A Boutique Multi-Family Office and Wealth Management Firm

Versant Capital Management was founded in 2004 to help people and their families realize the potential of their wealth. With offices in Dallas, Texas, and Phoenix, Arizona, we provide comprehensive, personalized advice to clients across the country with the resources, experience, professional staff, and local partnerships to help you and your family plan for what’s next.

We are held to the fiduciary standard, which means we advise and recommend solutions based on what is in your best interest for your situation to help you make wiser decisions.

 

Multi-Generational Families

Helping you plan for your financial future isn’t just about investment portfolios.

When combining investments, tax planning, estate planning, strategic philanthropic planning, and family governance and education, families can leave enduring legacies for generations to come. We partner with you, your children, and your grandchildren to develop a governance framework that aligns with your values to prepare them to manage wealth responsibly. Providing in-depth financial education to your family’s succeeding generations can help ensure your family’s shared goals are carried on.

 

 

Entrepreneurs & Business Owners

Balancing wealth management alongside the demands of running your enterprise can be a significant challenge. We help business owners and entrepreneurs prepare for and transition through life-changing liquidity events with pre- and post-transaction planning. Whether you’re considering selling a business or exiting in ten, five, or even just a few years, our systematic approach, strategic planning, and network of specialists can help you craft and execute a quality exit strategy.

 

 

Executives

Whether you hold an executive position in a public or private company, our experience, processes, and expertise can help optimize your executive compensation, stock options, retirement plans, incentives, and deferred compensation. We address the nuances of maximizing your compensation benefits and assist you in structuring your long-term wealth management as these benefits convert into cash over time.

 

 

Women Experiencing Life Transitions

Life transitions come in various forms, from career advancement to the loss of a spouse or parent, marriage and divorce, planning for your children’s education, and more. In these moments, there are financial ramifications that often need attention. Our role is to support you in finding clarity, direction, confidence, and the assistance you need. We’ve been there for many in similar circumstances and are here to provide trusted fiduciary advice when you need it most.

 

 

Hello.

We’re glad you’re here.

Empowering a life well-lived is about having a customized strategy designed to reflect your goals beyond just your finances. Selecting the right firm is not a decision to be taken lightly. Wealth is complex and all-encompassing and touches all facets of life, from family to career, hopes to fears, and goals to needs. This complexity requires careful treatment.

Versant Capital Management was founded in 2004 to help people and their families realize the potential of their wealth. We are held to the fiduciary standard, which means we advise and recommend solutions based on what is in your best interest for your situation to help you make wiser decisions.

Thomas Connelly launched Versant in 2004 because as he explored options for managing family wealth, he was struck by the limitations of existing family office approaches, including sophisticated investment advice and access to comprehensive wealth management services.

In 2010, Elizabeth Shabaker joined the firm after mutual clients brought Tom and her together. Under Liz’s supervision, the firm expanded to offer a more holistic service platform to meet client needs. In 2023, Royce Ramey joined Liz in acquiring Versant and became the firm’s co-CEO, while Tom remains the Chief Investment Officer.

Over the last two decades, we’ve steadily helped build our clients’ legacies while our principles remain deeply rooted in serving families, a disciplined investment approach, an entrepreneurial spirit, the freedom to excel, joy in work well done, and giving back to our community.

We look forward to speaking with you about your specific goals.

Purpose & Values

A foundation built on integrity and trust.

These core values serve our employees, clients, and community, adhere to industry best practices, and fulfill our fiduciary responsibility.

Ethics

Upholding unwavering ethical standards is not just a commitment; it’s the cornerstone upon which Versant Capital Management was founded in 2004..

 

Strong Client Partnerships

Our goal is to empower individuals and to achieve financial success and establish lasting generational legacies. We do this by collaborating with you and providing objective, conflict-free advice.

 

Critical Thinking

We measure the success of our innovations by the success of our clients. Adapting our strategies to address our client’s challenges is how we create value. We harness our wealth planning expertise, collaborate with industry partners, leverage technology, and tap into market intelligence to help meet our client’s current and future needs.

Performance & Perseverance

We commit to results-driven actions that create value. We view knowledge as a tool to be applied, not just possessed. Our team collaborates to deliver outcomes that benefit our clients.

Positive Firm Culture

We recognize that the employee experience is a key to success. We aim to cultivate an environment that provides professional and intellectual challenges, fosters diverse ideas, innovation, and creativity, and acknowledges success and teamwork. Our professional staff is characterized by their integrity, competence, and pursuit of excellence.

Versant Capital Management exists to help people flourish. We carefully pinpoint effective investments, wealth planning strategies, business systems, planning tools, and technologies we can identify. These resources are streamlined into an ecosystem that offers our clients ease and enjoyment of use.

Each of our clients represents a unique set of circumstances and aspirations, and we approach every relationship accordingly. Every member of our firm is dedicated to and defined by our client’s trust and the achievement of their goals.

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Citizenship & Community Service

Versant’s commitment to philanthropy is an investment in our community and a desire to make a meaningful impact on people’s lives. Versant and its employees contribute professionally and personally to many organizations through board leadership, in-kind services, volunteerism, and sponsorships.

Whether contributing time, money, or resources, our community commitment is focused on:

  • Women’s issues
  • Children in need
  • STEM Education
  • Financial education

Our employee Matching Gifts and Dollars for Doers programs are designed to help Versant become better corporate citizens, advance the firm’s mission, and engage and connect our full-time employees with that mission. With matching monetary gifts, Versant doubles the impact of our employees’ charitable donations and volunteer time to eligible nonprofits per employee per calendar year.
 

Recent Awards & Accolades

50 Fastest Growing RIAs | America’s Top RIAs
Financial Advisor Magazine
Versant Capital Management — 2025

Rankings are based on assets under management (AUM) reports by firms, as well as growth over time and other firm-reported data. To qualify, firms must be independent RIAs, file their own ADV with the SEC, and primarily serve individual investors. Evaluation Period: 1/1/2024 to 12/31/2024. Award Time Period: 1/1/2024 to 12/31/2024. Submission: March 2025. Publication Date: July 11, 2025. Versant Capital Management rankings: Top RIA #226 and Fastest-Growing Firm #39 (2025). A fee was not paid by either Versant Capital Management or its investment professionals to receive the ranking. The ranking is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

#1 Best Place to Work in AZ Financial Services
Az Business Magazine (Az Big Media)
Versant Capital Management — 2025, 2026

The ranking was conducted by public online votes on the Az Business Magazine website (azbigmedia.com). Voting was open to the public from 9/1/2024 to 11/30/2024. Az Business Magazine is a monthly print and online publication that profiles Arizona businesspeople whom the publication determines are qualified for inclusion based on its evaluation of industries such as healthcare, real estate, construction, education, banking, financial services, manufacturing, technology, and law. Voting Period: 9/1/2024 to 11/30/2024. Ranking Time Period: 9/1/2024 to 11/30/2024. Publication Date: Jan/Feb 2025 issue of Az Business Magazine A fee was not paid by either Versant Capital Management or its investment professionals to receive the ranking. The ranking is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Largest Wealth Managers in North Texas
Dallas Business Journal
Versant Capital Management — 2026

The Dallas Business Journal surveyed wealth management firms based on local assets under management from. Firms were included based on Business Journal survey responses and who met eligibility requirements. To be eligible for this list, a company must be independently owned and have a location within Collin, Dallas, Denton, or Tarrant counties and provide AUM, assets under discretionary management, the number of local licensed investment advisers, the top local executive, and the year the firm was founded locally. Evaluation Period: 1/1/2025 to 12/31/2025. List Time Period: 1/1/2025 to 12/31/2025. Submission Date: January 9, 2026. Publication Date: January 23, 2026. A fee was not paid by either Versant Capital Management or its investment professionals to receive the ranking. The ranking is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Innovation in Banking & Finance — Award Winner
D CEO Magazine
Versant Capital Management, led by Royce Ramey, CFA® — 2025

To qualify, executives and leaders must be based in the Dallas-Fort Worth region, submit an application, and respond to a questionnaire provided by D CEO. The Innovation Awards are not a vote-based list. Finalists and winners were selected solely by the editors of D CEO and Dallas Innovates. Selections were determined through editorial review. Evaluation Period: 9/24/2023 to 9/24/2024. Award Time Period: 9/24/2023 to 9/24/2024. Nomination Date: 9/24/2024. Announcement Date: 10/25/2024. A fee was not paid by either Versant Capital Management or its investment professionals to receive the award. The award is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Dallas 500
D CEO Magazine
Royce Ramey, CFA® — 2025

Dallas 500 is an annual publication produced by the editors of D CEO and features business leaders across industry categories. Editors leverage contacts in local business circles, conduct interviews, and perform research to compile the list. To qualify, nominees must be based in the Dallas-Fort Worth region, submit an application, and respond to a questionnaire provided by D CEO. Dallas 500 is not an awards program or a vote-based list. Selections were made solely by the editors following research and interviews. Evaluation Period: 6/14/2023 to 6/14/2024. List Time Period: 6/14/2023 to 6/14/2024. Nomination Date: June 14, 2024. Publication Date: November 2024 issue. A fee was not paid by either Versant Capital Management or its investment professionals to be on the list. The list is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Women to Watch — Executive Excellence Awardee – 2024
InvestmentNews
Elizabeth Shabaker, CFP®, CDC — 2024

 The Women to Watch Awards team conducted research and drew on knowledge and information gained through InvestmentNews to support and supplement nominations. Shortlisted finalists were determined from pools of information. Submissions were provided to a judging panel for voting, which comprised mortgage and finance industry leaders and senior representatives. The panel assessed and voted on the winners in each category based on the relevant criteria. Evaluation Period: 7/12/2023 to 7/12/2024. Award Time Period: 7/12/2023 to 7/12/2024. Submission Date: July 12, 2024. Announcement Date: August 2024. Versant Capital Management did not pay a fee to InvestmentNews for inclusion in its Women to Watch awards. A fee was not paid by either Versant Capital Management or its investment professionals to receive the award. The award is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Most Admired Companies
Az Business Magazine (Az Big Media)
Versant Capital Management — 2024

All selections are made solely by the editors of Az Business Magazine. No nomination or application was submitted by Versant Capital Management. Az Business Magazine is a monthly print and online publication that profiles Arizona businesspeople whom the publication determined are qualified for inclusion based on evaluation of industries including healthcare, real estate, construction, education, banking, financial services, manufacturing, technology, and law. Evaluation Period: 10/2/2023 to 10/2/2024. List Time Period: 10/2/2023 to 10/2/2024. Publication Date: October 2, 2024. A fee was not paid by either Versant Capital Management or its investment professionals to be on the list. The list is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Young Professionals Awards
Family Wealth Alliance
Kenneth Chavis IV, CFP® — 2024

 The Family Wealth Alliance Young Professionals Awards recognize professionals under age 40 who serve ultra-high-net-worth clients at established multifamily office firms. Nominees must be under age 40 as of January 1 of the award year and are nominated by a supervisor, mentor, client, or colleague. Winners are determined using equally weighted submitted criteria, averaged through a computerized scoring system rather than judges’ discretion. Evaluation Period: 1/1/2024 to 12/31/2024. Award Time Period: 1/1/2024 to 12/31/2024. Nomination Date: February 11, 2024. Announcement Date: May 24, 2024. A fee was not paid by either Versant Capital Management or its investment professionals to receive the award. The award is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Excellence in Banking: Wealth Managers of the Year
Az Business Magazine (Az Big Media)
Elizabeth Shabaker, CFP®, CDC — 2023

All selections were made solely by the editors of Az Business Magazine. No nomination or application was submitted by Versant Capital Management. Az Business Magazine is a monthly print and online publication that profiles Arizona businesspeople as determined by the publication across industries including healthcare, real estate, construction, education, banking, financial services, manufacturing, technology, and law. List Time Period: 12/12/2022 to 12/12/2023. Publication Date: December 12, 2023. A fee was not paid by either Versant Capital Management or its investment professionals to be on the list. The list is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

40 Under 40
InvestmentNews
Kenneth Chavis IV, CFP® — 2023

The InvestmentNews 40 Under 40 program recognizes individuals under the age of 40 who demonstrate leadership, character, community involvement, and innovation. Nominations were submitted through an online application and required supporting materials. Honorees were selected by the award sponsor based on submitted criteria and featured in the June/July 2023 issue of the publication. Evaluation Period: 1/1/2023 to 12/31/2023. Award Time Period: 1/1/2023 to 12/31/2023. Nomination Date: 3/2023. Announcement Date: June 5, 2023 in the June/July 2023 issue of the publication. A fee was not paid by either Versant Capital Management or its investment professionals to receive the award. The award is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Largest Phoenix-Area Investment Advisers
Phoenix Business Journal Book of Lists
Versant Capital Management — 2025

The Phoenix Business Journal surveys wealth management firms based on local assets under management for a time period from January 1 to December 31 of the previous year. To be eligible, a company must be independently owned and have a location within Maricopa County. Requested information also includes AUM, assets under discretionary management, the number of local licensed investment advisers, the number of offices in Maricopa County, the top local executive, and the year the firm was founded locally. Versant Capital Management has been ranked in the Phoenix Business Journal Book of Lists annually from 2017 to 2025. The ranking is released in May of the following year after submission. 2025 list: Evaluation Period: 1/1/2024 to 12/31/2024. List Time Period: 1/1/2024 to 12/31/2024. Submission: March 2025. Publication Released in May 2025. A fee was not paid by either Versant Capital Management or its investment professionals to be on the list. The list is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

AZ Big 100: 25 Women Business Leaders to Watch
Az Business Magazine (Az Big Media)
Elizabeth Shabaker, CFP®, CDC — 2023 – 2026

All selections are made solely by the editors of Az Business Magazine. No nominations or applications are submitted by Versant Capital Management. Az Business Magazine profiles Arizona businesspeople across sectors, including healthcare, real estate, construction, education, banking, financial services, manufacturing, technology, and law. 2023: List Time Period: 1/1/2022 to 11/30/2022. Publication Date: December 2022 issue of Arizona Business Magazine. 2024: List Time Period: 1/1/2023 to 11/30/2023. Publication Date: December 2023 issue of Arizona Business Magazine. 2025: List Time Period: 1/1/2024 to 11/30/2024. Publication date: December 2024 issue of Arizona Business Magazine. 2026: List Time Period: 1/1/2025 to 11/30/2025. Publication date: December 2025 issue of Arizona Business Magazine. A fee was not paid by either Versant Capital Management or its investment professionals to be on the list. The list is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Five Star Wealth Manager
Five Star Professional
Elizabeth Shabaker, CFP®, CDC — 2025

Nominees are identified by firm nomination, peer nomination, or pre-qualification based on criteria including years in industry, fiduciary status, and AUM, license status and disciplinary history, regulatory history (FINRA BrokerCheck, SEC IAPD, and firm Form ADV), client retention rate, non-institutional discretionary and/or non-discretionary client assets administered, and number of client households served for the period January 1 to December 31 of the previous year. Elizabeth Shabaker has been named a Five Star Wealth Manager annually from 2014 to 2025. 2025 Evaluation Period: 12/31/2024 to 7/1/2025. Award Time Period: 12/31/2024 to 7/1/2025. Submission: July 2025. Publication date: September 2025 issue of Phoenix Magazine. A fee was not paid by either Versant Capital Management or its investment professionals to be on the list. The list is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Catalyst Honoree
Invest in Others Charitable Foundation
Elizabeth Shabaker, CFP®, CDC — 2022

Nominees provide their contact information, the advisor’s information (FINRA/SEC CRD and broker-dealer/custodian), and nonprofit contact information (contact, email, tax ID). The advisor and nonprofit provide the advisor’s volunteer service record with the nonprofit with documentation, including a letter of recommendation and photos. Nominees must be currently working in the U.S. as registered representatives (e.g., Series 7) or registered investment advisors/financial planners with a professional designation (per FINRA’s list). Nominees must be active financial advisors, spending at least 75% of their time providing client consultation, and in this capacity for at least three years. Volunteer involvement with the nonprofit must be current and ongoing for at least three years. The Invest in Others Charitable Foundation handles all phases of the awards process. An unbiased third party reviews all completed applications. Judging criteria include time and years of involvement, personal giving to the nonprofit and funds raised for the nonprofit, founding and leadership roles and impact on sustainability, ability to motivate others, and impact on the nonprofit and community. Advisor award finalists and recipients receive a grant to their designated charities; Honorable Mentions (Elizabeth Shabaker) in all categories received $2,000, paid directly to the nonprofit the honoree supported. Evaluation Period: 4/22/2021 to 4/22/2022. Award Time Period: 4/22/2021 to 4/22/2022. Submission date: April 22, 2022. Announcement Date: September 29, 2022. A fee was not paid by either Versant Capital Management or its investment professionals to receive the award. The award is based upon specific criteria and methodology. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Versant Capital Management or its investment professionals are engaged, or continue to be engaged, to provide investment advisory services. No ranking or recognition should be construed as an endorsement by any past or current client of Versant Capital Management or its investment professionals.

 

Rankings & Recognition Disclosure

Neither rankings nor recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that the client will experience a certain level of results if the investment professional or the investment professional’s firm is engaged, or continues to be engaged, to provide investment advisory services. Rankings are based on specific criteria and methodology determined by the awarding publication or organization. No ranking or recognition should be construed as an endorsement by any past or current client of the investment professional or Versant Capital Management, Inc.

Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Versant Capital Management, Inc. is engaged or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Versant Capital Management, Inc. by any of its clients.  Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser.

Third-party rankings and recognition from rating services or publications are no guarantee of future investment success. Working with an advisor does not ensure that a client or prospective client will experience a higher level of performance. These ratings should not be construed as an endorsement of the advisor by any client. Investment performance is not an explicit criterion because clients’ investment goals differ. This recognition does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Portfolio performance is not a criterion due to varying client objectives and a lack of audited data. Neither Versant Capital Management, Inc. nor its employees pay a fee for inclusion in rankings.