Wealth Management
Personalized Service to Meet Your Goals
Read Our Old Point Wealth Management Blog
Meet Our Team
Investment Management
Trust Services
Individual Retirement Solutions
Business Retirement Solutions
Estate Services
Wealth Management Locations
Oyster Point Wealth Management Office
Ghent Wealth Management Office
New Town Wealth Management & Investment Services Office
Wealth Management FAQs
- Who is Old Point Wealth Management? Old Point Wealth Management is a wholly-owned subsidiary of Old Point Financial Corporation. It is the largest trust company headquartered in Hampton Roads, Virginia, offering local asset management by experienced professionals.
- Where does Old Point Wealth Management have offices?
- What services does Old Point Wealth Management offer?
- Can I schedule an appointment with an Old Point employee online?
Resources from Old Point
-
April 2025 Market Commentary
U.S. Equity markets suffered steep declines in March as tariff concerns reignited inflation and recession fears. Trade policy clarity emerged, but announced tariffs were higher than expected. The stock market and the economy are not in sync, but that may change. The Fed stays on the sidelines for now. Investment discipline is most important during times of heightened uncertainty.
-
March 2025 Market Commentary
The Magnificent Seven stocks fell out of favor, weighing heavily on the U.S. major market indices last month. The new White House administration’s tariff policies were released at a rapid and aggressive pace, marked by swift and significant changes that disrupted established trade norms.
-
February 2025 Market Commentary
Market breadth improved in January following a tough two-year trend of a limited number of stocks outperforming benchmarks. The AI paradigm was tested by the arrival of a low-cost solution from China, momentarily upsetting the upward path of the technology titans’ stock prices.
-
January 2025 Market Commentary
Despite a soft December, U.S. equity markets posted exceptional results for the second consecutive year. Once again, stock market returns exceeded consensus expectations. Results for 2024 were similar to 2023 with the Magnificent Seven stocks driving most of the S&P 500 Index’s results. The Fed started an interest rate easing cycle, but inflation concerns pushed yields higher. 2025 looks like a banner year for earnings growth but risks should not be ignored.
-
Important Tax Numbers for 2025
Each year the Internal Revenue Service (IRS) adjusts dozens of tax provisions to adjust for inflation and prevent what is called “bracket creep.” Bracket creep occurs when inflation, as opposed to real increases in income, pushes people into higher income tax brackets or reduces the value of credits and deductions.