Henderson Financial Group
Henderson Financial Group is a privately held, SEC-registered RIA in Virginia Beach, Virginia, delivering fiduciary wealth management, financial planning, tax, and estate services to individuals, families, corporations, and non-profits in the Hampton Roads region.
- Company typePrivate
- Founded2006
- HeadquartersVirginia Beach, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Henderson Financial Group does
Henderson Financial Group LLC (HFG) is a privately held, SEC-registered investment adviser headquartered in Virginia Beach, Virginia, providing fiduciary wealth management and financial planning services to individuals, families, corporations, and non-profit organizations across the Hampton Roads region. The firm was established in 2006 by Ray Henderson as a financial planning practice under Northwestern Mutual, transitioned to independence in 2021, and obtained SEC RIA registration in 2024. Core offerings include comprehensive financial planning, wealth accumulation and distribution strategies, estate and trust planning, tax planning and return preparation, retirement planning (including 401(k), 403(b), 457, and IRA accounts), and insurance planning, delivered as an integrated advisory engagement rather than as discrete product modules.
The firm operates on a relationship-based, high-touch advisory model. Its team of approximately 11 people — including four credentialed advisors holding CFP, CLU, ChFC, CASL, RICP, CIMA, QKA, and WMCP designations — serves clients through scheduled consultations, with revenue derived primarily from recurring advisory fees on managed assets, supplemented by tax preparation fees and insurance commissions. Marketing and client acquisition are driven by referrals and professional network relationships, supported by a testimonial page featuring endorsements from attorneys, physicians, and non-profit executives.
Technology infrastructure is composed of third-party SaaS platforms rather than proprietary systems: Orion Advisor for account management, RightCapital for financial planning, PreciseFP for secure document intake, and HubSpot for marketing forms and CRM. The firm holds no patents, trademarks, or proprietary technology assets, and discloses no funding, external investors, or M&A activity. Customer concentration is distributed across a regional individual/family base with a smaller set of institutional and non-profit clients, and no single customer is identified as a material revenue contributor.
Henderson Financial Group firmographics
Firmographics- Name
- Henderson Financial Group
- Legal name
- Henderson Financial Group LLC
- Website
- https://hendersonfg.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Henderson Financial Group is a privately held, SEC-registered RIA in Virginia Beach, Virginia, delivering fiduciary wealth management, financial planning, tax, and estate services to individuals, families, corporations, and non-profits in the Hampton Roads region.
- Ownership category
- akta.pro rank
Henderson Financial Group industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Financial Planning–Led RIAs (FSAAACAB)
- akta.pro secondary industries
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE), Tax-Focused Wealth Management RIAs (FSAAACAD), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where Henderson Financial Group is headquartered
LocationHeadquarters
- HQ city
- Virginia Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Henderson Financial Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Financial Planning & Advisory Services: Comprehensive financial planning services including wealth accumulation, distribution planning, estate planning, tax planning and returns. Advisory fees for ongoing wealth management relationships.
- Tax Preparation Services: Federal and state tax return preparation for tax planning clients.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Henderson Financial Group product offering
Product offeringCore offering
Henderson Financial Group is a fiduciary wealth advisory firm that delivers comprehensive financial planning and wealth management services to individuals, families, corporations, and non-profit organizations. Its offerings integrate wealth accumulation, retirement planning, estate and trust planning, tax planning and return preparation, wealth distribution, and insurance planning into a single unified advisory engagement led by multi-credentialed advisors. The firm became an SEC-registered RIA in 2024 and operates from its Virginia Beach, VA headquarters serving the Hampton Roads region.
Product overview
Henderson Financial Group operates as a single-service advisory firm offering fiduciary wealth management and financial advisory services. The firm provides comprehensive financial planning, wealth accumulation, trust and estate planning, tax planning and returns, wealth distribution, and insurance planning as integrated components of their unified advisory service rather than as distinct product modules. The firm became a Registered Investment Adviser (RIA) with the SEC in 2024, operating as a fiduciary solely in clients' best interests.
Differentiator
Problem solved
Functional benefit
Products and services
- Fiduciary Wealth Advisory Services Comprehensive fiduciary wealth management and financial advisory services delivered by credentialed advisors (CFP, CLU, ChFC, CASL, RICP, CIMA, QKA, WMCP), integrating financial planning, wealth accumulation, retirement planning, estate and trust planning, tax planning and return preparation, wealth distribution, and insurance planning for individuals, families, corporations, and non-profit organizations.
- Tax Planning & Preparation Services Federal and state tax return preparation and ongoing tax planning delivered to wealth management clients as part of their advisory relationship, coordinated with internal financial planning and external CPA partners.
Companies that use Henderson Financial Group
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Henderson Financial Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Henderson Financial Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered historical and core.
- Northwestern MutualhistoricalOriginal partnership (2006-2021) where Ray Henderson spent 14 years gaining experience before HFG became independent in 2021.
- Foundation Financial Planning (Eli Young, CFP)coreOperational partner providing financial planning support and collaboration within the HFG network.
- Brody Rosenfeld, CPA, CFPcoreOperational partner providing tax and financial planning expertise, collaborating on client advisory services.
- Stephanie Davis (joined from Seattle, WA)coreKey advisor partner who relocated from Seattle, Washington to join and help run the practice, contributing to significant firm growth.
Scale indicators2 records
Recent moves8 records
Expansion highlights4 records
Henderson Financial Group competitors and assessment
Company assessmentBroad incumbents
- Carson Group: National RIA platform and coaching organization supporting independent financial advisors with technology, growth resources, and back-office services. Comparable as a scaling platform for independent advisors, though structured as a multi-advisor firm rather than a single local practice.
- Edelman Financial Engines: Large national RIA providing financial planning, investment management, and retirement advice to HNW households. Comparable as a fee-only fiduciary advisor offering comprehensive wealth services — a scaled incumbent illustrating the category's institutional economics.
- Mariner Wealth Advisors: Large national independent RIA providing comprehensive wealth advisory, tax, estate, and retirement planning to HNW individuals and families. Comparable business model (fiduciary, fee-based, integrated planning) at significantly larger scale, representing the institutional end of the same RIA category.
- Commonwealth Financial Network: Independent RIA and broker-dealer supporting thousands of financial advisors with practice management, technology, and back-office infrastructure. Comparable as an independent advisor ecosystem, though HFG uses competing platforms (Orion, RightCapital) rather than affiliating with a B-D.
- CAPTRUST: National independent RIA focused on investment advisory for corporate retirement plans, endowments, and HNW individuals. Comparable in fiduciary RIA model, with overlapping retirement plan advisory services (401(k)/403(b)) that HFG also serves.
- Wealth Enhancement Group: National independent RIA offering financial planning, investment management, tax, and retirement advisory services to individuals and families. Comparable integrated fiduciary model, though operating at substantially greater scale and geographic reach than HFG.
Regional players
- Davenport & Company: Virginia-headquartered wealth management and investment advisory firm with deep Hampton Roads presence. Directly comparable as a mid-sized regional RIA/broker-dealer serving HNW individuals, families, and institutions across the Mid-Atlantic — and notably a prior employer of HFG team member Ginny Harrington.
- TowneBank Wealth Management: Wealth advisory division of TowneBank, headquartered in the Hampton Roads region. Directly comparable local competitor offering financial planning, investment management, and trust services to individuals and families in the same geographic footprint as HFG.
- Atlantic Union Bank Wealth Management: Wealth management arm of a Virginia-based regional bank, providing fiduciary investment advisory, financial planning, and trust services across Virginia. Comparable as a Virginia-anchored wealth platform serving individuals, families, and non-profits in overlapping Mid-Atlantic markets.
Direct peers
- Foundation Financial Planning: Independent fee-only financial planning firm led by Eli Young, CFP, an operational partner of Henderson Financial Group. Directly comparable as a similarly sized independent RIA providing holistic financial planning with a relationship-driven, fiduciary approach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Henderson Financial Group social profiles
Digital presenceHenderson Financial Group compliance and trust
Trust signalCompliance1 record
Henderson Financial Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Henderson Financial Group leadership team
Management profileNumber of profiles
Profiles7 records
Henderson Financial Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Henderson Financial Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Henderson Financial Group
What does Henderson Financial Group do?
Henderson Financial Group is a fiduciary wealth advisory firm that delivers comprehensive financial planning and wealth management services to individuals, families, corporations, and non-profit organizations. Its offerings integrate wealth accumulation, retirement planning, estate and trust planning, tax planning and return preparation, wealth distribution, and insurance planning into a single unified advisory engagement led by multi-credentialed advisors. The firm became an SEC-registered RIA in 2024 and operates from its Virginia Beach, VA headquarters serving the Hampton Roads region.
Is Henderson Financial Group a public or private company?
Henderson Financial Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Henderson Financial Group founded?
Henderson Financial Group was founded in 2006. It employs 1 to 10 people.
Where is Henderson Financial Group based?
Henderson Financial Group is headquartered in Virginia Beach, United States, in the North America region.
How does Henderson Financial Group make money?
Two revenue lines are on record. Financial Planning & Advisory Services are the primary driver. The others are tax Preparation Services.
Who are Henderson Financial Group's main competitors?
Broad incumbents on record are Carson Group, Edelman Financial Engines, Mariner Wealth Advisors, Commonwealth Financial Network, CAPTRUST and Wealth Enhancement Group. Regional players are Davenport & Company, TowneBank Wealth Management and Atlantic Union Bank Wealth Management. Foundation Financial Planning is listed as a direct peer.
Does Henderson Financial Group have an API?
No public API is recorded for Henderson Financial Group.
What industry is Henderson Financial Group in?
Henderson Financial Group's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAB, Financial Planning–Led RIAs, with a secondary code of FSAEABAA, Registered Investment Advisor (RIA) Wealth Management. Its NAICS code is 523940 and its SIC code is 6282.