We started our firm in 2009 to establish a stable platform to build a practice focused on relationships and integrity. We chose to open an independent firm to help mitigate conflicts of interest, but we also desired the size and offerings of a national firm to provide services for our approximately 200 clients in 16 states and 3 foreign countries. We selected Raymond James Financial Services as our broker/dealer because of their culture of service, reputation for integrity and breadth of resources. We are organized as a limited liability corporation with the Virginia State Corporation Commission and our staff consists of registered representatives. We hold licenses to offer life and health insurance in Virginia.
Rick Overy, originally from Colorado, graduated from the College of William and Mary Business School with a BBA in Finance. He served in the White House and then at William and Mary as Associate Dean of the School of Law.
He joined Legg Mason in 1997 and moved with Legg Mason’s financial advisors to Smith Barney in 2006. While at Smith Barney, he earned the distinctions of Vice President of Wealth Management and Retirement Plan Specialist. In 2009, Rick co-founded Compass Wealth Strategies where he leads portfolio construction & investment strategy.
In the community, he has served the Williamsburg Area Chamber of Commerce Board of Directors, the Kiwanis Club of Williamsburg Board of Directors, the William and Mary President’s Council, and the Walsingham Academy Board of Trustees. He has performed as a charity auctioneer for the YMCA, March of Dimes, and Virginia Symphony. Rick and his wife Lara live in Williamsburg with their three children and attend the Williamsburg Community Chapel.
Stuart Honenberger is from Orange, Virginia, and graduated from the College of Williamand Mary where he studied Economics & Religion.
He and Rick formed their teamat Legg Mason in 2005. Stuart spent four years with Legg Mason and Smith Barneybefore co-founding Compass Wealth Strategies. As a CERTIFIED FINANCIAL PLANNER™,his focus & specialty is the creation and monitoring of the personal WealthNavigation Plans which we create for our clients.
Stuart, his wife Elizabeth, and their two daughters, Alice Louise & Shirley, live in the City of Williamsburg. He is a active in his church (Incarnation Church), Williamsburg Symphonia League and the William and Mary Quarterback Club. He presently serveson the boards of An Occasion for the Arts, The Williamsburg Symphonia & the William and Mary Order of the White Jacket.
Cheryl Warren, a native of the San Francisco Bay Area, joined Compass Wealth Strategies in 2010. For 12 years, she was the Executive Assistant to the CEO for a prominent asset management firm in Greenwich, CT, and oversaw office operations for three U.S. offices and four international offices.
As a member of Compass Wealth Strategies, Cheryl focuses on client service and communication where she leads our efforts to make every client’s experience exceptional. Cheryl’s experience in operational and administrative tasks allows our financial advisors to spend more time helping you.
Cheryl and her husband Brad live in Williamsburg where they are avid cyclists. They have completed the MS150 Ride to benefit Multiple Sclerosis multiple times. She is a volunteer at Dream Catchers, where she has co-chaired their Bridles & Bowties auction. She runs her own baking business, Vanilla Home Bake Shop, specializing in delicious cookies and desserts.
Dianne joined the Compass team in the Spring of 2013. Most recently, she was the online Graphic Editor and Assistant to the Publisher with a local publishing company. She has also served as Independent Consultant and District Manager for Arbonne International, focused on sales and marketing, and worked at Williamsburg Christian Academy.
Dianne has been known for outstanding client service in a number of administrative roles. She brings her acquired skills to support and enhance the mission of Compass Wealth Strategies and wants to develop lasting and meaningful relationships with our clients.
She grew up in Newport News, married her husband Billy, and raised four children in Williamsburg. One of her sons is in the Nashville based band, Paper Route, which tours globally. She has three wonderful grandchildren. Her greatest passion is spending time with her family.
In 1962, Bob James set out to build a different kind of financial services firm – one that put people, planning and principles first. And now, more than 50 years later, Bob's different kind of firm is one of the leading independent financial services companies in the United States.
Raymond James has grown to become a well-respected, widely recognized multinational firm with distinct business units that serve a variety of clients, from individuals and small business owners to municipalities and major corporations.
October 19, 1987: Black Monday. While other firms closed their trading desks to minimize internal losses, Raymond James kept its desks open to meet clients’ needs. Because of Raymond James’ agency-based business model and commitment to client service, this was our first, last and only unprofitable quarter since the firm went public.
We can be sure the markets will change over the next 25 years, and that our industry and firm will continue to evolve. What won’t change is our commitment to the values that have driven our success.
By the numbers*
- Approximately 6,800 financial advisors
- More than 2.8 million client accounts
- Over 2,800 locations throughout the United States, Canada and overseas
- Approximately $535 billion in total client assets
- 21% total capital ratio – over 2x regulatory requirement
- BBB, positive outlook credit rating (S&P)
It’s been our privilege for more than 50 years to support the goals of our clients and to give back to the communities in which we live and work – and we look forward to continuing to do so for many, many years to come. To take a “scroll” down memory lane, explore our history at RAYMONDJAMES.COM.
*As of 6/30/2016