# Financial advisors for businesses in Richmond, VA

> AdvisorCensus lists 40 investment advisory firms with a principal office in the Richmond metro area that report businesses among their clients on Form ADV Item 5.D, from filings as of October 2026. Item 5.D asks each firm which types of clients it advises; reporting a client type means the firm serves it, not that it serves only that type. Firms are listed alphabetically; each firm's page lists its client types as filed.

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

## At a glance

- Investment advisory firms: 40
- Registration: SEC-registered investment adviser: 32, State-registered investment adviser: 8
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 15 (38%); Percentage of assets 38 (95%); Hourly charges 16 (40%); Subscription fees (newsletter or periodical) 1 (3%); Fixed fees 26 (65%); Commissions 2 (5%); Performance-based fees 8 (20%); Other 3 (8%)
- Regulatory assets under management (Item 5.F): Under $25 million 3 (8%); $25 million to $100 million 6 (15%); $100 million to $500 million 9 (23%); $500 million to $1 billion 5 (13%); $1 billion to $5 billion 9 (23%); Over $5 billion 7 (18%); Not reported 1 (3%)
- Years registered: Under 5 years 8 (20%); 5 to 9 years 7 (18%); 10 to 19 years 8 (20%); 20 years or more 17 (43%)

## Firms (page 1 of 1, 1 to 40 of 40, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [Agincourt Capital Management, LLC](https://advisorcensus.com/firm/agincourt-capital-management-llc-richmond-va-112096) ([md](https://advisorcensus.com/firm/agincourt-capital-management-llc-richmond-va-112096.md)) | 112096 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 27 | % of assets, Performance 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 |
| [Aspan Capital LLC](https://advisorcensus.com/firm/aspan-capital-llc-richmond-va-340311) ([md](https://advisorcensus.com/firm/aspan-capital-llc-richmond-va-340311.md)) | 340311 | Richmond, VA | State-registered investment adviser | Not reported | 0 | Performance fee |
| [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 |
| [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 |
| [Brockenbrough](https://advisorcensus.com/firm/brockenbrough-richmond-va-105142) ([md](https://advisorcensus.com/firm/brockenbrough-richmond-va-105142.md)) | 105142 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 56 | % of assets, Fixed fee, Performance fee |
| [Campbell Deegan Financial](https://advisorcensus.com/firm/campbell-deegan-financial-richmond-va-293020) ([md](https://advisorcensus.com/firm/campbell-deegan-financial-richmond-va-293020.md)) | 293020 | Richmond, VA | SEC-registered investment adviser | $500 million to $1 billion | 8 | % of assets, Fixed fee |
| [Capitol Securities Management, Inc.](https://advisorcensus.com/firm/capitol-securities-management-inc-glen-allen-va-14169) ([md](https://advisorcensus.com/firm/capitol-securities-management-inc-glen-allen-va-14169.md)) | 14169 | Glen Allen, VA | SEC-registered investment adviser | $1 billion to $5 billion | 34 | % of assets, Hourly, Fixed fee |
| [Cary Street Partners](https://advisorcensus.com/firm/cary-street-partners-richmond-va-128545) ([md](https://advisorcensus.com/firm/cary-street-partners-richmond-va-128545.md)) | 128545 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 21 | % of assets, Hourly, Fixed fee, Performance fee, Other |
| [Cary Street Partners Asset Management](https://advisorcensus.com/firm/cary-street-partners-asset-management-richmond-va-289178) ([md](https://advisorcensus.com/firm/cary-street-partners-asset-management-richmond-va-289178.md)) | 289178 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 9 | % of assets, Fixed fee |
| [Cobblestone Asset Management](https://advisorcensus.com/firm/cobblestone-asset-management-richmond-va-326545) ([md](https://advisorcensus.com/firm/cobblestone-asset-management-richmond-va-326545.md)) | 326545 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 3 | % of assets |
| [Davenport & Company LLC](https://advisorcensus.com/firm/davenport-and-company-llc-richmond-va-1588) ([md](https://advisorcensus.com/firm/davenport-and-company-llc-richmond-va-1588.md)) | 1588 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 49 | % of assets, Hourly, Fixed fee, Commissions, Performance fee, Other |
| [Fifth Pointe](https://advisorcensus.com/firm/fifth-pointe-richmond-va-324305) ([md](https://advisorcensus.com/firm/fifth-pointe-richmond-va-324305.md)) | 324305 | Richmond, VA | State-registered investment adviser | Under $25 million | 3 | % of assets, Hourly, Fixed fee, Commissions |
| [Godsey & Gibb Wealth Management](https://advisorcensus.com/firm/godsey-and-gibb-wealth-management-richmond-va-105650) ([md](https://advisorcensus.com/firm/godsey-and-gibb-wealth-management-richmond-va-105650.md)) | 105650 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 41 | % of assets, Other |
| [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 |
| [James River Asset Management, LLC](https://advisorcensus.com/firm/james-river-asset-management-llc-midlothian-va-117917) ([md](https://advisorcensus.com/firm/james-river-asset-management-llc-midlothian-va-117917.md)) | 117917 | Midlothian, VA | SEC-registered investment adviser | $100 million to $500 million | 8 | % of assets, Hourly, Fixed fee |
| [Kanawha Capital Management, LLC](https://advisorcensus.com/firm/kanawha-capital-management-llc-richmond-va-118458) ([md](https://advisorcensus.com/firm/kanawha-capital-management-llc-richmond-va-118458.md)) | 118458 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 24 | % of assets, 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 |
| [McKay Wealth Management Group LLC](https://advisorcensus.com/firm/mckay-wealth-management-group-llc-richmond-va-281578) ([md](https://advisorcensus.com/firm/mckay-wealth-management-group-llc-richmond-va-281578.md)) | 281578 | Richmond, VA | State-registered investment adviser | $25 million to $100 million | 10 | % of assets, Hourly, Fixed fee |
| [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 |
| [Nasdaq Dorsey Wright](https://advisorcensus.com/firm/nasdaq-dorsey-wright-richmond-va-104925) ([md](https://advisorcensus.com/firm/nasdaq-dorsey-wright-richmond-va-104925.md)) | 104925 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 39 | % of assets, Hourly, Subscription, Fixed fee |
| [Paragon Financial Services](https://advisorcensus.com/firm/paragon-financial-services-richmond-va-164832) ([md](https://advisorcensus.com/firm/paragon-financial-services-richmond-va-164832.md)) | 164832 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly, Fixed fee |
| [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 |
| [Richmond Capital Management Inc](https://advisorcensus.com/firm/richmond-capital-management-inc-richmond-va-104636) ([md](https://advisorcensus.com/firm/richmond-capital-management-inc-richmond-va-104636.md)) | 104636 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 44 | % of assets, Performance fee |
| [Riverfront Investment Group, LLC](https://advisorcensus.com/firm/riverfront-investment-group-llc-richmond-va-146221) ([md](https://advisorcensus.com/firm/riverfront-investment-group-llc-richmond-va-146221.md)) | 146221 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 18 | % 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 |
| [Sima Wealth Partners, LLC](https://advisorcensus.com/firm/sima-wealth-partners-llc-richmond-va-159943) ([md](https://advisorcensus.com/firm/sima-wealth-partners-llc-richmond-va-159943.md)) | 159943 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets, Hourly, Fixed fee |
| [Steelhead Wealth Management](https://advisorcensus.com/firm/steelhead-wealth-management-glen-allen-va-338410) ([md](https://advisorcensus.com/firm/steelhead-wealth-management-glen-allen-va-338410.md)) | 338410 | Glen Allen, VA | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Fixed fee |
| [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 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 |
| [The Main Street Group](https://advisorcensus.com/firm/the-main-street-group-glen-allen-va-175502) ([md](https://advisorcensus.com/firm/the-main-street-group-glen-allen-va-175502.md)) | 175502 | Glen Allen, VA | SEC-registered investment adviser | $500 million to $1 billion | 8 | % of assets, Hourly, Fixed fee |
| [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 |
| [Thompson Davis Asset Management](https://advisorcensus.com/firm/thompson-davis-asset-management-richmond-va-41353) ([md](https://advisorcensus.com/firm/thompson-davis-asset-management-richmond-va-41353.md)) | 41353 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Fixed fee, Performance fee |
| [Thompson Siegel & Walmsley LLC](https://advisorcensus.com/firm/thompson-siegel-and-walmsley-llc-richmond-va-105726) ([md](https://advisorcensus.com/firm/thompson-siegel-and-walmsley-llc-richmond-va-105726.md)) | 105726 | Richmond, VA | SEC-registered investment adviser | Over $5 billion | 56 | % of assets, Performance 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 |
| [Wealthcare Capital Management LLC](https://advisorcensus.com/firm/wealthcare-capital-management-llc-richmond-va-111119) ([md](https://advisorcensus.com/firm/wealthcare-capital-management-llc-richmond-va-111119.md)) | 111119 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 25 | % of assets, Hourly, Fixed fee |
| [Z3 Capital Partners](https://advisorcensus.com/firm/z3-capital-partners-richmond-va-336791) ([md](https://advisorcensus.com/firm/z3-capital-partners-richmond-va-336791.md)) | 336791 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets |

## Questions people ask

**Which financial advisors in Richmond, VA work with businesses?**
40 investment advisory firms with a principal office in the Richmond metro area report businesses among their clients on Form ADV Item 5.D, as of October 2026; this page lists them. Form ADV Item 5.D asks every registered adviser which types of clients it advises, with the number of each and the assets it manages for them; a firm appears here when it reports at least one.

**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 Richmond, VA](https://advisorcensus.com/advisors/va/richmond/fee-only) (https://advisorcensus.com/advisors/va/richmond/fee-only.md)
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Cite as: AdvisorCensus. Financial advisors for businesses in Richmond, VA: 40 firms from Form ADV filings as of October 2026.