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.
In 2016, because we have increased the services we offer, the number of families we serve and the size of our team, we implemented a new approach to individual client service. In response to this extraordinary growth, we have created two distinct client service teams headed by Rick Overy and Stuart Honenberger. This important change allows each service team to more effectively and efficiently provide enhanced information, feedback and advice.
Rick Overy’s Service Team:
Stuart Honenberger’s Service Team:
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.
Rick 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, Rick currently serves as an appointed member of the Williamsburg Economic Development Authority, on the Foundation Board for the Williamsburg Regional Library, and has served the Williamsburg Area Chamber of Commerce Board of Directors, the Kiwanis Club of Williamsburg Board of Directors, the German Club and the Walsingham Academy Board of Trustees. Rick is a lifetime member of William and Mary President’s Council and has performed as a charity auctioneer for the YMCA, Literacy for Life, CDR, Williamsburg Co-Op, Latisha’s House, Hospice House, Bacon Street, Fear to Freedom, March of Dimes, James River Association, the Choral Guild, Beyond Boobs, Williamsburg Montessori School and Virginia Symphony. Rick and his wife Lara live in Williamsburg with their three children and attend the Williamsburg Community Chapel.
Stuart Honenberger, a lifelong Virginian is from Orange, attended high school in Charlottesville and moved to Williamsburg in 2002. He is a graduate of The College of William & Mary where he focused on Religious Studies and Economics.
He began working at Legg Mason in 2005. Stuart spent four years with Legg Mason and Smith Barney before co-founding Compass Wealth Strategies. As a CERTIFIED FINANCIAL PLANNER™, his focus & specialty is on the creation and monitoring of the personal Wealth Navigation Plans for clients.
Stuart, his wife Elizabeth, and their two daughters, Alice Louise & Shirley, live in the City of Williamsburg. He is active in his church and loves attending sporting and cultural events at William & May. Stuart's enthusiasm for the local community is highlighted by his board involvement. He is the president of the board for An Occasion for the Arts and also serves on the boards of The Williamsburg Symphony Orchestra & Order of the White Jacket (a W&M alumni scholarship organization).
Holly Remsing is from Chesapeake, Virginia and graduated from Virginia Tech with a degree of Finance as part of the CFP® Education Track, A CFP® Board-Registered Program. While in school, Holly was an active member in the student chapter of the Financial Planning Association and attended the Schwab national conference. In addition to her FPA activities, she co-authored the 2016 Governor’s Challenge in Economics and Personal Finance Case Study with her classmates.
Holly joins Compass Wealth Strategies after having a variety of internships within the financial planning profession. She worked as a summer intern at Omega Wealth Management in Arlington, Virginia and also interned at Financial Security Advisory, located in Virginia Beach, Virginia.
She currently lives in Williamsburg where she is a member of the Virginia Tech Alumni Association. She passed her Series 7 in May, the Series 66 in September, and is currently working towards earning the CFP® mark. When Holly is not busy studying, she enjoys arts and crafts, travelling, & spending time with her family.
Prior to joining Compass Wealth Strategies, Lara served as Director of Development for Thomas Nelson Community College where she led the Development Team in securing public, private, corporate, and foundation funding. Lara also served as Executive Director of the Educational Foundation and Director of Development at Tidewater Community College.
Lara graduated magna cum laude from Thomas Nelson Community College and went on to receive her Bachelor of Arts Degree from The College of William and Mary, where she was a recipient of the Benjamin Stoddert Ewell Award for Public Service. In 2014, Lara entered William and Mary’s Mason School of Business MBA program.
With nearly two decades of service in philanthropic community organizations, Lara currently serves on the boards of the Girl Scout Council of Colonial Coast, CASA, Young Life and the Lynchburg Parents Council. Lara also served as President of the VSSGW and on the boards of the Virginia Symphony Orchestra Board and the Greater Williamsburg Chamber and Tourism Alliance. In addition to supporting the fundraising efforts of a broad spectrum of non-profit and community groups, Lara is a graduate of the 2015 Lead Peninsula program, a member of the DAR, a graduate of the James City County Citizen Leadership Academy, served as a Citizen Representative on the Regional Issues Committee and served many years on the board of Inclusion Inc., a Williamsburg non-profit benefiting children.
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 volunteers at Dream Catchers for their annual fundraiser Bridles and Bow Ties. Cheryl currently teaches group exercise classes at R. F Wilkinson Family YMCA in Williamsburg, loves baking and spending time with her husband and little beagle "Juju".
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