Tennessee-based SageSpring drafts NFL veteran Winston Justice as private wealth CEO

Tennessee-based SageSpring drafts NFL veteran Winston Justice as private wealth CEO
Winston Justice, CEO of SageSpring Private Wealth.
The former offensive lineman for the Philadelphia Eagles is taking charge of the $5.5 billion RIA's strategic growth initiatives.
DEC 13, 2024

Independent RIA SageSpring Wealth Partners has selected a former pro football player to lead the next phase of growth for its private wealth business.

The Franklin, Tennessee-based firm announced that it has appointed Winston Justice, a former NFL offensive lineman turned financial professional, as chief executive officer of its Private Wealth division.

Justice, who's stepping into the CEO role effective immediately, will oversee strategic growth initiatives for SageSpring Private Wealth, including the expansion of its advisory services, the development of alternative investment offerings, and the establishment of multi-family office and institutional business verticals.

“Winston’s diverse background in professional sports, entrepreneurship, and wealth management makes him the ideal leader to drive SageSpring’s next phase of growth,” Sagespring President and founder Jeff Dobyns, to whom Justice will report directly, said in a statement Tuesday.

“His innovative approach and deep understanding of client needs will be instrumental in expanding our services and market presence,” Dobyns said.

Before joining SageSpring, Justice served as a vice president at AllianceBernstein in Nashville, where he managed portfolios for multigenerational family offices, entrepreneurs, and nonprofits. He also held roles at Wells Fargo Securities and PIA’s Alternative Investments Group.

His previous life at the NFL began when he was picked by the Philadelphia Eagles in the second round of the 2006 draft. He went on to play for the Indianapolis Colts and the Denver Broncos.

During his NFL career, he co-founded Elixr Coffee, a specialty coffee company based in Philadelphia. He later partnered with former NBA player Jamal Mashburn to launch a venture capital fund focused on healthcare and education sectors.

“I’m honored to join SageSpring and lead the Private Wealth business for the firm,” Justice said. “Our focus will be on enhancing our advisory platform, developing specialized investment solutions, and expanding our reach to better serve our clients’ evolving needs.”

Founded in 2002, SageSpring Wealth Partners manages $5.5 billion in assets, according to its most recent form ADV. The firm employs 173 professionals, including 44 advisor teams, across nine offices in five states.

Latest News

Carson Group adds $236 million California team in latest deal
Carson Group adds $236 million California team in latest deal

Omaha-based RIA expands Northern California footprint with Roseville acquisition amid record annual pace for wealth management M&A.

Envestnet expands tax-management push with Vanguard alliance
Envestnet expands tax-management push with Vanguard alliance

Advisor's Alpha framework joins Envestnet's platform, giving advisors new tools to manage client tax exposure year-round.

Russell Investments to be acquired by B Capital-led investor group
Russell Investments to be acquired by B Capital-led investor group

B Capital and pension giant CalPERS lead a consortium buying the 90-year-old asset manager from TA Associates and Reverence Capital Partners.

AI use reshapes advisor satisfaction and deepens client trust, separate studies reveal
AI use reshapes advisor satisfaction and deepens client trust, separate studies reveal

Using artificial intelligence can have benefits for both advisors and their clients, according to new research.

Names of more B-Ds that sold deals of bankrupt Inspired Healthcare surface
Names of more B-Ds that sold deals of bankrupt Inspired Healthcare surface

Broker-dealers that sold the defunct securities backed by Inspired Healthcare generated more than $100 million in fees and commissions.

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.