Jacob Favaro is a CFP-designated registered investment advisor at Brown Edwards Wealth Strategies, based in Glen Allen, VA, with 10 years of industry experience. Jacob operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 200 clients with $330M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 0.90% |
| $1.0M - $2.0M | 0.70% |
| $2.0M - $3.0M | 0.50% |
| $3.0M - $5.0M | 0.40% |
| $5M+ | 0.35% |
All accounts for members of the client’s household (i.e., husband, wife, and dependent children) or related businesses may be assessed fees based on the total balance of all accounts. Fees and account minimums may be negotiable under certain circumstances.
Fee Estimator
Location
4951 Lake Brook Drive, Suite 375, Glen Allen, VA, 23060
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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 Activities
Jacob is a partner and CPA at Brown, Edwards & Company, L.L.P. since February 2023. This non-investment related activity takes nearly full-time hours, mostly during securities trading hours.
Employment History
Current Registrations
Brown Edwards Wealth Strategies
Previous Registrations
The Colony Group, LLC
State Registrations1 state
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