Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
DALLAS, April 04, 2017 -- McElhenny Sheffield Capital Management (MSCM) is pleased to announce the execution of a Succession Plan Agreement with Resource Wealth Management as part of Resource Wealth’s continuing commitment to clients regarding the sustainability and longevity of executing client investment objectives. This Succession Plan assures that all portfolio management and financial plans for Resource Wealth clients will remain intact for future generations.
Jesse Hauptrief, Resource Wealth’s CEO, said, “After several attempts to locate the right person or team to partner with, I met with the team at McElhenny Sheffield. We both did our research and determined that it was a good fit. I was looking for the right mix of team and services. I am pleased to know that the clients of Resource Wealth Management will be in good hands, both now and in the future if, or when, I am unable to continue in the business.”
Bruce Fraser, McElhenny Sheffield’s Managing Partner, said “We are very happy to enter into this succession plan partnership with Resource Wealth. Jesse has taken great care of his clients over the years and we are honored to be chosen to be his succession partner.”
McElhenny Sheffield Capital Management was founded in 2000 to manage a hedge fund with an options-based absolute return strategy that was designed to deliver consistent returns while minimizing downside risks for clients. Today, MSCM serves a growing group of clients with liquid assets totaling approximately a quarter of a billion USDs. McElhenny Sheffield's team of MBAs, investment advisors, Certified Financial PlannersTM and Chartered Financial Analysts® is committed to providing sound and unbiased advice to help clients optimize their complete financial picture with coordinated estate, investment and tax strategy.
Succession Planning is an essential component of conducting business. Even a strong business needs to have a succession plan in place. A well thought out plan will ensure that clients are working with an enduring enterprise and will continue to be taken care of should something happen to their advisor. MSCM is well positioned to become a succession partner for such investment advisors.
For complete information, please visit: McElhenny Sheffield Capital Management
Media Contact: McElhenny Sheffield Capital Management, LLC Attn: Media Relations 4311 W. Lovers Lane, Suite 101 Dallas, TX 75209 214.922.9200 x226 [email protected]
