Larson Financial Planning

Steven L. Larson, the founder and principal, leads the investment process. The firm uses a committee-based approach informed by third-party research, rather than a single portfolio-manager structure. Final asset-allocation and manager-selection decisions rest with Larson, public record indicates.

The firm operates on a fee-only basis, typically charging a percentage of assets under management or a flat retainer for financial planning. This model removes commissions and product-sales incentives from the relationship, aligning the firm's revenue with portfolio performance and client retention. The specific fee schedule is customized by client engagement and has not been published widely.

No. The firm constructs portfolios from publicly available securities, primarily ETFs and mutual funds. It does not commit capital to private equity funds, venture capital, hedge funds, or direct real estate partnerships. This keeps liquidity high and costs transparent for its individual and family clients.

The firm does not co-invest. Its model centers on individualized financial planning using liquid public-market instruments. There is no platform for pooled private investments, nor any history of syndicated deal participation alongside institutional general partners.

No public succession plan has been announced. As a founder-led independent RIA, the firm likely faces the same transition challenge common in practices of its size: client relationships are tied to the founder, and no junior partners or external acquirers have been identified. This is a long-tail risk for continuity, in keeping with many Virginia-based fee-only practices.