Beacon Wealth Consultants, Inc. (Roanoke)

Name: Beacon Wealth Consultants, Inc.
Address: 324 Washington Ave. Sw, Roanoke, VA, 24016 4346
Telephone: 540-345-3891

Beacon Wealth Consultants, Inc. is an adviser based in Roanoke. It manages $85.21 million of regulatory assets for 697 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of West Virginia.

Beacon Wealth Consultants provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and collaborative divorce consulting, estate administration, legacy coaching. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Beacon Wealth Consultants: assets under management

The assets under management (AUM) of Beacon Wealth Consultants, Inc. is $85.21 million. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $84.42 million in discretionary accounts and $794.02 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $121.81 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $198.51 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Beacon Wealth Consultants, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Beacon Wealth Consultants, Inc.

Beacon Wealth Consultants, Inc. is owned by Cassandra Chandler. Richard Stephen Laymon has been acting as President since 1 Aug 2010. Todd Dodson joined the executive team most recently as the Vp Operations.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Stephen Laymon	President	1 Aug 2010	75% - 100%	2613493
Wade Landon Johnson	Chief compliance officer	1 Aug 2010	Other	5557513
Cassandra Chandler	Owner	1 Aug 2012	Other	5387693
Todd Dodson	Vp operations	1 Jan 2017	Other	6770383

Based in Roanoke

The principal office where Beacon Wealth Consultants, Inc. performs its advisory services is located at 324 Washington Ave. Sw, Roanoke, VA 24016 4346, which is also the mailing address of the firm. An additional office of the firm is in Winter Garden, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 540-345-3891 or by fax 888-971-3687. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at beaconwealth.com.