Financial Advisor in Norfolk, VA
1.oak Financial is a financial planning firm headquartered at 5005 Colley Avenue in Norfolk, Virginia. Founded by Mike Milligan, CFP®, the firm builds the One of a Kind Financial Plan™ around each client's story, covering tax strategy, retirement income, investments, long-term care, and legacy planning.
1.oak Financial doesn't serve Norfolk from a distance. The firm's office sits on Colley Avenue, a few blocks from the Elizabeth River and ten minutes from the naval station that anchors so many Norfolk careers. Mike Milligan, CFP® built the firm here, hosts The One of a Kind Financial Show on WNIS-AM 790 here, and worked out at Orangetheory Fitness in Norfolk five times a week while dropping 120 pounds, the turnaround that led him to add health assessments to the planning process.
Norfolk money questions have Norfolk shapes: military pensions and Survivor Benefit Plan elections from years at Naval Station Norfolk, shipyard and port careers with defined-benefit plans, ODU and Sentara retirement accounts, and family homes in Ghent or Larchmont that hold more equity than any brokerage statement. The One of a Kind Financial Plan™ starts with your story, then puts the five components (tax strategy, retirement income, investments, long-term care, and legacy) around it.
Your Guides in Norfolk
Hear the team first: The One of a Kind Financial Show airs Saturdays 8–9 AM and Sundays 7–8 AM on WNIS-AM 790 across Hampton Roads. Stream past shows.
Michelle Costner is insurance licensed in health, life, and annuities insurance in the state of Virginia. Investment advisory services are offered through Mike Milligan, an Investment Advisor Representative of Advisory Alpha, LLC. Michelle Costner is not an Investment Advisor Representative and is not licensed to provide investment advice.
The One of a Kind Financial Plan™, built for Norfolk
Tax Planning
Withdrawal order, Roth conversion timing, and bracket management built around the state facts below, so more of what you saved stays yours.
Retirement Income Planning
A month-by-month income picture that answers one question: can the life you want here be paid for, for as long as you live it?
Investment Management
Portfolios managed with Advisory Alpha's investment team, held at Fidelity, Charles Schwab, and American Funds.
Long-Term Care Planning
The HALO health analysis puts numbers on the risk everyone avoids talking about, before it makes the decisions for you.
Legacy Planning
Documents, beneficiaries, and the family conversation, so what you built lands where you intend it to.
Flat Fee Planning
A comprehensive plan for a straightforward, predetermined fee, so you know exactly what you're paying and what you're receiving.
What’s different about planning in Norfolk
- Virginia does not tax Social Security benefits, and taxpayers 65 and older may qualify for an age deduction of up to $12,000 depending on income.
- Virginia's military benefits subtraction lets eligible veterans subtract up to $40,000 of military retirement income a year, starting with tax year 2025, a meaningful line item in a Navy town.
- Norfolk is home to Naval Station Norfolk, the largest naval base in the world, so Survivor Benefit Plan elections, TSP rollovers, and VA benefits show up in more Norfolk plans than almost anywhere else.
State tax details current as of 2026 and subject to change; your plan is built on the rules in force when it is written, alongside your tax professional.
Norfolk questions, answered plainly
Where is 1.oak Financial's Norfolk office?
5005 Colley Avenue, Norfolk, VA 23508. Meetings happen in person at the office or over Zoom, and the first call is complimentary. Schedule it through the Book a Call button or (757) 909-7151.
Does 1.oak Financial work with military families in Norfolk?
Yes. Norfolk plans regularly involve military pensions, Survivor Benefit Plan elections, TSP accounts, and VA benefits, and the firm coordinates those pieces inside the One of a Kind Financial Plan™ rather than treating them as afterthoughts.
Does Virginia tax retirement income?
Virginia does not tax Social Security benefits. Other retirement income is generally taxable, though taxpayers 65 and older may claim an age deduction of up to $12,000 depending on income, and eligible military retirees may subtract a portion of military retirement pay. Your plan accounts for the details.
Can I hear the team before booking a call?
Every weekend. The One of a Kind Financial Show airs Saturdays 8–9 AM and Sundays 7–8 AM on WNIS-AM 790, and past shows stream on the radio show page any time.
Serving Norfolk, VA zip codes
- 23503
- 23504
- 23505
- 23506
- 23507
- 23508
- 23509
- 23510
- 23511
- 23513
- 23517
- 23518
- 23523
- 23551
