Virginia Global Asset Management, LLC logo

Virginia Global Asset Management, LLC

Updated today

Client assets under management

$26,270,780

Clients

17

59% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

9

Very Low

Average account size

$1,545,340

About

Virginia Global Asset Management is a small advisory firm run by a two-advisor team that provides discretionary and non‑discretionary portfolio management, financial planning (broad-based and modular), and services for trusts and retirement accounts. The firm manages about $26.3 million for a limited roster of clients and serves both individual (including high‑net‑worth) and institutional clients.

The firm’s investment approach combines top‑down macro analysis with bottom‑up fundamental research and a contrarian orientation, seeking to outperform the S&P 500 over a market cycle. Portfolios are often concentrated in three to four sectors with multi‑year holding horizons, and the firm varies equity beta, sector exposure, and fixed‑income allocations while using ETFs (including inverse ETFs) for hedging and implementation when appropriate.

Among features that distinguish the firm from many peers of similar size are active public outreach — periodic educational seminars and paid television and digital advertising — and a recent addition of a branch office, reflecting an emphasis on client education and growth beyond referral channels. The firm maintains a very small client roster that allows individualized oversight, highlights a CFA charterholder among its principals along with an adviser who brings technology/operations experience, and does not vote client proxies on clients’ behalf.

Client services

Financial planning Portfolio management Educational seminars or workshops

Expertise

Retirement income strategy General estate planning guidance Wealth management Active portfolio management

Want help finding the right advisor?

Answer a few questions to see advisors matched to you.

Fee options

Percentage

$0 - $250,000: 1.25% $250,001 - $2,000,000: 1.00% $2,000,001 - $5,000,000: 0.75% $5,000,001 - $10,000,000: 0.50% $10,000,001+: Negotiable

Project-based

Financial planning fees: $300/hour for David R. Kenerson, Jr.; $200/hour for D. Ryder Kenerson, III; $90/hour for Administrative Assistant

Other

Account minimum: $250,000 for individual accounts; $1 million for charitable foundation accounts Fee-only: Fee-only advisory services; no commissions or mark-ups on securities transactions; no 12b-1 fees received

Main office location

Virginia Global Asset Management, LLC

409 Yarmouth Street

Norfolk VA 23510, United States

Number of offices

2

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

David K

Series 65

Norfolk, VA

Virginia Global Asset Management, LLC

David Kenerson III is a financial advisor at Virginia Global Asset Management, LLC, holding a Series 65 credential and beginning his advisory career in 2025. Prior to joining the advisory field, he spent 17 years at Hanover Research. Virginia Global Asset Management is a small firm with two advisors that manages discretionary and non-discretionary portfolios, financial planning, and trust and retirement services for individual and institutional clients. The firm employs a combination of top-down macro analysis and bottom-up fundamental research with a contrarian approach, focusing on concentrated sector exposure and multi-year holding periods.

Retirement income strategy General estate planning guidance Wealth management Active portfolio management
user avatar

David K

CFA®, Series 63, Series 65

Norfolk, VA

Virginia Global Asset Management, LLC

David Kenerson Jr. is a CFA charterholder with 22 years of industry experience. He has been with Virginia Global Asset Management, LLC since 2006. Outside of his advisory work, Mr. Kenerson is actively involved with several nonprofit organizations, including serving as Chair of the Edmarc Foundation and holding leadership roles with The Hospice for Children, Norfolk State University Foundation, The Samaritan House Foundation, and Scenic Virginia. Virginia Global Asset Management is a two-advisor firm that provides discretionary and non-discretionary portfolio management, financial planning, and trust and retirement account services. The firm serves both individual and institutional clients and employs an investment approach combining top-down macro analysis with bottom-up fundamental research and a contrarian orientation.

Retirement income strategy General estate planning guidance Wealth management Active portfolio management
Warmer team member

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.

Find your advisor
Discover

Compare top advisor firms by metric, firm size, and location.

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

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. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")