC](https://advisorcensus.com/firm/tone-capital-llc-richmond-va-285622) ([md](https://advisorcensus.com/firm/tone-capital-llc-richmond-va-285622.md)) | 285622 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Hourly, Fixed fee |
| [Watch Hill Financial Inc](https://advisorcensus.com/firm/watch-hill-financial-inc-richmond-va-343646) ([md](https://advisorcensus.com/firm/watch-hill-financial-inc-richmond-va-343646.md)) | 343646 | Richmond, VA | SEC-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [Wealthcrossing](https://advisorcensus.com/firm/wealthcrossing-richmond-va-132513) ([md](https://advisorcensus.com/firm/wealthcrossing-richmond-va-132513.md)) | 132513 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 21 | % of assets, Fixed fee |
| [Wills Financial Group, LLC](https://advisorcensus.com/firm/wills-financial-group-llc-richmond-va-334431) ([md](https://advisorcensus.com/firm/wills-financial-group-llc-richmond-va-334431.md)) | 334431 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Hourly |
| [Yes Life Financial](https://advisorcensus.com/firm/yes-life-financial-glen-allen-va-298020) ([md](https://advisorcensus.com/firm/yes-life-financial-glen-allen-va-298020.md)) | 298020 | Glen Allen, VA | State-registered investment adviser | Under $25 million | 7 | % of assets, Fixed fee |

## Questions people ask

**How many financial advisory firms are there in Richmond, VA?**
AdvisorCensus lists 125 investment advisory firms with a principal office in the Richmond metro area, from Form ADV filings as of October 2026: 69 SEC-registered, 47 state-registered, and 9 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV.

**How many fee-only financial advisors are in Richmond, VA?**
46 of the 125 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed.

**How many financial advisors in Richmond, VA offer financial planning?**
81 of the 116 firms in Richmond, VA that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports.

**Are the financial advisors in Richmond, VA fiduciaries?**
Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 46 firms that meet AdvisorCensus's fee-only test report none of those sales ties.

**How do I check whether a financial advisor has disciplinary disclosures?**
Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck.

**Does AdvisorCensus rate, verify, or recommend these firms?**
No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content.

**What does regulatory assets under management mean?**
Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality.

## Related pages

- [Financial advisors in Virginia](https://advisorcensus.com/advisors/va) (https://advisorcensus.com/advisors/va.md)
- [Financial advisors in Richmond, VA](https://advisorcensus.com/advisors/va/richmond) (https://advisorcensus.com/advisors/va/richmond.md)
- [Fee-only financial advisors in Virginia](https://advisorcensus.com/advisors/va/fee-only) (https://advisorcensus.com/advisors/va/fee-only.md)
- [Flat-fee financial advisors in Richmond, VA](https://advisorcensus.com/advisors/va/richmond/flat-fee) (https://advisorcensus.com/advisors/va/richmond/flat-fee.md)
- [Hourly financial advisors in Richmond, VA](https://advisorcensus.com/advisors/va/richmond/hourly) (https://advisorcensus.com/advisors/va/richmond/hourly.md)
- [Financial advisors for pre-retirees in Richmond, VA](https://advisorcensus.com/advisors/va/richmond/pre-retirees) (https://advisorcensus.com/advisors/va/richmond/pre-retirees.md)
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- [Financial advisors in Charlottesville](https://advisorcensus.com/advisors/va/charlottesville) (https://advisorcensus.com/advisors/va/charlottesville.md)
- [Financial advisors in Roanoke](https://advisorcensus.com/advisors/va/roanoke) (https://advisorcensus.com/advisors/va/roanoke.md)
- [Financial advisors in Lynchburg](https://advisorcensus.com/advisors/va/lynchburg) (https://advisorcensus.com/advisors/va/lynchburg.md)
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- [Financial advisors in Winchester](https://advisorcensus.com/advisors/va/winchester) (https://advisorcensus.com/advisors/va/winchester.md)
- [Financial advisors in Staunton](https://advisorcensus.com/advisors/va/staunton) (https://advisorcensus.com/advisors/va/staunton.md)

Cite as: AdvisorCensus. Fee-only financial advisors in Richmond, VA: 46 firms from Form ADV filings as of October 2026.