Phoebe Venable, President and COO of CapWealth, Among Elite Female Advisors Across the U.S. Serving Retail and High-Net-Worth Clients
Middle Tennessee-based financial advisor Phoebe Venable, president and chief operating officer of CapWealth, has been named one of the top 100 women financial advisors in the U.S. by the Financial Times newspaper (the article appears here and the list here), the only advisor in the state of Tennessee to be so honored.
The international business and economic news publication annually publishes the list to showcase the best female professionals in the industry. According to the Financial Times, its selection process rewards attributes that “affluent/wealthy investors care about (or should care about).” All candidates must have at least 10 years of experience and $200 million or more in assets under management, and they are also graded on asset growth, industry certification, compliance record and online accessibility. The average “FT 100” advisor manages over $800 million in assets. The Financial Times will announce the 100 honorees at an event at the New York Yacht Club in Manhattan, on Wednesday, November 19.
“It’s certainly an honor to make this highly distinguished list, but I truly consider it a tribute to the experience, acumen and approach of our entire firm,” Venable said. “CapWealth’ joint success at helping our clients manage global uncertainty and achieve their financial goals is essential to my success. So I feel some personal pride, but I also feel pride for our entire team and our clients. We’re all partners in this endeavor.”
A veteran of the financial services industry, Venable began her career in 1987 with SunTrust Bank in Chattanooga, later joining a private trust company in Florida to manage a large-cap value investment strategy for their clients. In 1998, she returned to SunTrust as a portfolio manager for ultra-high-net-worth families in central Florida, eventually coming to Nashville to join the bank’s local senior leadership team as managing director of the private wealth management division. In 2009, she was asked to launch the Nashville office of GenSpring Family Offices, a multi-family office owned by SunTrust that serves super-affluent families. She joined CapWealth in 2010, where she manages the day-to-day operations of the firm and continues to personally advise clients and families. She was instrumental in the firm’s 2013 launch of a sister firm—CapWealth Insights—which simplifies the investment data-gathering and reporting complexities of the ultra-wealthy, their foundations and their private trust companies.
Venable earned her BS in Mathematics and MBA in Finance and Economics at Murray State University in Kentucky. She holds the designation of Chartered Financial Analyst® (CFA®) as well as certifications from both the National Graduate Trust School at Northwestern University and the Regional Trust School at Samford University. Venable is a member of the Nashville Society of Financial Analysts.
The Nashville Post named Venable to their “In Charge” list of top banking and finance professionals in both 2013 and 2014. The Nashville Business Journal selected her as a finalist for the Women of Influence 2012 awards in the Inspiration & Mentor category. She is frequently asked to speak on financial topics such as women and wealth, next-generation education, behavioral finance and investing. A columnist for The Tennessean, Venable writes a weekly financial column on women, families and building wealth. The column appears each Saturday in the business section of the newspaper.