Finding a Top Financial Advisor in McLean, Virginia
If you're trying to find a financial advisor, the process can be a challenge. But we’re here to help. We dove deep into financial data to bring you the top 10 financial advisors in McLean, Virginia. We narrowed down our list based on factors like the size of assets under management (AUM) and scope of services provided.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Sullivan, Bruyette, Speros & Blayney, LLC Find an Advisor||$ 3,518,350,523||$1,000,000|| || |
|2||Cassaday & Co., Inc. Find an Advisor||$2,398,347,732||$500,000 per family|| || |
Minimum Assets$500,000 per family
|3||Andersen Tax, LLC Find an Advisor||$1,865,084,000||No set account minimum|| || |
Minimum AssetsNo set account minimum
|4||West Financial Services, LLC Find an Advisor||$159,400,000||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||Bogart Wealth, LLC Find an Advisor||$748,138,616||Varies by investment model|| || |
Minimum AssetsVaries by investment model
|6||Octagon Financial Services, Inc. Find an Advisor||$659,685,002||No set minimum account size|| || |
Minimum AssetsNo set minimum account size
|7||Bernhardt Wealth Management Find an Advisor||$398,913,912||$1,000,000|| || |
|8||Harbour Capital Advisors, LLC Find an Advisor||$210,952,600|| |
Varies based on account type
| || |
Varies based on account type
|9||Optifour Integrated Wealth Management Find an Advisor||$301,779,026||No set account minimum|| || |
Minimum AssetsNo set account minimum
|10||Sagevest Wealth Management Find an Advisor||$184,776,154||$1,000,000|| || |
How We Found the Top Financial Advisors in McLean, Virginia
The team at SmartAsset gathered information from all advisory firms in McLean that are registered with the Securities and Exchange Commission (SEC). We then eliminated firms that faced disclosures or disciplinary issues in the past 10 years and didn’t manage individual accounts. Moving forward, we ranked the remaining firms based on the size of AUM, from largest to smallest, to bring you the top 10 financial advisor firms in McLean, Virginia.
Sullivan, Bruyette, Speros & Blayney, LLC
Sullivan, Bruyette, Speros & Blayney (SBSB) is a financial advisory firm with more than $3 billion in assets under management (AUM). It provides investment portfolio management, financial planning and pension management services. For portfolio management services, you generally need at least $1 million.
If you work with SBSB, you’ll have access to a team of professionals with notable industry certifications. It features 29 certified financial planners (CFPs), 11 certified public accountants (CPAs), two certified private wealth advisors (CPWAs), three certified financial analyst (CFAs), two personal financial specialists and two accredited investment fiduciaries (AIFs).
Sullivan, Bruyette, Speros & Blayney, LLC Background
SBSB first opened its doors in McLean in 1991, and SBSB Holdings, LLC currently owns the fee-based firm. It serves individuals, businesses, trusts and non-profit organizations. Principals and Co-CEOs James Bruyette and Gregory Sullivan run the firm.
Sullivan, Bruyette, Speros & Blayney, LLC Investing Strategy
SBSC builds portfolios for its clients based on factors such as their risk tolerance and investment objectives. It generally focuses on long-term purchases of securities that will stay in your portfolio for at least a year. However, it also engages in short-term purchases and short sales when it deems appropriate.
Cassaday & Co., Inc.
Compared to most of the firms on this list, Cassaday & Co. requires a smaller balance of minimum assets to open an investment account. The fee-only firm requires a minimum investment of $500,000 across your family. For multiple years, Barron’s has recognized Cassady & Co. as the top financial advisory firm in Virginia. It currently holds more than $2 billion in assets under management.
The 18-member team features 12 certified financial planners (CFPs), 11 chartered mutual fund counselors (CMFCs), four financial paraplanner qualified professionals (FPQPs), three certified fund specialists (CFSs), two chartered retirement planning counselors (CRPCs), two chartered financial analysts (CFAs), two certified investment management analyst (CIMAs), one certified long-term care advisor (CLTC), one certified annuity specialist (CAS), one certified tax specialist (CTS), one certified estate and trust specialist (CES), one certified private wealth advisors (CPWA), one accredited investment fiduciary (AIF), one certified public accountant (CPA) and one chartered advisor in philanthropy (CAP).
Cassaday & Co., Inc. Background
Cassaday & Co. was founded in 1993. Before then, the firm’s president and CEO Stephan Cassaday had been working in the financial services space for nearly two decades.
The firm provides an array of services around investment advice, financial planning, retirement planning, tax and cash-flow analysis, death and disability financial planning and education funding.
Cassaday & Co., Inc. Investing Strategy
Cassaday & Co.’s investment strategy generally focuses on long-term planning driven by Modern Portfolio Theory. So it focuses heavily on building an asset allocation strategy that reflects your risk tolerance and long-term investment goals.
The firm generally constructs client portfolios with broadly traded, open-end mutual funds or conservative fixed-income securities.
Andersen Tax, LLC
Anderson Tax is a fee-based firm that provides financial planning, portfolio management services and other advisory services. Unlike most firms on this list, it does not require a set account minimum. However, some investment options may require one. For instance, you need a minimum investment to access mutual funds with certain share classes that allow for lower expense fees. Anderson Tax currently holds more than $1 billion in assets under management.
Anderson Tax, LLC Background
Formerly known as WTAS, Anderson Tax went into business with its new name in 2002. Since then, it has offered a variety of tax, valuation and financial advisory services. It serves mostly high-net-worth individuals. But it also extends services to trusts, foundations, endowments and charitable organizations.
Anderson Tax, LLC Investment Strategy
Anderson Tax examines the client’s financial situation and goals in order to construct a strategic investment plan and target asset allocation that reflects their risk tolerance. It focuses on the long term by taking into account projected future income and spending habits as well as inflation and tax policy changes.
West Financial Services, LLC
West Financial Services (WFS) is a fee-only firm that engages in financial planning, retirement plan consulting and investment management services, as well as executive and business consulting. It currently manages more than $1.4 billion in assets.
The team features 12 certified financial planners (CFPs), seven chartered financial analyst (CFAs), one certified employee benefits specialist (CEBS), two certified investment management analysts (CIMAs), one chartered advisor for senior living (CASLs) and one chartered alternative investment analyst (CAIA).
West Financial Services, LLC Background
WFS was founded in 1982. Today, it’s a wholly owned subsidiary of Sandy Springs Bancorp, Inc. It mostly works with high-net-worth individuals, businesses, retirement and other profit-sharing plans as well as charitable organizations.
In addition to investment advisory services, it offers direct financial planning services around several categories. These include insurance, business succession planning and stock option exercise strategies. The firm can also help you manage a 529 college savings plan and other education-related funds.
West Financial Services, LLC Investment Strategy
WFS aims to build investment portfolios based on their clients’ financial circumstances, risk tolerance and goals. Accounts are both discretionary and non-discretionary. This means the firm either does trades without running them by the client first or it allows the client to have control of asset allocation and other aspects of their portfolios.
Bogart Wealth, LLC
Bogart Wealth is a fee-based registered investment advisor (RIA) with more than $700 million in assets under management. The firm serves in a fiduciary capacity. This means it’s legally obligated to work in your best interests at all times. It also offers services through its custodian Charles Schwab. Bogart Wealth doesn’t impose any account minimums.
The firm has four certified financial planners (CFPs), one chartered financial analyst (CFA) and one chartered financial consultant (ChFC).
Bogart Wealth, LLC Background
Bogart Wealth registered with the SEC as an investment advisor in 2016. The firm provides investment advice along with other financial planning services through its wrap-fee program. It specializes in the following areas:
- Business planning
- Tax and cash-flow management
- Trust and estate planning
- Retirement planning
- Education funding
Bogart Wealth, LLC Investment Strategy
Bogart Wealth builds portfolios while emphasizing asset allocation. To diversify your portfolio, the firm may utilize a wide range of securities including stocks from small-cap to large-cap companies, international equity, bonds and cash or cash equivalents.
The firm focuses on long-term investing and generally steers away from active management strategies. “We believe in long-term investing and do not suggest trying to time the markets,” Bogart states. “Although we periodically reduce exposure to hot sectors and rotate funds to out-of-favor sectors, we try not to let emotional decisions replace rational judgment. We believe sticking to the plan can provide superior returns.”
The practice may make appropriate changes and contact you to discuss options during certain conditions such as heightened volatility in the stock market.
Octagon Financial Services, Inc
Octagon Financial Services (OFC) is a fee-based registered investment advisor that primarily serves professional athletes and entertainers. It currently has more than $600 million in assets under management.
The team at OFC features four certified financial planners (CFPs) and three certified public accountants (CPAs).
Octagon Financial Services, Inc. Background
OFC has been providing wealth management services since 1983. It works mostly with high-net-worth individuals. However, the firm doesn’t require a set account minimum. OFC offers various services to its clients along with their related trusts, estates and foundations if requested.
The firm focuses on the following services:
- Financial Planning
- Portfolio Management
- Cash Management
- Tax Services
In addition, the firm offers support through several well-known partners in the financial services industry. These include Fidelity Investments, SunTrust Bank and Dynasty Financial Partners.
Octagon Financial Services, Inc. Investment Strategy
OFC deploys both long-term and short-term investment strategies it deems appropriate based on a client’s profile. The firm would focus on long-term purchases if it believes a particular security is undervalued or if it seeks exposure to a specific asset class throughout a period of time. It engages in short-term purchases when it projects that conditions can soon trigger a favorable swing in a security’s price.
Bernhardt Wealth Management
Bernhardt Wealth Management is a fee-only financial advisory firm that acts as a fiduciary. This means the firm collects fees only for the services it provides. It doesn't collect commissions or other payments for recommending specific investments. To work with the firm, you typically need a minimum investment of $1 million.
The team houses six certified financial planners (CFPs), one accredited investment fiduciary (AIF), one accredited asset management specialist (AAMS) and one certified divorce financial analyst (CDFA).
It currently has more than $700 million in assets under management.
Bernhardt Wealth Management Background
BMW has been providing investment advisory services since 1994. Its founder Gordon Brenhardt has been in the financial services business since the 1980s and has worked for PriceWaterhouseCoopers. The firm works with individuals, businesses and pension and profit-sharing plans.
Bernhardt Wealth Management Investment Strategy
BMW generally recommends investing in exchange-traded funds (ETFs), no-load mutual funds, index funds, variable annuities, individual bonds and short-term paper. However, it may also turn to other types of securities if appropriate to your risk tolerance and investment goals.
Harbour Capital Advisors, LLC.
Harbour Capital Advisors (HCA) is a fee-only investment advisory firm. It has more than $300 million in assets under management. The team has two chartered financial analysts (CFA)s on staff.
Harbour Capital Advisors, LLC. Background
HCA is an independent, privately owned investment advisory firm that formed in 2011. While it works entirely with high-net-worth individuals, it requires no minimum account size. However, it does impose a minimum annual fee of $15,000.
The advisory is owned by Harbour Lights Holding Company, Inc., Elizabeth S. Duff and Thomas S. Kim. Both individuals work for the firm. HCA focuses on wealth planning, investment advisory services and family office services.
Harbour Capital Advisors, LLC. Investment Strategy
HCA makes both short-term and long-term purchases depending on the client’s financial profile and investment goals. When building portfolios, it also considers other factors such as time horizon, risk tolerance and investment preferences. HCA offers these services on a discretionary and non-discretionary basis.
Optifour Integrated Wealth Management
Optifour Integrated Wealth Management is an investment advisory firm with more than $300 million in assets under management. Its team has two certified financial planners (CFPs). The firm specializes in estate planning and wealth planning. It also offers tax strategies and services through Cohen & Burnett P.C.
The fee-based firm doesn’t impose account minimums.
Optifour Integrated Wealth Management Background
Optifour Integrated Wealth Management formerly did business as Legacy Analytics, LLC from 1996 to 2008. It then adopted the name Navigator Wealth Management, LLC between 2008 and 2012 before taking its current name.
In addition to ongoing investment advisory services, the firm offers comprehensive financial planning. That plan can touch on several aspects of your financial life including the following:
- Cash-flow analysis
- Gift giving and charity
- Estate planning
- Retirement planning
Optifour Integrated Wealth Management Investment Strategy
Optifour may invest client assets in a variety of securities including domestic and foreign stocks, U.S. government bonds, municipal securities and certificates of deposit (CDs). However, it no longer invests in public and private direct placements. The firm vets securities through a due diligence process via its investment committee which meets quarterly.
Sagevest Wealth Management
SageVest Wealth Management is a fee-only investment advisory firm with more than $100 million in assets under management (AUM) Its team features three certified financial planners (CFPs). You need a minimum account balance of $1 million for investment advisory services.
Sagevest Wealth Management Background
Jennifer Myers, SageVest’s principal owner, established the firm in 2007. She still works at the firm and has more than two decades of experience in the investment and financial industry behind her.
The firm works with individuals, families, trusts, charitable organizations and other entities.
Sagevest Wealth Management Investment Strategy
SageVest primarily invests client assets in mutual funds and exchange-traded funds (ETFs). It may also utilize bonds, equities, real estate and alternative investment if deemed appropriate based on a client’s risk profile and financial goals. However, it does not invest client dollars in proprietary investments in order to limit the potential for any conflict of interest.
Overall, the firm aims to take a personalized approach to analyzing a client’s risk tolerance, time horizon, tax situation and other factors to deliver the right investment advice.