FOR IMMEDIATE RELEASE
Charlotte, N.C., September 30, 2017- Novare Capital Management, a fee-only wealth management firm, announced today the acquisition of Staton Financial Advisors in Charlotte, NC.
The combined firm has assets under management that exceed $1billion and serves 360 clients. Novare Capital offers comprehensive wealth management services including investment management, cash flow planning, trust and estate review and educating the next generation services. Novare Capital will retain Staton Financial’s staff and looks forward to providing an expanded offering of services to their clients.
“We have great respect for Bill Staton and his team and his America’s Finest Companies® proprietary methodology of investing. We have known him for many years and believe this acquisition will allow us to offer top notch investment management and wealth management services to their clients,” said Don Olmstead, Novare Capital co-founder.
“We at Staton Financial Advisors are thrilled to be merging with Novare Capital Management. When we started our firm 17 years ago, we knew at some point we’d want to join a larger firm to preserve our method of investing, expand our services and provide a succession plan for our beloved clients,” said Staton Financial co-founder Bill Staton.
“We’re absolutely honored to be joining such an esteemed firm as Novare Capital, named once again to the 300 Top Registered Investment Advisors for 2017. They’re an excellent team, and we can hardly wait to join forces effective September 30th,” Staton added.
Bill has been Managing Director and Chief Investment Officer for Charlotte-based Staton Financial Advisors, LLC, since its inception in 2000. He and his wife/partner Mary began portfolio management in 1997.
“I love what I do and plan to continue offering our stock-picking system of investing for years to come. Merging with Novare Capital will provide a seamless transition for our clients, and affords a win-win for both firms and especially our clients,” he added.
About Novare Capital Management
Novare Capital Management, founded in 1999 by William G. Baynard, Jr. and Don E. Olmstead, CFP®, provides customized portfolio management for successful individuals, families, and business owners. The firm’s philosophy is to preserve and grow wealth for several generations through a disciplined approach to investing. Novare Capital offers customized investment management, integrated cash flow planning, trust and estate review services, charitable planning, executive stock option planning and next generation financial education.
For more information on Novare Capital please contact Don Olmstead at 704.334.3698 or firstname.lastname@example.org.