Hermitage Wealth
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Hermitage Wealth provides financial planning, discretionary and non‑discretionary investment management, and retirement plan consulting to corporations, plan sponsors and other institutional clients as well as to individual investors. The firm reports $37,535,475 in assets under management across 197 client relationships and five advisors, with $29,941,283 managed on a non‑discretionary basis as of December 31, 2025.
The firm frequently allocates client assets to third‑party money managers and program solutions (including an SEI mutual fund asset allocation program) and may serve as a co‑advisor, promoter, or monitor of those TPMMs. Hermitage tailors strategies to client objectives, monitors manager performance and regulatory history, and offers both discretionary authority and non‑discretionary implementations while incorporating cash and cash equivalents into allocations when appropriate.
Compared with many team‑model peers, Hermitage’s brochure highlights a heavier emphasis on non‑discretionary and retirement‑plan consulting work rather than a concentration of high‑net‑worth or retail individual accounts. Its advisors also have broker‑dealer and insurance affiliations and the firm discloses referral, revenue‑sharing and platform incentive arrangements (for example with Osaic, TPMMs, and custodial platforms such as NFS), and the potential for commission‑based product sales and ongoing 12b‑1 compensation, which the firm identifies and monitors as conflicts of interest.
Client services
Expertise
Fee options
Fixed fee financial planning and consulting services generally ranging from $1,000 to $20,000
$0 - $500,000: 0.90% – 1.50% $500,001 - $1,000,000: 0.80% – 1.35% $1,000,001 - $1,500,000: 0.70% – 1.20% $1,500,001 - $2,000,000: 0.60% – 1.10% $2,000,001 - $4,000,000: 0.50% – 1.05% $4,000,001+: Negotiable
Commission charges apply if clients purchase investment products through associated persons of HW acting as registered representatives; includes brokerage commissions and 12b-1 trailing commissions
Hourly financial planning and consulting fees from $200 to $2,000 per hour
Fee-only: Fixed fee from $1,000 to $20,000; hourly rate $200 to $2,000 per hour (financial planning and consulting)
Main office
3761 Westerre Parkway, Suite G
Richmond VA 23233
Advisors at this office
5
Most active in
California · Colorado · District of Columbia · Florida · Maryland · New Hampshire · North Carolina · South Carolina · Tennessee · Texas · Virginia · West Virginia
Also doing business as
Hermitage Wealth · Hermitage Wealth Management, Inc.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Ryan B
Series 66
Richmond, VA
Hermitage Wealth
Ryan Bernstine is a financial advisor at Hermitage Wealth with a Series 66 designation and two years of industry experience. He has been with Hermitage Wealth Management since 2025 and also works as an insurance broker. Outside of his advisory role, he is a tennis teaching professional at Hermitage Country Club, where he conducts group clinics and private lessons. Hermitage Wealth provides investment advisory, retirement plan consulting, and financial planning services to plan sponsors, corporations, and individual clients. The firm focuses on selecting and monitoring third-party money managers and offers both discretionary and non-discretionary portfolio management as well as fixed-fee or hourly financial planning.
John Cory H
CFP®, Series 63, Series 65
Richmond, VA
Hermitage Wealth
John Cory Hoffer is a financial advisor at Hermitage Wealth with 25 years of industry experience. He holds the CFP® designation along with Series 63 and Series 65 licenses. Prior to joining Hermitage Wealth in 2025, he was associated with OSAIC for 19 years. Hermitage Wealth provides investment advisory, retirement plan consulting, and financial planning services to plan sponsors, corporations, and individual clients. The firm focuses on selecting and monitoring third-party money managers and offers both discretionary and non-discretionary portfolio management along with stand-alone financial planning and ERISA fiduciary services.
Elizabeth M
Series 66
Richmond, VA
Hermitage Wealth
Elizabeth Mosier is a financial advisor at Hermitage Wealth with five years of industry experience. She holds a Series 66 designation and has worked in wealth management roles since 2017, including positions at Osaic Wealth, Inc. She also serves as a plan service specialist assisting registered representatives within Hermitage Wealth. Hermitage Wealth provides financial planning, investment management, and retirement plan consulting to institutional and individual clients. The firm manages over $37 million across nearly 200 client relationships, often using third-party money managers and focusing on non-discretionary and retirement plan consulting services.
Russell M
CFP®, Series 66
Richmond, VA
Hermitage Wealth
Russell Munn is a CFP® professional with seven years of industry experience, currently serving as an advisor at Hermitage Wealth. His prior roles include positions at Royal Alliance Associates and OSAIC. He is the sole owner of MUNN-CRAFTON, LLC, which manages his disability and health insurance activities. Hermitage Wealth provides investment advisory, retirement plan consulting, and financial planning services to corporations, plan sponsors, and individual clients. The firm emphasizes due diligence on third-party money managers and offers both discretionary and non-discretionary portfolio management alongside retirement plan consulting services.
Christopher C
CFP®, Series 63, Series 65
Richmond, VA
Hermitage Wealth
Christopher Cosby is a CFP® with 14 years of experience in the financial services industry. He is currently with Hermitage Wealth and has held roles at Strategic Design Group and OSAIC. Outside of his advisory work, he serves as Vice President of Strategic Design Group, a non-investment related LLC. Hermitage Wealth provides investment advisory, retirement plan consulting, and financial planning services to plan sponsors, corporations, and individuals. The firm emphasizes selecting and monitoring third-party money managers and offers discretionary and non-discretionary portfolio management alongside retirement plan consulting and fixed-fee financial planning.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)