A Letter From Benton Bragg About the Firm’s Future

Greetings,

I’m writing to share some exciting news about Bragg Financial Advisors. Our ownership group and our leadership team have made several decisions that we are confident will strengthen our firm and ensure that we remain a valuable partner to you for many years to come.

First, our family has decided that Bragg Financial will remain independent. At a time when many wealth management firms have merged, sold, or taken on outside investors, we’ve decided the best path forward for our clients, our employees, and our shareholders is to remain independent. This decision keeps our interests aligned with yours, preserves our conflict-free focus on client relationships, and avoids the distraction and pressure from outside investors to maximize short-term earnings.

Second, we have promoted leadership internally. While I will continue as Chief Executive Officer, I’m pleased to announce that Evan Anderson has been promoted to President of Bragg Financial. Our Chief Operating Officer, Jen Muckley, will continue in her role and will take on additional management responsibilities. Marc Scavo has been promoted to Director of Advice; he will lead our team of advisors. Rounding out our leadership team are:

• Ben Rose, Director of Portfolio Management
• Heather Pitman, Director of Client Service
• George Climer, Chief Marketing Officer
• Debbie Taylor, Director of Client Experience

Principals John Bragg and Phillips Bragg will continue their direct work with clients, and Steve Scruggs will remain Portfolio Manager for the FPA Queens Road Funds. You already know most of these individuals—each is experienced, capable and hardworking. Most importantly, each is committed to the values that have guided our firm for more than six decades. Bragg Financial is in very capable hands.

With humility and with gratitude we celebrate more than 60 years of serving our clients and our community. Today, Bragg Financial employs 35 people and advises over 500 families on $4.5 billion in assets. As we look to the future, we remain ever mindful of your high standards and the trust you place in us. We are committed to honoring that trust and to pursuing excellence in every aspect of our work. True to our mission statement, we will provide well-informed, objective advice; straightforward, transparent portfolio management; and exceptional service. In support of these objectives, we’re making significant investments in our people, in our research capabilities, and in our technology. We are prepared for the future.

I am delighted to share this news with you and hope you will let me know if you have questions. We greatly value our relationship with you, and we look forward to serving you in the years to come. Thank you for your confidence and trust in our firm.

Sincerely,

Benton Bragg, CFP®, CFA
Chief Executive Officer
Bragg Financial Advisors, Inc.

Bragg Financial Leadership Team