Bay Capital Advisors, LLC - Financial Advisory Firm in Virginia Beach, VA

Q: Why should I choose you as my financial advisor?

Choosing the right financial advisor is about trust, integrity, and personalized support. I am a fiduciary, which means I prioritize your best interests above all else. I listen more than I talk, ensuring I truly understand your goals, values, and concerns. My compassionate approach is focused on seeing you succeed and achieve your dreams. With me, you'll find a dedicated partner committed to guiding you with honesty, care, and tailored advice every step of the way.

Q: How do you charge for your services?

I offer one-time financial plans, hourly rates, and for ongoing asset management, I charge an Assets Under Management (AUM) fee.

Q: What services do you provide? What are your specialties?

Investment Planning, Retirement Planning, Insurance Planning, Estate Planning, Income Planning, IRA and 401K Rollovers and Tax Planning

Q: What financial institution(s) do you represent?

We are an independent Registered Investment Advisor (RIA)

VETTED

CFP^®, RSSA®, ChFC^®

Tel: 843-271-4730 582 Lynnhaven Parkway Suite 302 Virginia Beach, VA 23452

Every Dream Matters, Let's Bring Yours to Life

About Bay Capital Advisors, LLC

Bay Capital Advisors is an independent fee-only Registered Investment Advisor (RIA). Our certified financial planners are committed to offering objective recommendations and strategies aligned with your unique needs and specific goals. We provide our select group of clients with a level of innovative investment care, independent financial advice, and continuous fiduciary oversight, helping to give them a renewed sense of confidence in their future.

See Disclosures

Our Team

Arcelia Wicker

CFP ^® ,ChFC ^®, RSSA ^®

Arcelia Wicker

CFP ^® ,ChFC ^®, RSSA ^®

Arcelia is a fee-only financial advisor at Bay Capital Advisors, LLC, located in Virginia Beach, Virginia. He served in the United States Navy for 25 years as a healthcare leader and administrator. His Naval career encompassed an array of health care roles including financial management, health benefits planning, global health project planning, and partnering with medical professionals around the globe. Arcelia earned a Bachelor of Science from Hampton University and a Master's from Old Dominion University. He earned both the CERTIFIED FINANCIAL PLANNER" (CFP^®) and the CHARTERED FINANCIAL CONSULTANT (ChFC^®) designations. He is also a Registered Social Security Analyst (RSSA^®) through the National Association of Registered Social Security Analysts. Arcelia has facilitated numerous financial literacy classes in local communities, and he is fulfilled by guiding families through their personal financial journey. He is a member of the National Association of Personal Financial Advisors (NAPFA). Arcelia resides in Carrollton, Virginia, with his wife and two beautiful daughters. He values quality family time, including total immersion in his children's extracurricular activities, traveling, and he is dedicated to lifelong learning and education.

Joe Sallee

CFP ^®

Joe Sallee

CFP ^®

Joe is a fee-only financial advisor at Bay Capital Advisors, LLC, located in Virginia Beach, VA. He is a Navy veteran who served throughout the United States and overseas. His assignments were aboard submarines and on staffs that took him around the world where he was exposed to a wide variety of cultures. Before joining Bay Capital, he founded and served as CEO of Patriot Strategic Investments, LLC, where he served military families and government employees with their retirement planning and investment needs. Joe is a graduate of the University of Oklahoma, where he earned his Bachelor of Science in Physics, and gained a love of college football. He has a Master of Science in Management from North Carolina State University, as well as a Master of Science in National Security Strategy from the National War College. He has been designated a CERTIFIED FINANCIAL PLANNER professional by the College of Financial Planning.

General Information

Firm Start Year:

2006

No. of Employees:

5-9 Employees

Name of Custodial Firm:

Charles Schwab and Fidelity

Communities served:

All

Number of Years with Current Firm:

Work with the following types of clients:

Businesses, Individual Investors

Foreign Languages Serviced:

English

Advisory Services Provided:

Financial Advice & Consulting, Investment Advice & Management, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Money Management

Services

Investment Types:

Mutual Funds, Bonds, Stocks, Exchange Traded Funds (ETFs)

Can meet clients in the following ways:

Your Office, Video Conference, Email, Phone, Our Office, Your Home

Compensation and Fees

Fee Structure:

Fee-Only

Minimum Portfolio Size for New Managed Accounts:

$250,000

Compensation Methods:

Based on Assets, Flat Fee, Hourly

Fee % Based on Assets:

Hourly Rate:

$350

Minimum Fee Charged for Managed Accounts:

Minimum Fee Charged for Hourly Planning Accounts:

$3,500

Firm Information

Firm's Number of Clients:

191

Firm's Number of Planning Clients:

191

Firm's Number of Managed Clients:

191

Assets Managed by Firm:

$215,000,000

Advisor's Number of Clients:

Advisor's Number of Managed Clients:

Advisor's Number of Planning Clients:

Total Assets Under Management by Advisor:

$12,000,000

Preferred meeting methods

I provide a free initial consultation:

Yes

Education

Masters:

Old Dominion University - Norfolk, VA

09/01/2001 - 08/01/2003

Financial Planning for Businesses

Often times business owners are so absorbed in their businesses that they forget about their own personal financial needs and plans. We help you balance your personal and business financial plans and think ahead to life after ownership.

Financial Planning for Individuals

For those clients that don't need help with managing their investments, we offer standalone financial planning services. Our fixed fee, or fee-only financial planning services help you focus on developing your personal goals, while providing a path that helps you achieve these goals. We help you figure out what you actually want out of life. We'll then evaluate your current financial situation and help you determine the best ways to allocate your resources for achieving your goals. Our advisors provide both comprehensive and project based financial planning services. Comprehensive planning requires an in-depth review of your entire financial life. This may include discussions around non-financial planning topics that have an indirect impact on your financial life. To provide the best outcomes, clients must be open to providing the necessary facts and context needed to build an accurate and complete picture. Each situation is different, but typically we'll start with an inventory of your finances. We'll then review your spending plan; savings and investment plans; debt-management; and risk-management and insurance needs. From here we'll explore retirement planning; legacy and estate planning; tax planning; education planning and more.

Portfolio Management

We do not believe in chasing trends or guessing games. Your investments should reflect your goals, not the latest headline. We focus on building long-term, well-balanced portfolios that grow with you and for you. Our disciplined asset management approach combines strategic planning, risk management, and market insight to help you reach your financial goals without the guesswork.

Retirement Planning

Retirement is not just a finish line it's your next big chapter. Whether you're decades away or already approaching retirement, we create customized strategies to turn your next chapter into your best one. From income planning to healthcare costs and legacy goals, we help you retire with confidence and clarity.

Tax Advice and Services

Taxes touch every part of your financial life. We'll help you stay ahead of the curve with practical strategies that keep more of your money working for you. However, similar to planning that goes into living a happy and fruitful life, a well-planned tax strategy can yield great benefits but only if it's done professionally, and earlier on during your wealth accumulation cycle. Our Tax Planning philosophy is not centered around tax avoidance, but rather on helping you structure your finances, so you and your family aren't overburdened by undue tax liability.

Estate Planning & Trusts

Estate planning is more than asset distribution it's about protecting your legacy and empowering future generations. We help families develop thoughtful, tax-efficient strategies to ensure your values and wealth live on. If you wish to leave behind a meaningful legacy, be it for loved ones or a charitable institution, you need to put a well-thought-out estate plan in place. Without an established plan, the fate of your estate could be determined by the government, lawyers, or people that may not have your interests and best wishes in mind. Having an estate plan is paramount in ensuring your estate is handled according to your wishes. Together with your estate planning attorney, we can assist in drafting documents and reviewing your situation, so your estate benefits the people and charities you care about most.

Why should I choose you as my financial advisor?

How do you charge for your services?

What services do you provide? What are your specialties?

What financial institution(s) do you represent?

Disclosures

WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.

Additional Detailed Disclosures

https://www.wiseradvisor.com/disclosure/1893212/wiseradvisor-bay-capital-advisors,-llc-detailed-disclosure.html

Disclaimer

https://www.baycapitaladvice.com/disclaimer

3 Years of Experience

Firm CRD# 140796Series: 65

Compliance

Registered Investment AdvisorYes

Investment Advisor RepresentativeYes

Acknowledged fiduciaryYes

Compliance Disclosures in Last 5 yearsI have a clean record

Criminal Disclosures in Last 5 yearsI have a clean record