About


Old Dominion Capital Management, Inc. is wealth management firm based in Charlottesville, Virginia, with offices in Charlottesville, McLean, and Alexandria, VA. Founded in 1989, we are a Registered Investment Advisor with the Securities and Exchange Commission pursuant to the Investment Advisers Act of 1940. Today we manage assets for approximately 450 client relationships throughout the United States.

We offer all-inclusive wealth management by providing a full suite of financial planning services.  We're available to advise on anything that has to do with you and your money. We help you stay on top of all aspects of your financial life and coordinate with your other professionals - as needed - such as CPAs, attorneys, mortgage brokers and insurance agents.  We do not sell any financial products and we neither pay nor receive any fees or compensation for client referrals.

 

Why Old Dominion Capital Management?


Everything we do starts with you. We adhere to the fiduciary standard 100% of the time, meaning we put your interests first. We don't earn commissions. We don't charge hidden fees and we represent no one but you. Period.    

All of our financial planners are Certified Financial Planners™ (CFP®s) who demonstrate a commitment to high professional standards.  You wouldn't hire a doctor who didn't have a medical degree, and you should expect your advisory team to be educated and properly credentialed as well.

Because we’re small, we’re highly responsive and nimble.   Although we have access to any Wall Street resource, we’re still small enough to get to know our clients personally. Live human beings answer your calls, and, more often than not, are able to resolve any of your issues or concerns on the spot.

We do not offer proprietary investment vehicles, thereby avoiding a significant conflict of interest.  Our compensation is the same regardless of which investments we recommend.

We use a team-based approach in order to ensure that every client has access to all areas of expertise available. Although clients are assigned to a primary advisor, all advisors work together to leverage the power of the team.

Our Commitment

We are the first call you should make when it comes to your financial future. Making important life decisions shouldn’t be done alone. We’re here to do the leg work for you and give you the peace of mind that comes with knowing your financial matters are in good hands.

Our Philosophy

We believe your portfolio must not only consider your current financial situation and long-term goals, but also the unique circumstances in your life.  Everyone is unique and should be treated that way. We work with individuals and families to design and manage customized financial portfolios with the goal of maximizing their probability for success. We've been a trusted financial partner for over 30 years.

Our Core Values

  • Excellence in all that we do with clients and each other
  • Absolute Integrity
  • Authenticity - being honest, open and transparent with clients
  • Respect for everyone - no judgement toward anyone

It's All About You

 

Our clients’ financial questions most commonly center around retirement planning, including preparing to get there and making decisions once that milestone is achieved.  Online financial calculators often oversimplify or overcomplicate situations and often give widely different results to the same information. At Old Dominion Capital Management, we create a personalized financial plan unique to each client.  Regardless of where you are in your retirement journey, we can help make sure you are on the right track. 

Those approaching retirement are faced with a host of decisions – when and how to take Social Security benefits, pensions, annuities and 401(k)s, how to sign up for Medicare, what kind of supplemental insurance to choose, where to live, what to do and so on.  As your partner, we can help with those decisions, all of which can have a tremendous impact on your happiness in retirement.

Other decisions can be just as daunting for those who are only thinking about retirement “someday”.  Things such as how much to save, how to invest, what the potential risks are, what is the backup plan if forced into retirement sooner than expected and so on.  It’s never too early to start planning for retirement. The financial decisions made today can have a dramatic impact on your financial future. 

Those who have already retired need to evaluate how to continue funding their retirement. More decisions, like: Does it make sense to take money from an IRA now, or wait until age 72?  Can I afford to make gifts to my children? Can I afford to make charitable gifts? What is the most tax-efficient way to do that? Should I do a Roth Conversion? How can I minimize my income tax liability? We can help simplify these decisions to ensure their families are provided for regardless of what  happens to them.

Your retirement plan is something you can’t afford to get wrong. Let us help. Our partnership helps clients to feel reassured, comfortable and confident, at any stage of life.

 

Financial Planning

Our Process Our financial planning process incorporates your personal values with your financial wherewithal. Initially, we work with you to collect data and identify and prioritize your goals. We then provide expert analysis and guidance delivered over a series of strategy meetings using...
 

Investment Management

We are long-term fundamental investors. We concentrate on helping clients meet their long-term objectives and believe this is most reliably done over a several year time horizon by owning high quality investments in broadly diversified asset classes. Using a mix of individual securities, mutual...

Our Team

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RIA Strategic Advisor

Jim has primary responsibility for overall firm strategy. With more than 30 years of professional investment management...

Investment Counselor

Michael has worked in the Financial Services Industry in both Philadelphia and Virginia for nearly 20 years. He is a...

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Investment Counselor

Jeff has spent much of his 30-plus year career in the Financial Services Industry, although he has extensive experience...

Judd McCoy
Investment Counselor

Judd has spent his entire 30-plus year career in the Financial Services Industry, including personal trust and estate...

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Paraplanner

Jared has spent his entire career helping individuals and families. Prior to joining Old Dominion Capital Management in...

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Client Services Associate

Laura is responsible for assisting our clients with all administrative account matters, as well as taking care of...

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Investment Counselor

Patrice’s day consists of answering questions for clients and servicing their needs for immediate and future financial...

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Chief Investment Officer

Ben’s primary responsibilities include oversight of investment strategy and security selection.  With more than 30 years...

Mauree Barrett2
Chief Compliance Officer and Operations Manager

Maurée is responsible for most operations of the firm, including supervising portfolio reviews, trading, compliance with...

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Compliance Officer

As Compliance Officer, Breanna assists with monitoring and updating the firm’s comprehensive compliance program and...

Latest Blog Posts

FAQ

  • Q: How do I get started with your services?

    A:The first step is to talk with one of our investment professionals to determine whether we are a good fit for one another. Once we agree that we can work effectively as a team, we will guide you through the steps to getting your financial matters in order and working toward meeting your life goals.

  • Q: What is the best way to maximize my investment income?

    A: Particularly in these times of very low interest rates, few people have the ability to generate the investment income that they need from dividends and interest alone. Because the goal of generating adequate income must be balanced with the goals of offsetting future inflation, earning a high investment return, and protecting the portfolio value from both rising interest rates (falling bond prices) and falling interest rates (falling income), we take a “total return” approach to income generation. Using a very broad range of investment asset classes, we arrange for regular income distributions, replenishing the portfolio cash from dividend income, interest income, and realized capital appreciation.

  • Q: How can I have reasonable assurance that I will not outlive my money?

    A: It is important to employ an investment strategy that offers the opportunity for reasonable investment returns while reducing the possibility of disastrous investment results. The appropriate balance of risk and expected return differs according to each client’s specific circumstances. It is also critical to set sustainable spending targets and to regularly revisit the assumptions and unfolding realities that underlie those targets. That is why we create a lifetime spending plan for each client and keep it up to date.

  • Q: Do you have a minimum account size requirement?

    A: We generally charge a minimum fee of $6,000 per year, which would be the standard fee on a $600,000 account. In certain circumstances we are willing to aggregate various family accounts to make this minimum easier to attain.

  • Q: What do you charge for your services?

    A: Clients are generally charged based on assets under management (AUM). With a minimum fee of $6,000 per year, clients are charged 1% of AUM for the first $2,000,000, 0.8% for the next $3,000,000, and 0.6% for AUM over $5,000,000.

  • Q: What is the value of a fee-only advisor?

    A: We insist on offering professional and unbiased advice to our clients. As fee-only advisors, we are paid a percentage of assets under management and receive no commissions or mark-ups on transactions. We are rewarded for maximizing our clients’ assets, and our no-commission structure ensures that we are always working in the best interests of our clients.

  • Q: What is different about your approach?

    A: Because we believe it is critical to making good financial decisions, we offer integrated financial planning services at no additional fee. These financial planning services work hand-in-hand with our diversified investment strategies. We work closely with accountants and attorneys to ensure that these advisors have the information they need to do the best job for our shared clients. We strive to be a central source of financial advice as we get to know our clients and develop long-term relationships.

  • Q: What financial planning do you offer?

    A: We offer a full range of financial planning service and advice.  This includes everything from retirement planning (both accumulation of assets for retirement and the sustainable distribution of retirement income), estate planning and wealth transfer, insurance and risk management, employee benefits, and charitable giving to advice on mortgage refinance, business transitions, trusteeship, and family financial dynamics.

  • Q: What types of investment strategies do you offer?

    A: At Old Dominion Capital Management, Inc., we believe investors benefit from being broadly diversified across many different asset classes, and we strive to increase this benefit by using some asset classes that are not closely correlated. We use broad diversification in an effort to provide high quality portfolios that combine lower degrees of volatility with reasonable long-term results.. Within this basic philosophy, we offer conservative growth, moderate growth, growth, and aggressive growth strategies according to each client’s desire for return and for risk avoidance. We also customize our investment solutions to account for individual circumstances.