Financial Advisors
Fee-only wealth management for life's most important transitions · Charlottesville, VA
Published in partnership with Petrichor Wealth Management
Book online anytime
| Mon | 8:00 AM – 5:00 PM |
| Tue | 8:00 AM – 5:00 PM |
| Wed | 8:00 AM – 5:00 PM |
| Thu | 8:00 AM – 5:00 PM |
| Fri | 8:00 AM – 5:00 PM |
| Sat | Closed |
| Sun | Closed |
Petrichor Wealth Management is a fee-only financial advisory firm based in downtown Charlottesville, Virginia. Founded by Managing Director Jason Statuta, the firm takes its name from the earthy scent that follows rain after a drought — a metaphor for the renewal and growth that comes after careful financial planning. The team specializes in helping individuals, families, and retirees navigate complex financial decisions with clarity and confidence. As fiduciary advisors, they are legally bound to act in their clients' best interests, with no commissions or hidden conflicts of interest.
The firm's approach centers on comprehensive financial planning that integrates multiple aspects of wealth management. Petrichor's services span retirement planning, education funding strategies, tax-efficient investment planning, estate planning coordination, and philanthropic giving strategies. Rather than focusing on a single product or investment strategy, the team works to understand each client's full financial picture and life goals. The firm's planning process is collaborative, with Director of Client Service Caitlin Persson and Associate Wealth Advisor Derek Blair working alongside Jason Statuta to deliver personalized guidance. Client Service Associate Christina Echeverria ensures seamless communication throughout.
Petrichor Wealth Management is best suited for individuals and families facing complex financial transitions — whether approaching retirement, funding college education, managing inherited wealth, or coordinating estate and tax planning. The firm's fee-only structure means clients pay directly for advice rather than through commissions on financial products, ensuring transparency and alignment of interests. The team serves clients throughout Charlottesville, Albemarle County, and across Virginia, with a focus on long-term relationships built on trust and fiduciary responsibility. For those seeking a financial advisor who acts as a true partner rather than a salesperson, Petrichor offers a refreshing alternative to commission-based wealth management.
Best for: Individuals approaching retirement, Families funding college education, Those managing inherited wealth, Anyone seeking tax-efficient investment strategies, Clients coordinating estate and legacy planning, People who value fiduciary responsibility and transparency
Service area: Charlottesville, VA and surrounding Albemarle County, with statewide service across Virginia
Why choose Petrichor Wealth Management: Petrichor stands out in the Charlottesville financial advisory market through its fee-only, fiduciary structure — unlike commission-based advisors, the firm earns no money from selling financial products, eliminating conflicts of interest. Their comprehensive planning approach integrates retirement, tax, estate, education, and investment strategies into a cohesive plan rather than offering isolated investment advice. The collaborative team model led by Jason Statuta ensures clients receive dedicated, responsive service and continuity across all aspects of wealth management.
Fee-Only Fiduciary Structure: Petrichor operates on a fee-only basis with no commissions or product sales. As fiduciaries, they are legally obligated to act in clients' best interests, not their own — a critical distinction from commission-based advisors.
Comprehensive Planning Approach: The firm integrates retirement, tax, estate, education, and philanthropic planning into a cohesive strategy rather than focusing on isolated investment products. This holistic view helps clients make coordinated decisions across all aspects of wealth.
Collaborative Team Model: Clients work with a dedicated team led by Managing Director Jason Statuta, including Director of Client Service Caitlin Persson and Associate Wealth Advisor Derek Blair. This ensures continuity, responsiveness, and diverse expertise across all planning areas.
Local Charlottesville Roots: Based in downtown Charlottesville with deep ties to the local community, Petrichor understands the unique financial landscape of Virginia families — from UVA faculty retirement plans to local business succession planning and estate considerations.
| Service | Details | Starting Price |
|---|---|---|
| Education Planning | 529 college savings plan management, financial aid strategy, and education funding projections to help families prepare for rising education costs. | |
| Retirement Planning | Comprehensive retirement income strategies, Social Security optimization, pension analysis, and withdrawal planning to ensure financial security throughout retirement. | |
| Tax Planning | Tax-efficient investment strategies, Roth conversions, charitable giving optimization, and year-round tax coordination to minimize liabilities and maximize after-tax wealth. | |
| Estate Planning Coordination | Collaboration with estate attorneys to structure trusts, coordinate beneficiaries, and develop wealth transfer strategies that align with your legacy goals. | |
| Investment Management | Ongoing portfolio design, asset allocation, rebalancing, and performance monitoring tailored to your risk tolerance, time horizon, and financial goals. | |
| Philanthropic Planning | Charitable giving strategies including donor-advised funds, charitable trusts, and planned giving to maximize impact while optimizing tax benefits. |
How does Petrichor Wealth Management charge for its services?
Petrichor operates on a fee-only basis, meaning clients pay directly for financial planning and investment management services. The firm does not earn commissions from selling financial products, eliminating conflicts of interest. Fee structures are transparent and typically based on assets under management or flat planning fees. As a fiduciary, Petrichor is legally required to act in clients' best interests at all times. During an initial consultation, the team will explain the specific fee arrangement that applies to your situation.
What qualifications does the advisory team have?
Petrichor Wealth Management is led by Managing Director Jason Statuta, a wealth advisor with expertise in comprehensive financial planning. The team includes Associate Wealth Advisor Derek Blair and Director of Client Service & Operations Caitlin Persson, who collectively bring experience in retirement planning, tax strategy, estate coordination, and investment management. All advisors operate under fiduciary standards and maintain continuing education in financial planning disciplines. Specific credentials and backgrounds are available on the team bios at petrichorwealth.com.
What happens during the first meeting with Petrichor?
An initial consultation at Petrichor is an opportunity to discuss your financial situation, goals, and concerns without obligation. The team will ask about your current financial picture, major life transitions on the horizon, and what you hope to accomplish through financial planning. They'll explain how their fee-only, fiduciary approach works and whether their services are a good fit for your needs. There's no pressure to commit — the goal is simply to understand your situation and outline how Petrichor might help. You can schedule an introductory meeting by calling (434) 979-4822 or visiting petrichorwealth.com.
Who is the ideal client for Petrichor Wealth Management?
Petrichor is best suited for individuals and families facing complex financial decisions — those approaching retirement, funding education, managing inherited wealth, coordinating estate planning, or navigating tax strategies across multiple income sources. The firm works with clients who value transparency, fiduciary responsibility, and comprehensive planning rather than isolated investment advice. If you're looking for a long-term financial partner who takes time to understand your full financial picture and acts in your best interest, Petrichor's collaborative, fee-only model is designed for you.
Does Petrichor work with clients outside Charlottesville?
Yes. While Petrichor Wealth Management is based in downtown Charlottesville, the firm serves clients throughout Virginia and can work with clients remotely when needed. The team uses secure technology for virtual meetings, document sharing, and ongoing communication, making it easy to work with the firm regardless of location. Local clients are welcome to meet in person at the Charlottesville office at 408 E Market St. The team's expertise in Virginia-specific tax, estate, and retirement planning makes them particularly well-suited for clients across the state.
How do I get started with Petrichor Wealth Management?
The first step is to schedule an introductory consultation with the Petrichor team. You can call the office at (434) 979-4822 or visit petrichorwealth.com to request a meeting. During this initial conversation, you'll discuss your financial goals, current situation, and any pressing concerns. The team will explain their fee-only, fiduciary approach and outline how they might help. There's no obligation — the goal is to determine whether Petrichor's services align with your needs. From there, if you decide to move forward, the team will develop a personalized financial plan tailored to your situation.
What is a fiduciary advisor and why does it matter?
A fiduciary advisor is legally required to act in your best interest at all times, putting your financial well-being ahead of their own compensation. This is a higher standard than 'suitability,' which allows commission-based advisors to recommend products that are merely suitable rather than optimal. Petrichor Wealth Management operates under fiduciary standards as a fee-only firm, meaning they earn no commissions from selling financial products. This eliminates conflicts of interest and ensures the advice you receive is truly objective. For clients navigating complex financial decisions, working with a fiduciary provides peace of mind that recommendations are unbiased.
What financial planning services does Petrichor offer?
Petrichor provides comprehensive financial planning services including retirement planning and income strategies, education funding and 529 plan management, tax-efficient investment planning, estate planning coordination with attorneys, philanthropic and charitable giving strategies, and ongoing portfolio management. The firm takes a holistic approach, integrating all aspects of your financial life rather than focusing on isolated products or accounts. During the planning process, the team identifies opportunities for tax savings, risk mitigation, and long-term wealth growth. Services are customized to each client's unique goals and circumstances.
Book online: Schedule Consultation →
Phone: (434) 979-4822
Address: 408 E Market St # 202, Charlottesville, VA 22902 (Get directions)
Website: petrichorwealth.com/
LinkedIn: Petrichor Wealth Management on LinkedIn