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Stephen Saal

Virginia Wealth Management Group, INC.
45 Years of Experience
Virginia Beach, VA
1 Disclosure
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Stephen Saal is a registered investment advisor at Virginia Wealth Management Group, INC., based in Virginia Beach, VA, with 45 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Divorce Planning, Education Planning, and 7 more. Their firm serves 117 clients with $390M in assets under management.

Virginia Wealth Management Group, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3 advisors
Number of Clients
117 clients
Average Client Portfolio
$3.4M average
Assets Under Management
$393.8M

Fee Structure

Minimum Investment:None
Planning is included in investment management
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.00%

Maximum annual fee is 1.00% of assets under management. Fees may be negotiable based on account size, composition, and other factors.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

4460 Corporation Lane, Suite 180, Virginia Beach, VA, 23462

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2008
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Stephen is a 50% owner of VWMG Partners, LLC, an investment-related business. He spends minimal time on this activity.

Employment History
Current Registrations
Virginia Wealth Management Group, INC.
February 2021 - Present · 5 yrs 8 mos
Previous Registrations
Wells Fargo Advisors Financial Network, LLCBroker
May 2006 - February 2021 · 14 yrs 9 mos
Wells Fargo Advisors Financial Network, LLC
May 2006 - February 2021 · 14 yrs 9 mos
Wachovia Securities, LLC
June 2002 - May 2006 · 3 yrs 11 mos
Wachovia Securities, LLCBroker
June 2002 - May 2006 · 3 yrs 11 mos
Wachovia Securities, INC.
October 1997 - June 2002 · 4 yrs 8 mos
Wachovia Securities, INC.Broker
September 1997 - June 2002 · 4 yrs 9 mos
Prudential Securities IncorporatedBroker
December 1987 - September 1997 · 9 yrs 9 mos
E. F. Hutton & Company INCBroker
June 1984 - January 1988 · 3 yrs 7 mos
Wheat, First Securities, INC.Broker
January 1981 - May 1984 · 3 yrs 4 mos
State Registrations1 state
VA
Advisor

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.

Exams
No exam information available for this advisor.
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