New Office

Virginia-Based MFO Expands With New Office

Harriet Davies Editor - Family Wealth Report 27 November 2012

Virginia-Based MFO Expands With New Office

Virginia’s Signature, a multi-family office, is expanding with an office in the Shockoe Slip district of Richmond.

Virginia’s Signature, a multi-family office, is expanding with an office in the Shockoe Slip district of Richmond.

The office is the firm’s third, building on its presence in Norfolk and Charlottesville. Chris Rusbuldt, a principal of the firm who joined earlier this year, will lead the expansion. He has previously worked at Bank of America, Wheat First Butcher Singer, BB&T Capital Markets and Davenport & Co.

Signature was founded in 1994 and opened its Charlottesville location in 2007. It has around $2.5 billion in client assets, up from $2 billion in 2010, and with many entrepreneurs among its client base.

“We are growing tactically and making sure to enter markets where there is a need and desire for the services of a multi-family office,” said Randy Webb, chief executive. “As we expand, it has been essential for us to bring on professionals who fit with our company culture, philosophies and client service standards.”

To view a Family Wealth Report interview with Webb on the firm's strategy of working with first-generation wealth click here.

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