Highly experienced family office leader joins as Verdence continues to see significant growth in its multi-family office offering
Client-centric, education-driven approach perfectly fits the ethos of the Verdence and Verdence/FAMILY philosophy
Baltimore, MD—January 17, 2023 – Verdence Capital Advisors (“Verdence”), a leading private wealth advisory firm, is today announcing that Nancy McColgan has joined the firm as Director of Verdence/FAMILY to lead the firm’s fast-growing multi-family office division.
Ms. McColgan joins Verdence/FAMILY with well over two decades of leadership experience in the wealth management space, most recently as Senior Vice President and Managing Director with Hawthorn, PNC Family Wealth, where she was responsible for the oversight, growth and direction of the organization in Baltimore, Washington, D.C. and the southeastern U.S. Additionally, she held key roles with Legg Mason Global Asset Management for over a decade, including four years as a Managing Director in their wealth management division. She also served as a Senior Client Advisor and Management Committee Chair with WMS Partners.
“It was less than two years ago that we announced the new brand name for our Verdence/FAMILY division and the growth that we have since experienced has been phenomenal,” said Leo Kelly, Founder, CEO & Partner with Verdence. “But as we’ve always said, our growth needs to result in a concurrent growth in benefits to our clients. With that in mind, I can think of no one more qualified that Nancy to join our FAMILY team at this time. Her direct experience in building and innovating around multi-family office efforts and her client-first track record and philosophy make her the perfect person to guide Verdence/FAMILY into 2023 and beyond.”
Verdence/FAMILY is differentiated by its dedicated and experienced team of family office professionals, its menu of sophisticated and highly customizable service offerings, and the access to private investment opportunities available to clients. Additionally, the Verdence/FAMILY team remains laser-focused on solving three key issues for clients and their families, which are consistently identified as the primary challenges to building, managing and maintaining multi-generational wealth:
- Complexity Management: Providing those services that seek to solve day-to-day problems for clients, given them back more of the most precious resource – time;
- Capital Allocation: Giving families customized solutions that take advantage of the unique opportunities their wealth affords them; and
- Legacy Preservation: Preparing and empowering future generations seeking to maximize the benefits of a family’s wealth.
“When Leo and I first started talking about what he and his colleagues were building at Verdence/FAMILY it quickly became apparent how aligned we were around what it means to truly partner with and guide a family through both the short-term and long-term challenges and planning processes that need to be addressed to help them accomplish all of their goals,” added Ms. McColgan. “This is not done by pushing product; this is done by listening, educating, and providing unbiased advice at the highest possible level of client service. That is what I have done my entire career and I could not be more excited to be taking this role at this time with the Verdence/FAMILY team.”
More information on Verdence/FAMILY can be found here: https://verdencefamily.com/
# # #
About Verdence Capital Advisors
Verdence Capital Advisors is a nationally-recognized private wealth advisory and multi-family office firm headquartered in Hunt Valley, Maryland, with an office in Northern Virginia. 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
# # #
Chris Sullivan/Aaron Siegel