Versant Capital Management Reveals Ownership Change and Dallas Market Expansion

PHOENIX, July 26, 2023 (VSNewsNetwork.com) - Versant Capital Management, Inc., an independent wealth management and registered investment advisory (RIA), has recently transitioned its ownership and initiated its expansion into the Dallas market. Former majority owner, founder and Chief Investment Officer Thomas J. Connelly, CFA, CFP, has transferred his majority ownership to business partners Elizabeth Shabaker, CFP, CDC, and Royce Ramey, CFA, who will now take on the roles of Co-Chief Executive Officers.

Speaking on the July 1, 2023 transition, Connelly shared his enthusiasm about the change, promising to continue serving in his role as CIO and as a part of the Executive Leadership Team. "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," he stated.

Shabaker, who has over 13 years of executive leadership at Versant, and Ramey, the former Managing Director and Chief Experience Officer at Tolleson Wealth Management in Dallas, will lead the firm's expansion into the Dallas market. The decision to establish a physical presence in Dallas is driven by the rising demand for sophisticated financial advisory services in the region. "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," Ramey explained.

To learn more about Versant Capital Management, visit versantcm.com.

Source: Versant Capital Management, Inc. via Newswire