Hemington Wealth Management

Wealth Management Firm in Fairfax County, VA

Firm Info
Address: 7651 Leesburg Pike, Falls Church, VA 22043, USA
Phone: (703) 828-2479

Firm Size
Assets Under Management: $934.3 million
# of Advisors: 15
# of Clients: 1,421
Client to Advisor Ratio: 95:1
Average Account Size: $657,479
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Selection of Others Advisors

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • Corporations or Other Businesses Not Listed Above
  • Other

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Other

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Hemington Wealth Management Overview

HEMINGTON WEALTH MANAGEMENT is a registered investment advisory firm that offers investment advice to individuals and small businesses. The firm has been in business since 2013 and is headquartered in Falls Church, VA. The firm operates on a fee-only basis, meaning that clients pay solely for the services provided and not for any financial products or transactions. The firm specializes in financial planning and portfolio management, providing customized solutions that align with each client's unique financial goals. HEMINGTON WEALTH MANAGEMENT works closely with clients to develop investment strategies that are based on individual circumstances, investment objectives, and risk tolerance. The firm is committed to offering transparent and personalized investment advice that is tailored to each client's needs. HEMINGTON WEALTH MANAGEMENT also offers a unique service that includes the selection of other advisors. This service helps clients find additional advisors who can provide additional expertise, skills, and services. These advisors may include legal professionals, accountants, or others who can assist clients in specific areas. HEMINGTON WEALTH MANAGEMENT maintains a commitment to client satisfaction and works diligently to provide the highest quality advisory services that help clients achieve their investment goals.

HEMINGTON WEALTH MANAGEMENT caters to diverse types of clients to ensure they meet everyone’s financial needs. The firm serves clients across different industries, including individuals, high net worth individuals, pension or profit-sharing plans, charitable organizations, and other corporation types not listed. They also cater to other types of clients to ensure that everyone receives the appropriate financial guidance that suits their needs. The firm's extensive experience and knowledge allow them to empower clients to make informed decisions and achieve their financial objectives. To ensure client satisfaction, HEMINGTON WEALTH MANAGEMENT offers flexible and affordable fee structures that best suit the services provided. They offer a percentage of AUM (Assets Under Management) for services such as financial consulting, investment management, asset preservation, and wealth-building. The firm provides other types of fees, including hourly-based planning fees or commission-based fees on stock trades. Their fee structure depends on the services provided and the client's needs, ensuring that they tailor their approach to meet various financial objectives. With such comprehensive fee structures, clients can enjoy customized financial services without worrying about unnecessary costs. Overall, HEMINGTON WEALTH MANAGEMENT's extensive experience and flexible fee structures make them the go-to firm for individuals and corporations who seek top-notch financial advisory services.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for Hemington Wealth Management is $1,000,000 for investment management services according to their Part 2 Brochure. However, the firm may reduce this minimum and/or customize fees based on certain criteria at their sole discretion.

How This Office Can Help Fairfax County, VA Residents

Hemington Wealth Management is considered a trusted financial advisor by many clients in Fairfax County, VA. They offer personalized services to clients with varying financial situations. For instance, for those who have accumulated significant wealth, Hemington Wealth Management offers comprehensive wealth management, estate and trust planning, and portfolio management services to minimize taxes and optimize investment returns. They also assist retirees in creating sustainable income streams and navigating complexities of their retirement years. For entrepreneurs or business owners, Hemington helps to develop strategies for staying competitive, enhancing profitability and establishing a successful retirement plan. Additionally, they provide financial planning services to young adults as they seek to build a strong financial future and achieve their financial goals. People living in Fairfax County, VA, face a variety of financial situations, including the high cost of living, expensive real estate market and an aging population. Often, the cost of healthcare is a significant concern for the retiree population in Fairfax County, VA. Hemington advisors take a holistic approach to managing retirement plans, helping to ensure costs associated with health care are factored into a client’s long-term plan. For young adults, they also provide financial guidance ensuring that they are starting their savings and investing early to meet long-term financial goals. Hemington sees clients at every stage of life to assist them as they strive for financial stability and security, regardless of their current financial status.

To view the Minimum Investment and Fee Schedule for Hemington Wealth Management, visit their Part 2 Brochure.

Services Offered by Hemington Wealth Management

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Hemington Wealth Management most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Other
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Commissions
Performance-based Fees

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 7651 Leesburg Pike, Falls Church, VA 22043, USA
Phone (703) 828-2479
Directions
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Other Office Locations

This firm has no other locations.

State Registrations

Hemington Wealth Management is registered to service clients in the following states:

  • California
  • District of Columbia
  • Florida
  • Illinois
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • New Hampshire
  • New York
  • North Carolina
  • Texas
  • Virginia

Disciplinary History

Hemington Wealth Management does not have any disclosures. Please visit it's Form ADV for more details.