$400M-AUM Practice in Northern Virginia Completes Transition to EverSource
Contact: Ed Hart, Director of Marketing and Business Development, ehart@eversourcewa.com
The nine-member team of Clarion Wealth Management Partners in Fairfax, Virginia, has finalized its onboarding to the EverSource Wealth Advisors® platform as an EverSource team. Led by Founder and President David W. Young, III, CEP®, RFP®, AIF®, Clarion serves more than 400 households with nearly $400M in assets under management.
An RIA platform for independent advisors, EverSource offers a distinctive culture and business model. Advisors affiliated with EverSource are part of a like-minded community and have access to institutional-quality technologies, investment solutions, and planning resources designed to fuel growth and enable greater values-integration in their business.
Young has been in the advisory business for 30 years. He opened his office in Fairfax in 2004 and began using the Clarion name five years later. He has been affiliated with leading financial networks throughout his career and has been nationally recognized as a top advisor, mentor, and trainer of other advisors.
As Young describes his career journey, he also looks ahead, saying, “I have seen and experienced many changes over the years. While the world and our industry have changed and investment services and products have evolved, my focus on partnering with one client at a time remains steadfast.”
About the move to EverSource, Young says, “Clarion clients will have a better online experience and an expanded number of investment options, some of which can be values-aligned, with enhanced investment details at their fingertips.” EverSource provides Clarion with regulatory oversight and compliance, investment research support, and a customized, user-friendly technology platform.
The Clarion Wealth Management Partners team includes four advisors in addition to Young, along with a complete client support staff.
Clarion will continue, Young says, to deliver guidance to clients in all aspects of their financial lives including estate, tax, and protection planning as well as investment management. “As a fiduciary firm,” he emphasizes, “We are well positioned and dedicate ourselves to the next chapter.”
Launched in 2017, EverSource now serves 60+ advisors in 15 states, with a total of $3.75B+ in assets under management. EverSource provides advisors with proprietary technology, regulatory compliance, and investment oversight, with leading national firms serving as custodians for client assets.