Financial advisors for retirees in Richmond, Virginia

Which financial advisor should I talk to as a retiree in Richmond?

For retirees in Richmond, talk to a fee-only planner who already works with people drawing down their savings. Your questions have moved from saving to spending, so look for steady withdrawals, tax-aware RMD planning, and care planning. Records to start with include Brian Welch of Verus Financial Partners, Mark Fonville of Covenant Wealth Advisors and Walter Jessee of Impact Financial.

How many fee-only financial advisors in Richmond work with retirees?

The Wellspent public graph lists 39 fee-only advisors for retirees in Richmond, at 9 firms. We counted every advisor record that lists this work, as of October 2026.

How do fee-only advisors for retirees in Richmond charge?

The most common fee among fee-only advisors for retirees in Richmond is a percentage of assets, used by 97% of the 39 with fees on file. Many use more than one: 23% charge fixed fees and 5% charge an ongoing planning fee.

How much do fee-only financial advisors charge in Virginia?

Fee-only financial advisors in Virginia charge a median of $4,992 a year for ongoing planning. We found this across the published prices of 25 Virginia firms.

How much does a one-time financial plan cost in Virginia?

A one-time financial plan from a fee-only firm in Virginia has a median price of $1,500. We found this across the published prices of 21 Virginia firms.

See every fee-only advisor fee in Virginia

What credentials should a financial advisor for retirees have?

For retirees, look for the CFP. In Richmond, 67% of the 39 advisors listed hold the CFP.

Does Virginia tax Social Security?

No. Virginia doesn't tax Social Security. Its treatment of IRA withdrawals and pensions has its own rules, so ask to see them in your plan.

What should I ask a financial advisor as a retiree in Richmond?

1. How much can I spend each year, and how will you adjust it?
2. How do you plan around RMDs and Medicare premiums?
3. How would you pay for long-term care if I needed it?
4. What happens if I can't manage this myself, or my spouse dies first?
5. How does Virginia tax each source of my retirement income?

How current is this list of fee-only advisors for retirees in Richmond?

Wellspent last checked these records against SEC records in October 2026 and firm websites in October 2026. Each advisor's page shows the date for that record.