Chad F. Edmonson Acquires Majority Share of Lee-Way Financial

To coincide with this next step in the company’s succession plan, we honor Chip Edmonson’s career with a donation to support several causes and community organizations

 

Hattiesburg, MS – July 14, 2017 – Lee-Way Financial announced today that Chad F. Edmonson, CFA, acquired a majority share of the company from Chip Edmonson. This marks the next stage of a succession plan put in place when Chad joined the firm in 2015. 

“Thank you to our clients, both new and long-standing, who have supported us during this process – your help has been tremendous and humbling,” said Chip Edmonson. 

“Dad will be here for work bright and early on Monday,” said Chad Edmonson.  “But we can all agree, he has definitely earned a little more time with the grandchildren and in a hunting stand going forward after fifty-one years of tirelessly helping our clients.”

In recognition of Chip’s dedication and the support the company has received, today we are also announcing a $51,000 donation to support causes important to Chip and Lee-Way Financial’s clients – the donation amount totals $1,000 in honor of every year of Chip Edmonson’s career so far. Several recipients are listed below:

Abbie Rogers Civitan Camp

Breadbasket Ministry

Camellia Ministries

DuBard School for Language Disorders

Episcopal Church of the Ascension (Hattiesburg, MS)

Hattiesburg High School

Homes of Hope

Mississippi School for Math and Science Foundation

Mississippi Wildlife, Fisheries and Parks Foundation, Inc.

Peter’s Place

Philadelphia VIP

Saint Fabian Church (Hattiesburg, MS)

Southern Pines Animal Shelter

United Way of Southeast Mississippi

University of Southern Mississippi

Westminster Presbyterian Church (Hattiesburg, MS)

Women for Women

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About Lee-Way Financial

Lee-Way Financial is an investment management firm based in Hattiesburg, MS.  We help manage the wealth of approximately 60 families located in nearly a dozen states via separately managed portfolios invested in publicly traded securities.  For more information, please visit http://www.leewayfinancial.com/about/