Godsey & Gibb Wealth Management
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Overview
Godsey & Gibb Wealth Management is located at 6806 Paragon Pl, Ste 230, Richmond, VA. The firm employs 10 financial advisors to manage client portfolios and provide financial guidance. Godsey & Gibb Wealth Management is not a registered broker-dealer.
Godsey & Gibb Wealth Management oversees $1.3 billion in assets under management across 1,757 accounts, of which 1,744 are discretionary and 13 are non-discretionary. Over the past year, the firm has provided financial planning services to between 101 and 250 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, publication of newsletters, and educational seminars. The firm caters to retail investors, high net worth investors, banking institutions, pension plans, charitable organizations, and corporations, with high net worth investors being the largest client type by accounts. The fee structure at Godsey & Gibb Wealth Management includes asset-based and other fees. The firm has 441 high net worth clients.
Godsey & Gibb Wealth Management is registered in the states of Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, and West Virginia.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Godsey & Gibb Wealth Management by the Numbers
$1.3 billion
25
1,757
$713.6 thousand
Products and Services
Godsey & Gibb Wealth Management provides a variety of financial services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, publication of newsletters, and educational seminars. In the prior financial year, Godsey & Gibb Wealth Management provided financial planning services to 101-250 of its clients. It is engaged in selling products or offering services different than investment advice to its clients.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Find a firm that offers this service
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Offered by 3% of firms
Publication of Periodicals
This is the publication of various financial education materials.
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Offered by 6% of firms
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial advice largely depend on which services are provided. Fees billed by Godsey & Gibb Wealth Management likely consist of any combination of the following fee types: asset-based or other. The company does participate in a wrap fee program, in which the firm offers a service bundle for a single fee.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 10% of firms
Other
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
Types of Clients
The company manages money for a broad range of investors. It provides services to retail investors, high net worth investors, banking institutions, pension plans, charitable organizations, and corporations. Out of its 6 clients, Godsey & Gibb Wealth Management's largest client type by number of accounts is high net worth investors, though it also serves 441 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 in AUM or a net worth of more than $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).
- High-Net-Worth Individuals* - 55.19%
- Other Individuals - 34.17%
- Corporations - 9.51%
- Charitable Organizations - 1.13%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Godsey & Gibb Wealth Management does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Godsey & Gibb Wealth Management
Richmond, VA
Richmond, VA
Greenville, SC
Richmond, VA
Richmond, VA
Richmond, VA
Richmond, VA
Greenville, SC
Richmond, VA
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