Financial Planning In Virginia | Old Dominion Capital Management

About

Old Dominion Capital Management (ODCM), based in Charlottesville, Virginia -- with an office also Arlington -- is a boutique wealth management firm, founded in 1989, that offers a full suite of financial planning and investment services.

Why Old Dominion Capital Management?

Clients First

ODCM’s Certified Financial Planners™ (CFP®s) are nimble and responsive. While we have access to Wall Street resources and partner with Charles Schwab, we’re still small enough to develop long-term personal relationships with our clients. We take the time to get to know our clients so we can develop tailored plans that meet their retirement and investment goals.

We’ll help you stay on top of all aspects of your financial planning, make adjustments to your plan as the markets, your priorities and circumstances change to ensure you are on course to achieve your goals. And we will coordinate with other professionals within your network -- such as CPAs, attorneys, mortgage brokers, and insurance agents – to keep you on track and quickly and efficiently resolve any issues that may arise. As a fiduciary, we are held to the highest possible legal standards, which means we’ll never suggest financial products you may not need –nor do we receive any compensation for client referrals.

Teamwork

We use a team-based approach to ensure that every client has access to all areas of expertise available. Although each client has a dedicated advisor who manages his/her account and serves as his/her primary point of contact, all ODCM advisors work together to leverage the experience of the entire team.

Commitment

Making important life decisions shouldn’t be done alone. We’re here to help and give you the peace of mind that comes with knowing your financial matters are in good hands.

Pro Bono Financial Planning Services

We’ve partnered with the Foundation for Financial Planning to offer free financial advice and planning for those who qualify. Their programs include one-on-one interactions or small, interactive workshop settings to help those who may not be able to afford financial and/or retirement planning services. Visit their website to learn more: https://www.cfpvolunteermatch.org/volunteers

Core Values and Philosophy

Excellence I Integrity I Authenticity I Respect

We believe your portfolio must not only consider your current financial situation and long-term goals, but also the unique circumstances in your life. We work with individuals and families to design and manage customized financial portfolios with the goal of maximizing their probability for success.

Our clients’ financial questions most commonly center around retirement planning, including how to prepare for retirement and then what decisions will need to made once that milestone is achieved. However, there is so much more to understand about financial planning. Online financial calculators often oversimplify or overcomplicate situations and may give widely different results using the same information. At ODCM, we know that everyone’s circumstances and aspirations are different. We create a personalized financial plan unique to each client.

How much should you save and invest?
What risk level should you take on?
When and how should you take Social Security benefits, pensions, annuities or 401(k) or IRA funds?
How do you sign up for Medicare?
Which supplemental insurance is the right choice?

Planning for retirement, regardless of where you are in the process, can often be an overwhelming task. We can help make sure you are on the right track to success and answer any and all questions you may have.

If you haven’t already, it’s never too early to start planning for retirement. If you have, maybe you need to make adjustments. The financial decisions made today can have a dramatic impact on your financial future. Your retirement plan is something you can’t afford to get wrong.

Let us help.

It's All About You

Regardless of where you are in your retirement journey, we can help make sure you are on the right track.

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.

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.