Spence Whitman | Private Wealth Management | Stephens | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Our People

Spence Whitman

Managing Director

(704) 442-5036 Send a message
Spence Whitman

Philosophy & Approach

As an experienced advisor, Spence brings a long-term, institutional-level process to working with clients to help them achieve their financial objectives. Recognized for his enduring client relationships, Spence provides bespoke financial advice to his clients. As a highly engaged advisor, he believes that clear client communication is key, especially during complex market cycles. “I take the personal goals of my clients very seriously, whether it is charitable giving, growing and sustaining a business or generational wealth transfer. Prioritizing their financial objectives allows them to realize these life goals and I take great pride in my part of the process,” he says.

Spence and his team, John Black and Wynton Blount, provide investment management to high-net-worth families and businesses. Cindy Burger, his registered client associate, has worked with Spence since 2001 and in the business for more than 26 years. Cindy helps provide all of the day-to-day administrative support.

Experience & Education

Spence started in the industry in 1991 and joined Stephens as a Senior Vice President in 2006. He has since received the Stephens Leadership Circle award every year since 2007 in recognition of excellence in wealth management.

Spence received a Bachelor of Arts in Political Science from the University of North Carolina at Chapel Hill in 1990.


Spence is an active member of his community. He is a current member of The UNC Endowment, Foundation and Chapel Hill Investment Funds Board.

He and his wife, Leslie, have three children, Byers, Lilly, and Spence, Jr.