AdFi
AF

ACORN FINANCIAL ADVISORY SERVICES, INC.

SEC Registered

Personalized Client Experience

RESTON, VAhttps://olddominionira.com(703) 293-3100
Assets Under Management
$1B–$5B
Year Founded
1991
Employees
11
Office Locations
7 offices
Total Accounts
4566

About the firm

Old Dominion Investment & Retirement Advisors (ODIRA) was established by Donald L. Unger in the Richmond area in early 1991. The firm works with Acorn Financial Advisory Services (AFAS) and Great Point Capital to offer investment and insurance products. ODIRA is dedicated to providing investment management and strategic wealth planning tailored to each client's goals.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net WorthPension/Profit SharingCharitable OrganizationsState/Municipal

Areas of expertise

Investment ManagementRetirement PlanningIrasAnnuitiesFee-based AdvisoryWealth ManagementEmployee BenefitsInsurance401k PlansTax-free Income StrategiesAlternative Investments+2 more

Services

Fee-based investment advisory services, retirement plans for individuals (IRAs, Rollover IRAs, Roth IRAs), retirement plans for businesses (401k, 403b, Profit Sharing, Simple, and SEP plans), employee benefit plans, tax deferred annuities (fixed, indexed, and variable), tax free retirement income strategies, 1031 exchanges and alternative investments, and insurance products (life, disability, and long term care insurance).

insurance

Who they serve

Individuals and families, as well as businesses, primarily in the Richmond, Virginia area including Henrico, Hanover, Chesterfield, Goochland, and Powhatan counties, among others.

Client segmentClientsAssets managed
Individuals (Non-HNW)2,033$316M
High Net Worth Individuals551$871M
Investment Companies0
Pooled Investment Vehicles0$0
Pension/Profit Sharing Plans0$0
Charitable Organizations35$212M
State/Municipal Entities0
Insurance Companies0
Sovereign Wealth Funds0
Corporations0$0

4 total clients reported on Form ADV.

Leadership

James Michael Gambaccini
CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER, PRESIDENT

Office locations

7 offices in 3 states
VA
RESTONHQ
MD
BETHESDA
VA
HENRICO
MA
NEEDHAM
VA
MANASSAS
VA
ALEXANDRIA
VA
HARRISONBURG

Advisors at this firm

18 advisors in the directory

Regulatory & compliance

CRD number
#116763
SEC Number
801-66477
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Hourly / Flat Fee / Other
Minimum: $1,000,000 (waivable)
Asset tierAnnual rate
Up to $1,000,0001.70%
$1,000,001 to $5,000,0001.00%
$5,000,001 to $10,000,0000.90%
$10,000,001 to $20,000,0000.80%
$20,000,001 to $50,000,0000.70%
Over $50,000,0010.60%

Data as of April 27, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. ACORN FINANCIAL ADVISORY SERVICES, INC. has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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