WealthQuest Financial Services, LLC was established in 2000 by Wall, Einhorn & Chernitzer, PC to fulfill client requests to provide more comprehensive financial planning and investment advisory services. WealthQuest is a registered investment advisor in the Commonwealth of Virginia.

Cheryl Furlong Gross, CPA, CFP
Cheryl leads the WealthQuest team with a solid background in both public accounting and private company management. Her experience lends her a unique understanding of the financial planning needs of both individuals and businesses. She has earned the Certified Financial Planner designation.

Cheryl has served on the boards of several nonprofit organizations and holds a BSBA in Accounting from Old Dominion University.


Jeffrey S. Chernitzer, CPA/PFP
Jeff is also a shareholder in Wall, Einhorn & Chernitzer, PC, but enjoys financial planning so much that he has dedicated 50% of his time to WealthQuest. Jeff has earned the prestigious Personal Financial Specialist designation from the American Institute of Certified Public Accountants.

Jeff devotes much of his free time to serving on the boards of a variety of local nonprofit organizations. A Norfolk native, Jeff holds a BSBA in Accounting from Old Dominion University.


Caren R. Windley, Executive Assistant
Caren keeps the office running smoothly. She comes to WealthQuest after years at Wall, Einhorn & Chernitzer, PC, where she handled processing large volumes of tax returns with ease.

Caren is the main contact for clients who need to schedule appointments or fill out forms.

A Suffolk native, Caren enjoys riding her horse, Rumor, in her spare time.

To expertly implement and maintain your portfolio, WealthQuest has build strong alliances that provide high-quality investment options for you. Our alliances include:

Wall, Einhorn & Chernitzer, PC
Provides tax and business advice as requested by our clients

Strategic Retirement Solutions
Provides third-party administration for retirement plans


BenefitStreet.com
Provides recordkeeping for our web-based 401k solution

Dimensional Fund Advisors (DFA)
Provides access to a high quality collection of passive asset class, no-loan mutual funds

Schwab Institutional
Serves as custodian and broker for your trades

AEGON Financial Services Group
Enables you to access DFA sub-accounts inside a no-load, low-cost variable annuity


WealthQuest
Financial Services, LLC
A Registered Investment Advisor 555 Main Street, Suite 902
Norfolk, VA 23510

(757) 533-4150
Fax (757) 625-1780

E-mail: cwindley@wec-cpa.com

We are fee-only financial planners. Our only revenue comes directly from our clients. We do not accept commissions or referral fees. This allows us to remain objective and put our clients first.

Initial consultations are always free of charge. We will listen to your problems and explain how our approach to financial planning can help you reach your financial goals.

Comprehensive financial planning encompasses all of the following, based on your goals:

Segmented financial planning covers a specific problem in one of the areas listed above. Each financial planning report is customized for your individual situation, including an implementation checklist and timetable.

Our office is located in the heart of Norfolk's financial and business district overlooking the historic Elizabeth River harbor.
From Richmond

Take I-64 East across the Hampton Roads Bridge Tunnel to I-264 West. Follow for approximately 5 miles. Take left lane exit for Waterside Drive (Exit 9). Turn right onto St. Paul's Blvd. at the stoplight. Turn left into drive-through banking area and right into the parking garage located beneath the First Virginia Bank Tower. We are located on the 9th floor.

From Chesapeake

Take US 17 North to I-464 North. Continue on I-464 to I-264 East. Follow through Downtown Tunnel and over drawbridge. Follow exit signs for Waterside Drive, Exit 9. Turn right onto St. Paul's Blvd. at the stoplight. Turn left into drive-through banking area and right into the parking garage located beneath the First Virginia Bank Tower. We are located on the 9th floor.

From Virginia Beach

Take I-264 West/US 44 West. Continue on I-264 to Norfolk/Portsmouth. Follow for approximately 5 miles. Take left lane exit for Waterside Drive, Exit 9. Turn right onto St. Paul's Blvd. at the stoplight. Turn left into drive-through banking area and right into the parking garage located beneath the First Virginia Bank Tower. We are located on the 9th floor.
Parking
Customer parking should be available on the second floor of the First Virginia Bank parking garage (inquire with parking attendant). WealthQuest Financial Services, LLC will validate your parking at the reception desk.

Fee-only Asset Management

We build for our clients passively managed asset class portfolios that minimize portfolio turnover, capital gains taxes and transaction expenses. In addition, we help you maximize risk reduction benefits by diversifying investments across domestic, international and emerging markets.

WealthQuest Investment Approach

Investment Monitoring Services

For clients who don't want us to manage their portfolio, but would like objective investment advice, we offer investment monitoring services. We will review your portfolio with you on a quarterly basis and make recommendations in conjunction with your other investment advisors. If multiple accounts are held, we provide consolidated reporting for a clear picture of your entire investment portfolio.


We Use Institutional Passive Asset Class Funds -

WealthQuest' passive asset class investment philosphy is based on Modern Portfolio Theory (MPT) and the American Law Institute's 1992 Restatement of the Prudent Investor Rule. MPT is derived from rigorous, on-going research by the world's leading economists. We are convinced that this approach is the right choice for long-term investors. Implementing our disciplined, long-term investment strategy is not only sensible and logical, but is cost effective to develop and maintain.

More information on modern portfolio theory - link


Dimensional Fund Advisors, Inc. (DFA) is our major fund manager -

and a respected leader in structuring investment portfolios for institutional accounts including, corporations, pension and profit sharing plans, charitable organizations, labor unions and governmental entities. To maintain quality, its no-load mutual funds are not available to the general public, retail brokers or most other investment advisors. Through WealthQuest, you gain access to these institutional sytle funds.

DFA Prospectus http://www.dfafunds.com

Cashflow and spending plans

Wonder where all the money goes each month? We help you analyze your income and expenses to help you find more money to save to meet your goals.

Insurance analysis

Many risks can be transferred through insurance. We help you determine your insurable need for life, health, disability, property, casualty and liability insurance.

Income tax minimization

Proper tax planning can minimize income taxes. Property transactions, gifts and inheritances, and choice of business entity are just some of the areas where proper tax planning can be critical.

Investment analysis

The media bombards us daily with conflicting investment advice. We offer objective portfolio strategies which are consistent with your goals and your willingness and ability to undertake risks.

Retirement planning

Take full advantage of all retirement savings options abailable to you. We will help you calculate retirement spending needs and plan appropriate strategies to ensure your goals are met.

Education and goal funding

Wonder how you're going to pay for college? A new house? A new car? We help you find the means to reach your goal funding needs.

Estate planning

Ensure that your assets pass to your intended beneficiaries in the most efficient and least costly manner.

Ongoing financial advice

We are just a phone call away whenever you need to make financial decisions. We follow up with each financial planning client, performing an annual review of your situation and suggesting changes as necessary.