# Financial advisors for high-net-worth individuals in Richmond, VA

> AdvisorCensus lists 89 investment advisory firms with a principal office in the Richmond metro area that report high-net-worth individuals 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-high-net-worth-individuals/page/2

## At a glance

- Investment advisory firms: 89
- Registration: SEC-registered investment adviser: 60, State-registered investment adviser: 29
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 35 (39%); Percentage of assets 86 (97%); Hourly charges 42 (47%); Subscription fees (newsletter or periodical) 3 (3%); Fixed fees 60 (67%); Commissions 3 (3%); Performance-based fees 12 (13%); Other 12 (13%)
- Regulatory assets under management (Item 5.F): Under $25 million 7 (8%); $25 million to $100 million 19 (21%); $100 million to $500 million 32 (36%); $500 million to $1 billion 9 (10%); $1 billion to $5 billion 14 (16%); Over $5 billion 7 (8%); Not reported 1 (1%)
- Years registered: Under 5 years 24 (27%); 5 to 9 years 24 (27%); 10 to 19 years 18 (20%); 20 years or more 23 (26%)

## Firms (page 2 of 2, 51 to 89 of 89, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [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 |
| [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 |
| [Northstar Wealth Management LLC](https://advisorcensus.com/firm/northstar-wealth-management-llc-chesterfield-va-325128) ([md](https://advisorcensus.com/firm/northstar-wealth-management-llc-chesterfield-va-325128.md)) | 325128 | Chesterfield, VA | State-registered investment adviser | $25 million to $100 million | 3 | % of assets, Fixed fee, Other |
| [Norton Capital Management, Inc.](https://advisorcensus.com/firm/norton-capital-management-inc-henrico-va-110398) ([md](https://advisorcensus.com/firm/norton-capital-management-inc-henrico-va-110398.md)) | 110398 | Henrico, VA | SEC-registered investment adviser | $100 million to $500 million | 8 | % of assets, Other |
| [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 |
| [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 |
| [Rcplanners](https://advisorcensus.com/firm/rcplanners-glen-allen-va-298369) ([md](https://advisorcensus.com/firm/rcplanners-glen-allen-va-298369.md)) | 298369 | Glen Allen, VA | SEC-registered investment adviser | $100 million to $500 million | 0 | % 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 |
| [Rise Wealth Partners LLC](https://advisorcensus.com/firm/rise-wealth-partners-llc-mechanicsville-va-327073) ([md](https://advisorcensus.com/firm/rise-wealth-partners-llc-mechanicsville-va-327073.md)) | 327073 | Mechanicsville, VA | State-registered investment adviser | $25 million to $100 million | 2 | % 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 |
| [Salomon and Ludwin](https://advisorcensus.com/firm/salomon-and-ludwin-richmond-va-292456) ([md](https://advisorcensus.com/firm/salomon-and-ludwin-richmond-va-292456.md)) | 292456 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 8 | % of assets |
| [Schutt Capital Management LLC](https://advisorcensus.com/firm/schutt-capital-management-llc-richmond-va-149266) ([md](https://advisorcensus.com/firm/schutt-capital-management-llc-richmond-va-149266.md)) | 149266 | Richmond, VA | State-registered investment adviser | $25 million to $100 million | 17 | % of assets, Performance 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 |
| [Spark Financial Advisors](https://advisorcensus.com/firm/spark-financial-advisors-richmond-va-296914) ([md](https://advisorcensus.com/firm/spark-financial-advisors-richmond-va-296914.md)) | 296914 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Hourly, Fixed fee, Other |
| [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 |
| [Taylor Hoffman Capital Management](https://advisorcensus.com/firm/taylor-hoffman-capital-management-richmond-va-309329) ([md](https://advisorcensus.com/firm/taylor-hoffman-capital-management-richmond-va-309329.md)) | 309329 | Richmond, VA | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly, Fixed fee, Performance fee |
| [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 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 |
| [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 |
| [Vernon Management Group, Incorporated](https://advisorcensus.com/firm/vernon-management-group-incorporated-richm0nd-va-117666) ([md](https://advisorcensus.com/firm/vernon-management-group-incorporated-richm0nd-va-117666.md)) | 117666 | Richm0nd, VA | State-registered investment adviser | $25 million to $100 million | 30 | % of assets, Hourly, Subscription, Fixed fee, Other |
| [Verus Financial Partners](https://advisorcensus.com/firm/verus-financial-partners-richmond-va-106744) ([md](https://advisorcensus.com/firm/verus-financial-partners-richmond-va-106744.md)) | 106744 | Richmond, VA | SEC-registered investment adviser | $1 billion to $5 billion | 34 | % of assets, Fixed fee |
| [Virginia Estate and Retirement Planning Advisors, Inc.](https://advisorcensus.com/firm/virginia-estate-and-retirement-planning-advisors-inc-glen-allen-va-151510) ([md](https://advisorcensus.com/firm/virginia-estate-and-retirement-planning-advisors-inc-glen-allen-va-151510.md)) | 151510 | Glen Allen, VA | State-registered investment adviser | $100 million to $500 million | 16 | % of assets, Hourly, Fixed fee |
| [Virginia Investment Advisory, Inc.](https://advisorcensus.com/firm/virginia-investment-advisory-inc-henrico-va-117121) ([md](https://advisorcensus.com/firm/virginia-investment-advisory-inc-henrico-va-117121.md)) | 117121 | Henrico, VA | State-registered investment adviser | $25 million to $100 million | 31 | % of assets, Hourly, Fixed fee |
| [Vision Wealth Planning, LLC](https://advisorcensus.com/firm/vision-wealth-planning-llc-glen-allen-va-165456) ([md](https://advisorcensus.com/firm/vision-wealth-planning-llc-glen-allen-va-165456.md)) | 165456 | Glen Allen, VA | State-registered investment adviser | $25 million to $100 million | 13 | % 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 |
| [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 |
| [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 |
| [Welcome Home Wealth Advisors LLC](https://advisorcensus.com/firm/welcome-home-wealth-advisors-llc-north-chesterfield-va-326027) ([md](https://advisorcensus.com/firm/welcome-home-wealth-advisors-llc-north-chesterfield-va-326027.md)) | 326027 | North Chesterfield, VA | State-registered investment adviser | $25 million to $100 million | 3 | % of assets, Other |
| [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 |
| [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 |

- Previous page: https://advisorcensus.com/advisors/va/richmond/for-high-net-worth-individuals.md

## Questions people ask

**Which financial advisors in Richmond, VA work with high-net-worth individuals?**
89 investment advisory firms with a principal office in the Richmond metro area report high-net-worth individuals 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

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- [Financial advisors in Richmond, VA](https://advisorcensus.com/advisors/va/richmond) (https://advisorcensus.com/advisors/va/richmond.md)
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Cite as: AdvisorCensus. Financial advisors for high-net-worth individuals in Richmond, VA: 89 firms from Form ADV filings as of October 2026.