Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy 
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident 
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs 
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma 
SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand 
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
PLS Reports Record Lithium Output as EV Demand Fuels Market Growth 
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast 
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
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]
