Olio Financial Planning
Answer a few questions and
get matched with an advisor.
Learn more about Olio Financial Planning
Overview
Olio Financial Planning is a financial advisory firm located in Mc Lean, Virginia. It has $321.4 million in assets under management across 1,253 accounts, placing it in the mid-tier of investment advisory firms in the country by assets under management (AUM). The firm has a small team, including 9 financial advisors. Olio Financial Planning does not act as a registered broker-dealer, meaning it cannot buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer company to do so. Securities are tradable fiscal investments like options, stocks and bonds.
Olio Financial Planning oversees the majority of its client assets in a discretionary manner. Discretionary management signifies that transaction decisions are made by an investment advisor without requiring the customer's approval. Olio Financial Planning also has 47 non-discretionary accounts with a total of $16.8 million in assets under management. The advisory firm's typical account size is $256,542. The average advisor at Olio Financial Planning oversees around 139 client accounts.
The firm's headquarters is located at 1751 Pinnacle Drive, Mc Lean, Virginia 22102-4007. The firm is allowed to serve customers across 12 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Olio Financial Planning by the Numbers
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/assets@2x.png)
$321.4 million
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/employees@2x.png)
15
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/accounts@2x.png)
1,253
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/account-size@2x.png)
$256.5 thousand
Products and Services
Olio Financial Planning offers a variety of services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers and educational seminars. In the last financial year, the company provided 251-500 of its clients with financial planning services. The company is not involved in selling products or offering services apart from investment advisory services to its investment advisory clients.
Core Advisor Services
-
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.
-
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.
-
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
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
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 charged by financial advisors largely are based on which services the firm provides the client. However, fee types billed by the company can include the following fee types: hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
-
Offered by 21% of firms
Hourly
-
Offered by 32% of firms
Fixed
Unavailable
-
Find one of the 69% of firms that offer this fee type
Percentage of Assets
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm works with retail investors, high net worth investors and pension plans. Out of its 1,253 customers, Olio Financial Planning's biggest client type by number of accounts is retail investors, though it also serves 87 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's customers are from outside of the U.S.
- High-Net-Worth Individuals* - 27.53%
- Other Individuals - 69.94%
- Corporations - 2.53%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Olio Financial Planning does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Olio Financial Planning
Mc Lean, VA
Blacksburg, VA
Mc Lean, VA
Blacksburg, VA
Mc Lean, VA
Blacksburg, VA
Mc Lean, VA
Blacksburg, VA
Blacksburg, VA
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.