What are some popular wealth management services?

Wealth management services offered by a professional wealth manager in Roanoke, VA are designed to cater to the financial needs of high net worth individuals and families. These services include investment management, financial planning, estate planning, and tax planning. With its vibrant economy and rich cultural heritage, Roanoke, VA presents unique opportunities and challenges for wealth managers. The wealth manager must have a deep understanding of the local market and be able to provide customized solutions that meet the specific needs of their clients. Roanoke, VA is home to a diverse range of businesses, including healthcare, education, and technology, which creates complex financial situations that require expert advice. A wealth manager in Roanoke, VA can help clients navigate these complexities and achieve their financial goals.

What are people saying about wealth management services in Roanoke, VA?

Roanoke, VA is the perfect place to find a wealth manager. The city's thriving economy and diverse population make it an ideal location for financial planning and investment management. With a range of financial institutions and advisors, Roanoke offers a wealth of options for individuals and businesses seeking to grow their wealth. In addition, Roanoke's rich history and cultural offerings provide a unique backdrop for financial planning, allowing wealth managers to tailor their services to the specific needs and interests of their clients. Whether you're looking for retirement planning, investment management, or estate planning, Roanoke's wealth managers have the expertise and experience to help you achieve your financial goals. So if you're looking for a wealth manager, look no further than Roanoke, VA.

What does a wealth manager do?

A wealth manager in Roanoke, VA is responsible for managing the financial assets of individuals and families in the area. They work closely with their clients to understand their financial goals and develop a customized plan to achieve them. Roanoke, VA is a unique location for wealth management due to its rich history and diverse economy. The city is home to a number of thriving industries, including healthcare, education, and manufacturing, which provide ample opportunities for investment. Additionally, Roanoke's close proximity to the Blue Ridge Mountains makes it an ideal location for outdoor enthusiasts, which can present unique investment opportunities in the tourism and hospitality industries. A skilled wealth manager in Roanoke, VA must have a deep understanding of the local economy and be able to navigate the complexities of investing in a rapidly changing market.

When should you get a wealth manager?

Roanoke, VA residents should consider reaching out to a wealth manager when they have accumulated a significant amount of wealth or are in the process of doing so. With its diverse economy and thriving business community, Roanoke is a prime location for individuals who are looking to grow their wealth. However, navigating the complex world of investments, taxes, and financial planning can be overwhelming, especially for those who are not well-versed in these areas. A wealth manager can provide invaluable guidance and expertise, helping residents to make informed decisions about their finances and achieve their long-term goals. Whether you are a business owner, a high-net-worth individual, or simply someone who wants to ensure a secure financial future, a wealth manager can help you to navigate the complexities of the financial world with confidence and ease.

How do I choose the right wealth manager?

A wealth manager in Roanoke, VA must possess a variety of important qualities to excel in their field. Firstly, they must have a deep understanding of the local economy and its unique characteristics. Roanoke, VA is a city that has experienced significant growth in recent years, with a diverse economy that includes healthcare, education, and manufacturing. A skilled wealth manager must be able to navigate this complex landscape and provide tailored advice to their clients. Additionally, they must possess excellent communication skills to build strong relationships with their clients and understand their individual financial goals. A successful wealth manager in Roanoke, VA must also have a strong grasp of investment strategies and be able to adapt to changing market conditions. Finally, they must demonstrate a high level of integrity and professionalism, ensuring that their clients' interests always come first.

What are the best wealth management firms in Roanoke, VA?

Roanoke, VA is home to some of the top wealth management firms in the state. These firms are renowned for their expertise in managing the wealth of high net worth individuals and families. They offer a wide range of services including investment management, financial planning, estate planning, and tax planning. What sets Roanoke apart from other cities is its rich history and culture. The city is known for its vibrant arts and music scene, delicious cuisine, and breathtaking natural beauty. Roanoke is also home to a thriving business community, which has contributed to the growth of these wealth management firms. With their deep understanding of the local market and their commitment to providing exceptional service, these firms have become trusted advisors to many of Roanoke's wealthiest residents.

How do wealth managers get paid?

Wealth managers in Roanoke, VA receive compensation in various ways. One common method is through a percentage of the assets they manage, typically ranging from 1-2%. Another way is through commissions on financial products they sell, such as mutual funds or insurance policies. However, what sets Roanoke apart from other cities is the prevalence of fee-only wealth managers. These advisors do not receive commissions and instead charge a flat fee or hourly rate for their services. This is a unique aspect of Roanoke's financial landscape, as fee-only advisors prioritize their clients' best interests and do not have any conflicts of interest. Overall, wealth managers in Roanoke have multiple compensation options, but the presence of fee-only advisors is a noteworthy characteristic of the city's financial industry.

Find the Best Wealth Management Services in Roanoke, VA

Connect With a Wealth Manager

List of Firms

Roanoke, VA Wealth Management Firms

IFA Wealth

5 out of 5

2709 Brambleton Ave SW, Roanoke, VA 24015, USA

(540) 776-3343

http://www.ifawealth.com/

Directions

Baumoel & Goodman I Financial Strategies

3603 Brambleton Ave, Roanoke, VA 24018, USA

(540) 774-1452

http://www.bandgstrategies.com/

Directions

Frank A. Leyes & Associates; Private Wealth Management

5 out of 5

2840 Electric Rd STE 205 A, Roanoke, VA 24018, USA

(540) 986-2686

http://frankleyes.com/

Directions

Allison Link - RBC Wealth Management Financial Advisor

110 Franklin Rd SE Suite 400, Roanoke, VA 24011, USA

(540) 404-6608

https://us.rbcwealthmanagement.com/meridiangroup?utm_source=GMB&utm_medium=Yext

Directions

Titan Wealth Management

129 Campbell Ave SE Suite 202, Roanoke, VA 24011, USA

(540) 266-3409

http://www.titanwealth.com/

Directions

Guelich Capital Management LLC

1401 Franklin Rd SW, Roanoke, VA 24016, USA

(540) 772-4545

https://www.guelichcapital.com/

Directions

UBS Financial Services Inc.

SEC File# 801-7163

CRD# 8174

10 S Jefferson St Suite 1050, Roanoke, VA 24011, USA

(540) 855-3367

https://local.ubs.com/roanoke-va/?utm_source=Yext&utm_medium=GMB&utm_campaign=157778&y_source=1_MTg4ODY3MTYtNzE1LWxvY2F0aW9uLmdvb2dsZV93ZWJzaXRlX292ZXJyaWRl

Directions

Michael Kemp - RBC Wealth Management Financial Advisor

110 Franklin Rd SE Suite 400, Roanoke, VA 24011, USA

(540) 404-6602

https://us.rbcwealthmanagement.com/meridiangroup?utm_source=GMB&utm_medium=Yext

Directions

Where Wealth Management Advisors in Roanoke, VA Serve

Roanoke, VA is a bustling city nestled in the Blue Ridge Mountains, boasting a plethora of landmarks that attract tourists from near and far. The iconic Mill Mountain Star, perched atop Mill Mountain, is a must-see for anyone visiting the area. The Taubman Museum of Art, located in the heart of downtown, showcases a stunning collection of contemporary art. Roanoke is home to several major employers, including Carilion Clinic, which employs over 13,000 people and is considered one of the top hospitals in the state. Norfolk Southern Corporation, a major transportation company, also has a significant presence in the area. The city is easily accessible via several major highways, including Interstate 81 and US Route 220. Main streets such as Franklin Road and Williamson Road offer a variety of shops, restaurants, and entertainment options. The neighborhoods in Roanoke are diverse and offer something for everyone.

Nearby Locations

Abingdon, VA Albemarle County, VA Alexandria, VA Arlington County, VA Arlington, VA Ashburn, VA Botetourt County, VA Chantilly, VA

Services Provided by Wealth Management Companies

Banks and Credit Unions

Residents of Roanoke, VA could benefit greatly from the services offered by a bank. One specific way that a bank could help the community is by providing access to affordable loans for small businesses. Roanoke, VA has a growing entrepreneurial community, with many small businesses popping up around the city. However, these businesses often struggle to secure the funding they need to get off the ground or expand. A bank could offer loans with reasonable interest rates, allowing these businesses to grow and thrive. Additionally, a bank could provide financial education and resources to help residents better manage their money and plan for their futures. With the right support, the people of Roanoke, VA could achieve financial stability and success.

Insurance Broker

Residents of Roanoke, VA can greatly benefit from the expertise of an insurance broker. With the region's diverse economy, which includes healthcare, manufacturing, and tourism, an insurance broker can help residents navigate the complexities of insurance coverage for their specific needs. For example, Roanoke is home to the Carilion Clinic, a large healthcare system that employs thousands of people. An insurance broker can help these employees understand their healthcare options and choose a plan that best fits their needs. Additionally, Roanoke is situated in the Appalachian Mountains, which can make it more susceptible to natural disasters such as flooding and mudslides. An insurance broker can help residents understand their options for flood insurance and ensure they have adequate coverage in the event of a disaster. With the help of an insurance broker, residents of Roanoke can have peace of mind knowing they have the right insurance coverage to protect themselves and their assets.

Retirement Planning

Residents of Roanoke, VA could benefit from a retirement planner in a variety of ways. Firstly, a retirement planner can help individuals in Roanoke navigate the complex world of retirement savings and investments. This is especially important in Roanoke, where the cost of living is lower than the national average and residents may need to be particularly strategic in their retirement planning. Additionally, a retirement planner can help Roanoke residents understand the various retirement benefits available to them, such as Social Security and Medicare. Finally, a retirement planner can help Roanoke residents plan for the unexpected, such as medical emergencies or unexpected expenses, which can be particularly challenging for those living on a fixed income. Overall, a retirement planner can provide invaluable guidance and support to residents of Roanoke as they navigate the complexities of retirement planning.

Financial Advisor

Residents of Roanoke, VA could benefit from the guidance of a financial advisor in many ways. With a population of over 97,000 people, Roanoke is a bustling city that offers a diverse range of opportunities and challenges. A financial advisor could help residents navigate the complexities of the local economy, which is heavily influenced by the healthcare and education sectors. They could also assist with retirement planning, as the city has a growing population of retirees who may need help managing their finances. Additionally, a financial advisor could provide guidance on tax planning, given that Roanoke has a relatively high tax rate compared to other cities in Virginia. Overall, a financial advisor could help Roanoke residents achieve their financial goals and secure their financial future in a city that is full of both opportunities and challenges.

Mortgage Loan Officer

Residents of Roanoke, VA could greatly benefit from the expertise of a mortgage loan officer. With the city's diverse neighborhoods and housing options, a loan officer would be able to guide potential homebuyers through the complex process of obtaining a mortgage. Specifically, Roanoke has a mix of historic homes and modern developments, each with their own unique financing challenges. A loan officer would be able to navigate these complexities and help residents find the best mortgage options for their specific needs. Additionally, Roanoke's economy is heavily reliant on the healthcare and education industries, which can impact the financial situations of potential homebuyers. A loan officer would be able to take these factors into account when guiding residents through the mortgage process and ensuring they are making the best financial decisions for their future.

Tax Services

Residents of Roanoke, VA could benefit from the guidance of a tax advisor in several ways. Firstly, a tax advisor could help residents navigate the complex tax laws and regulations that are unique to Virginia. For example, Roanoke residents may be eligible for certain state tax credits or deductions that they are unaware of. Additionally, a tax advisor could help residents maximize their deductions and minimize their tax liability, which is especially important in a city with a relatively high cost of living like Roanoke. Furthermore, a tax advisor could assist residents who own small businesses in Roanoke with tax planning and compliance, ensuring that they are following all applicable laws and regulations. Overall, a tax advisor could be an invaluable resource for Roanoke residents looking to optimize their financial wellbeing and minimize their tax burden.

Estate Planning Lawyer

Residents of Roanoke, VA can benefit from the services of an estate planning lawyer in several ways. Firstly, an estate planning lawyer can assist with drafting a will, which is essential for ensuring that one's assets are distributed according to their wishes after their passing. Additionally, a lawyer can help with creating a trust, which can be especially important for those with complex financial situations or beneficiaries with special needs. Moreover, an estate planning lawyer can provide guidance on minimizing estate taxes and avoiding probate, which can save beneficiaries both time and money. In Roanoke, VA, where the population is aging and many residents own property, having an estate plan in place can provide peace of mind and ensure that one's legacy is preserved for future generations.