Verdence Welcomes Director, Peter McGratty
Peter McGratty Joins Verdence Capital Advisors to Lead Innovative OCIO Offering
Highly experienced working with the independent advisor community, McGratty will continue to expand suite of services as Verdence team redefines what OCIO means
Hunt Valley, MD – February 22, 2024 – Verdence Capital Advisors (“Verdence”), a leading private wealth advisory firm, is today announcing that Peter McGratty has joined the firm as a Director to lead Registered Investment Advisory (RIA) development and expansion of their unique Verdence/OCIO platform.
Mr. McGratty brings a great deal of wealth and investment management experience as well, including a decade+ spent as Founder & VP, Strategic Partnerships with Pinnacle Advisor Solutions, where he specialized in providing a comprehensive range of solutions to emerging, breakaway and established independent financial advisors nationwide.
In this role, Mr. McGratty will bring Verdence resources to independent RIAs facing challenges operating advisory firms in an increasingly complex environment. Leveraging his knowledge of the RIA community, Mr. McGratty will lead the growth of Verdence’s OCIO offering, uniquely positioned to allow outside advisors access to Verdence’s comprehensive research platform, model delivery, marketing, and alternative investments as they navigate industry complexities.
“Building, running and scaling a successful independent practice too often means that advisors are focusing their time and energy on everything but the one thing that matters most – the client,” said Mr. McGratty. “In learning about Verdence/OCIO, it quickly became obvious to me that Verdence has built something very special, and I could not be more excited to be joining the team as we take the very concept of OCIO to the next level in 2024 and beyond.”
“Finding a Director of /OCIO took careful consideration and time. Peter was the right person to take the reins at the right time, and I’m thrilled to welcome him to our team,” added Leo Kelly, Founder, CEO & Partner with Verdence. “He has built a career helping RIAs navigate the many challenges of owning an operating a firm, and he knows just what an OCIO offering can and should provide to help independent advisories grow.”
Mr. Gratty holds the Chartered Financial Analyst (CFA®) designation and received a BSBA in Finance from Georgetown University.
For more information on Verdence/OCIO, please visit https://verdenceocio.com/
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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
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Media Contact:
Chris Sullivan
Craft & Capital
(212) 473-4442
chris@craftandcapital.com
