Richard T. Holderness, CFA

President

A native of Greensboro, Richard is a seasoned investment professional with over 37 years of experience. He graduated Phi Beta Kappa with a BA in History from the University of North Carolina at Chapel Hill, where he also earned his MBA in Finance. Richard has been awarded the Chartered Financial Analyst (CFA) and Fellow Life Management Institute (FLMI) designations, both of which require dedication to a rigorous self study exam regimen.

Richard began his career in Raleigh in 1974 with the finance department of Durham Life Insurance Co. He held the positions of Assistant Vice President, Member of the Finance Committee, and Vice President in charge of the Securities Department. He was directly responsible for managing a stock and bond portfolio in excess of $300,000,000. In 1982, Richard returned to Greensboro, and along with two partners, formed North Carolina Trust Company in order to manage investments for individuals and corporations as well as provide general trust and financial consulting services. At NC Trust, Richard served as President and Chief Investment Officer. In 1987, Richard co-founded the Registered Investment Advisory firm Trent Capital Management, Inc. also in Greensboro, NC. At Trent, Richard served as President and a member of the Board of Directors from the organization’s inception until August 1995 when he left to fulfill his desire to start his own firm, Holderness Investments Company. At Holderness, Richard is President and Chief Portfolio Manager and enjoys managing assets for an array of account types including high net worth individuals, corporations, and charitable organizations.

Richard has a long history of community service. For several years, Richard has served as a member of the UNC Chapel Hill Medical Foundation, and the UNC Greensboro Investment Fund committees. Those committees govern how the university endowment funds are allocated and invested. Richard has also served on the UNC Greensboro Board of Visitors. Richard is an avid tennis player and currently serves as Treasurer and Member of the Board of Directors for the North Carolina Tennis Foundation. He has been actively involved with the work of the Foundation for over 20 years.

Richard and his wife Julie make their home in Greensboro where they enjoy time with their six children and a host of grandchildren. They also enjoy spending time at the NC Coast.

richard