20-year Phoenix-based wealth management firm expands into Dallas market
PHOENIX, July 26, 2023 (Newswire.com)
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Versant Capital Management, Inc., an independent wealth management and registered investment advisory (RIA), recently announced an ownership transition and expansion into the Dallas market. Founder and Chief Investment Officer Thomas J. Connelly, CFA, CFP, has transitioned his majority ownership to longtime business partner Elizabeth Shabaker, CFP, CDC, and Royce Ramey, CFA, who together will serve as Co-Chief Executive Officers.
Connelly expressed his excitement about the July 1, 2023, transition, stating, “One of the greatest joys of my life has been to help families manage their investment portfolios, preserving and growing their financial nest eggs and legacies through market cycles. I will continue to fill that role as CIO and part of the Executive Leadership Team.”
With over 13 years of executive leadership at Versant, Shabaker — recognized as one of the country’s accomplished wealth management practitioners — has played a crucial role in the firm’s growth and practice management. Her expertise in family governance, next-generation planning, and helping women become financially independent are key to the firm’s continued growth.
Before joining Versant, Ramey was Managing Director and Chief Experience Officer at Tolleson Wealth Management in Dallas, a privately-owned family office for wealthy individuals and their families. He served as a senior advisor, the primary client contact, and coordinator for private wealth management services. Ramey provided clients with financial planning and oversight through strategies that helped meet their investment, financial, charitable, family legacy, and wealth-transfer goals.
While Versant has been serving clients in Texas for many years, the expansion into Dallas underscores the firm’s commitment to delivering wealth management and investment services with a local face to high-net-worth families in the area. The growing demand for sophisticated financial advisory services in the region drives the decision to establish a physical presence in Dallas. Ramey explains, “By establishing a local presence, we aim to meet the unique needs of the families in the area and provide the level of personalized service that our clients expect and deserve.”
Shabaker added, “Royce and I are excited to provide financial strategies grounded in sound financial advice, objective research, integrity, and a commitment to service beyond expectation that has defined Versant for nearly two decades as we expand our services into new markets.”
About Versant Capital Management, Inc.
Founded in 2004 in Phoenix, Versant Capital Management, Inc. is an independent registered investment advisory (RIA) providing investment portfolio and wealth management services to people throughout the U.S. The firm serves a diverse range of high-net-worth private clients, including multi-generational families, small business owners, and women undergoing life transitions such as divorce, the death of a spouse, retirement, or professional advancement. For more information and disclosures, please visit versantcm.com.
Contact Information:
Lisa Greve
Marketing Manager
602-635-3760
Original Source:
Versant Capital Management Announces Ownership Transition
