Vernon Management Group, Incorporated logo

Vernon Management Group, Incorporated

Updated today

Client assets under management

$55,500,000

Clients

50

40% high-net-worth

Advisors

3

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

17

Very Low

Average account size

$1,110,000

About

Vernon Management Group serves individual and high-net-worth clients, as well as trusts, estates, pension plans and other entities, primarily through separately managed accounts. The firm provides discretionary and non‑discretionary portfolio management, comprehensive financial planning, research reports, and consulting services.

The firm’s investment process emphasizes a proprietary, trend‑focused approach that relies on technical analysis, charting, and backtesting, with active daily monitoring of holdings. Trading may include short sales, options and other derivatives and can employ leverage where appropriate, with portfolio construction guided by each client’s stated objectives and investment guidelines.

Distinctive features include an in‑house research/reporting capability and the use of subscription or flat‑fee arrangements for research and some services in addition to more typical AUM billing, a billing practice that is uncommon among peers. The adviser operates as a small, closely held three‑advisor team with a compact client roster, enabling frequent, hands‑on monitoring of accounts; it does not participate in wrap fee programs or charge performance‑based fees.

Client services

Financial planning Portfolio management

Expertise

Active portfolio management Options & derivatives strategies Concentrated stock management

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Fee options

Fixed

Financial planning fees range from $500 to $15,000 (minimum $500), flat fee; flat fee for investment management services also $5,000 per quarter (negotiable)

Percentage

$0 - $2,500,000: 2% $2,500,000 - $3,500,000: 1.6% $3,500,000 - $8,500,000: 1.5% $8,500,000 - $10,000,000: 1.4% $10,000,000+: Negotiable

Project-based

Consulting fees charged a minimum of $250 per hour (negotiable)

Subscriptions

Monthly consulting services fee minimum $1,000 (negotiable)

Other

Account minimum: $200,000 Minimum fee: Minimum quarterly management fee of $5,000 or the fixed percentage, whichever is greater Fee-only: Management fees based on asset tiers; flat fees and hourly consulting fees also offered

Main office location

Vernon Management Group, Incorporated

3200 Lauderdale Road, Suite 103

Richm0 Nd VA 23233, United States

Number of offices

1

Most active in

Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

William V

Series 65

Richm0 Nd, VA

Vernon Management Group, Incorporated

William Vernon is a financial advisor at Vernon Management Group, Incorporated with three years of industry experience. He holds the Series 65 designation and previously worked at the Country Club of Virginia and in education for 15 years. Vernon Management Group serves primarily individual and high-net-worth clients with separately managed accounts, financial planning, and consulting services. The firm employs a proprietary, trend-focused investment approach that relies on technical analysis and daily monitoring, using a broad range of strategies including short sales and options.

Active portfolio management Options & derivatives strategies Concentrated stock management
user avatar

Richard V

Series 65

Richm0 Nd, VA

Vernon Management Group, Incorporated

Richard Vernon is a financial advisor at Vernon Management Group, Incorporated, holding a Series 65 designation with three years of industry experience. He has worked at Vernon Management Group since 2020 and previously spent nine years in high school and college. Outside of advisory work, he owns Blue Sky Life & Annuities, a business focused on selling life insurance and fixed annuities. Vernon Management Group serves individual and high-net-worth clients through separately managed accounts, financial planning, and consulting services. The firm employs a trend-focused investment approach based on technical analysis and daily portfolio monitoring, offering a range of fee structures beyond traditional asset-based models.

Active portfolio management Options & derivatives strategies Concentrated stock management
user avatar

Richard V

Series 63, Series 65

Richmond, VA

Vernon Management Group, Incorporated

Richard Vernon is a financial advisor with Vernon Management Group, Incorporated in Richmond, VA, holding Series 63 and Series 65 licenses and with 29 years of industry experience. He has worked at Vernon Management Group since 1996. Vernon Management Group serves primarily individual and high-net-worth clients through separately managed accounts, financial planning, and consulting services. The firm employs a proprietary, trend-focused investment approach that relies heavily on technical analysis and daily portfolio monitoring, offering a range of fee structures beyond traditional asset-based models.

Active portfolio management Options & derivatives strategies Concentrated stock management
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