Sima Wealth Partners, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed August 3, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$325/hr

“SIMA Wealth charges an hourly fee of $325 for clients who request specific services (such as a modular plan or hourly consulting services) and do not desire a broad-based written financial plan.”

Flat or project fee

$3,500⁠-⁠$15,000

“SIMA Wealth will charge a fixed fee that ranges from $3,500.00 to $15,000.00, for broadbased planning services.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Sima Wealth Partners, LLC bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Portfolio management fees may be negotiable depending on factors such as the amount of assets under management, range of investments, and complexity of the client’s financial circumstances, among others.”
• “Since this fee is negotiable, the exact fee paid by the client will be clearly stated in the advisory agreement signed by the client and SIMA Wealth.”
• “At the inception of investment management services, the first pay period’s fees will be calculated on a pro-rata basis.”

How Sima Wealth Partners, LLC’s fees compare

• Its hourly rate of $325 is above the Virginia median of $260. 71% of the 203 other Virginia planners that publish an hourly rate charge less.
• 12 of the 15 other planners in Richmond that publish an hourly rate charge less.
• Its flat or project fee of $3,500-$15,000 spans the Virginia median of $4,250. 80% of the 168 other Virginia planners that publish a flat or project fee charge less.
• 12 of the 15 other planners in Richmond that publish a flat or project fee charge less.

About Sima Wealth Partners, LLC

• Firm size: 6 employees.
• Credentials named in the brochure: CPA.
• Registered as an adviser: 2024 (2 years).

Planning areas mentioned in the brochure

• Retirement planning
• Tax planning
• Estate planning
• College planning
• Cash flow and budgeting

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1.25% a year

Clients

111

Employees

6

Works with

Individuals, high net worth individuals, pension and profit sharing plans, and businesses

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, and selecting other advisers

Assets managed

$156,659,083

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

159943

Website

simafinancialgroup.com/wealth-planning (opens in new tab)

Phone

(804) 285-5700

Can advise clients in 2 states: Texas, Virginia

Other planners in Richmond that publish fees

• Alexis AdvisorsRichmond$150⁠-⁠$350/hr
• Ark Financial Strategies LLCRichmond$2,000⁠-⁠$10,000
• Beale Healy Investment Advisors IncRichmond$100⁠-⁠$225/hr
• Bonwell Capital Management, LLCRichmond$250/hr, $250⁠-⁠$50,000
• Covenant Wealth AdvisorsRichmond$300/hr, $2,000⁠-⁠$30,000
• EvoadvisorsRichmond$10,000/yr

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