John Hoffer is a CFP-designated registered investment advisor at Hermitage Wealth, based in Richmond, VA, with 25 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 2 more. Their firm serves 45 clients.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Hermitage Wealth does not directly manage investments but helps clients select third-party money managers. Fees for these managers vary. Hermitage Wealth's fees are negotiable and fall within these ranges:
- First $0 - $500,000: 0.90% - 1.50% per year
- Next $500,000 ($500,001 - $1,000,000): 0.80% - 1.35% per year
- Next $500,000 ($1,000,001 - $1,500,000): 0.70% - 1.20% per year
- Next $500,000 ($1,500,001 - $2,000,000): 0.60% - 1.10% per year
- Next $2,000,000 ($2,000,001 - $4,000,000): 0.50% - 1.05% per year
- Remaining Assets Exceeding $4,000,001: 0.40% - 1.00% per year
These fees are in addition to the fees charged by the third-party money managers.
Location
3761 Westerre Parkway, Suite G, Richmond, VA, 23233
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
John is the President, CEO, Financial Planner, and Investment Advisor Representative for Hermitage Wealth Management, Inc., dedicating nearly full-time hours to this role. He also owns and manages several rental properties and solicits fixed insurance products for clients, spending a few hours per week on insurance.
Employment History
Current Registrations
Hermitage Wealth
Osaic Wealth, INC.Broker
Previous Registrations
Osaic Wealth, INC.
Signator Investors, INC.
Signator Investors, INC.Broker
State Registrations26 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.