Balentine & Company Launches Nashville Office With Clayton Associates.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--Sept. 20, 2000 Local Investment Advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and Manage Approximately $200 Million Balentine & Company, an Atlanta-based investment counseling firm, today announced the opening of its Nashville office and the appointment of a team of local veteran investment advisors. Balentine's Nashville office is a partnership between Balentine & Co. and Clayton Associates, a venture capital firm, and is headed by Senior Vice President Mark Vandiver, who has worked with Clayton Associates and Balentine for the past two years. "For the past couple of years, we have had a presence in Nashville," said Robert Balentine, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Balentine & Co. "The successful relationships we have fostered here, along with the economic growth in Nashville, have helped solidify so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our decision to have a more visible presence in this city." Balentine's Nashville board of advisors includes David Ingram, Robert Frist, Jr., R. Clayton McWhorter, Stuart McWhorter, Sam Bartholomew, Michael Sontag and Bill Knestrick, all of Nashville. Clayton McWhorter and Stuart McWhorter also serve on the Nashville board of directors, as does Mark Vandiver. Other board of director members include Robert Balentine, B. Clayton Rolader and Jeffrey P. Adams, all of Atlanta. "I have been impressed by the commitment and performance of Mark Vandiver, who has built a local client base," said Clayton McWhorter, chairman and founding principal of Clayton Associates. "As a Balentine client I have been particularly impressed with their thorough and objective approach to investment management as well as their high degree of personal service." McWhorter also noted the quality of the people assembled at Balentine. "Robert has built a team of highly qualified professionals in Atlanta, and I am pleased that Balentine will now have a full-service presence in Nashville." Vandiver has named William DeCamp and W. Kendall Downey as vice presidents. Both were formerly with SunTrust Equitable Securities, in Nashville. While at SunTrust Equitable, DeCamp and Downey ran the Nashville office's investment consulting division, where they were responsible for approximately $2 billion in assets, providing investment counseling and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to endowments, foundations and private clients. With years of experience in both the securities brokerage and banking industries, DeCamp is charged with both private client and institutional management for Balentine's Nashville office. He is a member of the Institute for Certified See certification. Investment Management Consultants and the Investment Management Consultant Association. DeCamp is also a candidate for the Certified Investment Management Analyst designation. Downey's focus at Balentine is providing investment counsel to foundations and endowments, as well as to private clients. Formerly with First American National Bank For other banks with a similar name, see . First American National Bank was a subsidiary of First American National Corporation, a financial institution based in Nashville, Tennessee that served the states of Tennessee, Kentucky, Georgia and Virginia. of Nashville, he developed its investment program for non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. as an officer in the Trust division. "With this team of veteran advisors, the Nashville office now manages approximately $200 million in assets," said Vandiver. "We now have the local resources and talent to provide personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. service to all our clients in this region." The Nashville office provides services in asset management, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and philanthropic counsel for both institutions and individuals. BALENTINE & COMPANY is an Atlanta-based investment counseling firm, advising and managing $3.5 billion in assets. Clients include families, foundations and endowments, and the firm also provides consulting and investment management services to select institutions and retirement plans. For private clients, Balentine & Company integrates the investment strategy with each client's tax and estate planning Estate Planning The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death. Notes: Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the considerations. Clayton Associates serves as an advisor and investor to managers and companies who seek business plan development, strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and capital. They are currently invested in over 30 companies and manage a private equity, venture capital fund. |
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