Verdence Capital Advisors Unveils Verdence/RIA+, Expanding and Rebranding the Firm’s Unique Offerings for Other RIAs
17 Abril 2024 - 10:14AM
Business Wire
Formerly known as Verdence/OCIO, RIA+ will
continue to provide outsourced RIA services while also delivering
key solutions focused on continuity and succession planning
Verdence Capital Advisors (Verdence), a leading private wealth
advisory firm, is today pulling back the curtain on Verdence/RIA+,
the new brand, look, and website for what had been the firm’s
outsourced CIO offering.
Now providing an expanded lineup of services and solutions, RIA+
is designed to be the independent advisor’s partner of choice when
it comes to not only the kinds of outsourced RIA services that can
dramatically free up an advisor’s time and allow them to focus on
accelerating the growth of their business, but also for helping
address an advisor’s continuity and succession planning needs.
“Rebranding was essential to communicate the expansion in
service offerings, but the transformation from Verdence/OCIO to
Verdence/RIA+ is so much more than a name change,” said Leo Kelly,
CEO of Verdence Capital Advisors. “It embodies our commitment to
evolving alongside our clients and the transition of this part of
our business from an OCIO solutions provider to a full-service RIA
extension. As independent advisors seek more comprehensive
solutions and additional robust services, Verdence/RIA+ stands
ready to assist.”
“As RIAs ourselves, we understand the unique challenges and
opportunities faced by our peers,” added Mr. Kelly. “So we’ve
further expanded the toolkit we can provide to firms to help them
answer the two-part question faced by every advisor – ‘how can I
grow my business now and how do I plan for the future of my firm,
my team and my clients?’.”
Verdence/RIA+ will continue to offer a comprehensive range of
solutions and support services tailored specifically for solo
advisors and small to midsized RIAs. This suite of tiered services
is customized for each RIA. Among the service offerings are:
continuity and succession planning, financial planning support,
investment research, investment management, back office, compliance
as well as access to private markets and deal flow.
“I knew when I joined Verdence that the team had already put
together what I believe to be one of the more comprehensive suites
of RIA services in the business,” said Peter McGratty, Director of
Verdence/RIA+. “Among the important additions to the program are
continuity and succession planning. Advisors do such a good job
helping clients plan for the unexpected and for their retirement,
but often do not spend the time planning for their own
circumstances. This is becoming critically important as advisors
look to retirement. If an RIA is looking to ‘scale for a sale,’ we
can assist; if they’re looking to plan for the eventual handover of
ownership to the next generation of firm principals, we can help
there too; and if the question of what comes next is an open one,
that is a challenge we are uniquely equipped to meet, delivering a
range of custom options and assisting with the steps need to make
any of them a reality.”
“Having worked with emerging, breakaway and established
independent advisors for nearly his entire career, Pete brings a
wealth of experience to this role and his insights and those of his
colleagues on the RIA+ team are now available at a time when
advisors have more options, but are facing more potential pitfalls,
than ever before,” added Mr. Kelly. “I’m very pleased to see this
evolution of our OCIO business into RIA+, bringing such thoughtful
solutions to market at such a critical time.”
For more information about Verdence/RIA+, please visit:
https://ria.plus/
About Verdence Capital Advisors
Verdence Capital Advisors is a private wealth advisory and
multi-family office firm headquartered in Hunt Valley, Maryland,
with offices in Northern Virginia and Naples, Florida. Committed to
the principle that advice should be transparent, customized, and
given without bias, true independence is one of the guiding
principles of Verdence Capital Advisors.
For more information, visit: www.verdence.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240417094105/en/
Media: Rob Jesselson Craft & Capital
rob@craftandcapital.com