Notably the home of Arlington National Cemetery and the Pentagon, Arlington is also located directly across the Potomac River from Washington, D.C., one of the largest business hubs in the country. While a separate city, Arlington has plenty of business activity itself, leading to a population of successful individuals like yourself who might need the services of a financial advisor. Fortunately, there are plenty of firms operating in the area that can help.
Here are the top five financial advisors in the city of Arlington, Virginia that we recommend working with:
- Evermay Wealth Management, LLC
Evermay Wealth Management, LLC is our top choice, and it manages over $539 million in assets on behalf of its clients. There is no minimum account requirement to work with them, but there is a $5,000 minimum annual fee which you should take into consideration.
Founded in 2008, the firm has been dominating the Arlington financial planning market ever since it got started. There are eight talented financial advisors on staff. The firm utilizes five different portfolio models for investing, and the company will choose the model that is the best fit for you depending on your individual needs and risk tolerance. The company prefers to invest its clients’ assets in fixed income securities and equities.
You can expect the following working with Evermay Wealth Management, LLC:
- A fee-only compensation structure which eliminates conflicts of interest
- Expertise with insurance management and tax planning in addition to portfolio management
- The use of cutting-edge technology to secure client information and to create optimized financial plans
- Omega Wealth Management, LLC
Founded in 1999 with three financial advisors on staff, Omega Wealth Management, LLC has over $104 million in assets under management. There is no account minimum or any other requirement to work with them, making Omega a very accessible firm.
The company focuses heavily on the individual goals of the client. Portfolios are created to give the client the highest possible chance of reaching his or her financial goals. Mutual fund shares, bonds, and exchange-listed securities are the most common assets that the company invests in.
You can expect the following working with Omega Wealth Management, LLC:
- A fee-based compensation structure
- A heavy focus on retirement planning
- A long-term approach to investing where most assets are held for at least a year.
Entelechy is another one of Arlington’s top financial advisors. This firm is named after the word “entelechy,” which was coined by Aristotle. It means the realization of potential or becoming all that one is capable of becoming. The advisors at Entelechy want you to reach your full financial potential.
Entelechy is run by Ben Brown, CFP, EA, who has many years of experience working in the field. The firm has a minimum annual fee of $6000, which can be paid monthly, quarterly, or annually. Entelechy offers services relating to financial planning, investment portfolio management, and tax planning and preparation. There are no onboarding fees with Entelechy, unlike with many other firms.
You can expect the following working with Entelechy:
- A fee-only compensation structure
- Extremely transparent pricing
- Comprehensive financial planning that is centered around the wealth goals that you have for yourself and your family
- First Command Financial Planning
Located right on Richmond Highway, First Command Financial Planning provides sound financial planning through all stages of life. First Command Financial Planning is also one of the nation’s top military-friendly brands. A large percentage of First Command’s clients are military members and military families, and notably, this firm has offices in locations across the country, many of them close to military bases.
They offer a wide range of financial services including asset management, income planning, retirement planning, and education planning. The firm also can help you obtain great life insurance, auto insurance, homeowners’ insurance, and disability insurance policies.
The firm also helps its clients with personal banking, trust services, debt consolidation, and credit cards. So, if you are looking for a financial planner that goes way above and beyond asset management and retirement planning, then this firm could be an excellent choice for you.
You can expect the following working with First Command Financial Planning:
- Extreme respect and appreciation for military families
- Excellent educational resources on the company’s website
- Financial planning that encompasses every aspect of your financial life
- Pavlov Financial Planning
Pavlov Financial Planning is the final firm on our list. The company’s slogan is “make better financial decisions while living around the world.” It is very important to the company that its clients are able to have the financial freedom to roam the world as they please. As a result, the company specializes in helping people to manage their finances in multiple countries.
If you are someone who travels frequently, then this is the ideal financial advisors for you to work with. They will learn about your unique financial situation, your travel habits, and your personal financial goals. Then they will create a financial plan for you that accommodates all of these things. They will monitor your portfolio consistently and help you to deal with the challenges of living in multiple countries and traveling frequently.
You can expect the following working with Pavlov Financial Planning:
- Highly customized financial portfolios that prioritize diversification and risk management
- Expertise in dealing with international financial issues
- Being your financial home base while you roam the world
Partnering with any of these five companies can be an excellent decision for your financial future. It’s true that you can create a financial plan or manage your portfolio yourself. However, you can save a lot of time by letting one of these firms to do these things for you. We understand that this can be a tough choice, but we ask you to consider each of the above options. We wish you the best of luck if you decide to move forward with one of these companies.