Craig Smelley
Craig Smelley is a registered investment advisor at Virginia Investment Advisory, INC., based in Richmond, VA, with 43 years of industry experience. Craig operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 143 clients with $73M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Virginia Investment Advisory offers asset management programs and portfolio management services. Fees are based on a percentage of your portfolio. The specific percentage depends on the fee schedule assigned to your account type (individual securities, mutual funds/ETFs, or asset management programs) and the amount you invest. There are multiple fee schedules, each with different rates. There is also an option to add 0.25% for consulting considerations and 0.10% for household billing.
Location
3410 Cutshaw Avenue, Richmond, VA, 23230
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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 ActivitiesSells Insurance
Craig is the president and registered investment advisor of Virginia Investment Advisory, Inc. He is also an insurance agent since 2011.
Employment History
Current Registrations
Virginia Investment Advisory, INC.
Previous Registrations
American Portfolios Financial Services, INC.Broker
Walnut Street Securities, INC.Broker
Nathan & Lewis Securities, INC.Broker
Mfi Investments CORP.Broker
Scott & Stringfellow Investment CorporationBroker
Branch, Cabell and CompanyBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations3 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.