Capital gains vs. investment income: How they differ
Capital gains and investment income are taxed differently. Here’s how.
4 min read
Mar 25, 2024
Kenneth Chavis IV
Senior wealth advisor at Versant Capital Management
Kenneth Chavis IV is a Senior Wealth Advisor at Versant Capital Management, a $900 million wealth management firm founded in Phoenix, AZ. Versant provides investment management, wealth strategy, financial planning, and tax advice to business owners, wealthy families, and women experiencing life transitions. Versant's advisors serve clients as fee-only fiduciaries, with an emphasis on growing and preserving multi-generational wealth.
Kenneth's career in the wealth management industry spans nearly a decade. In prior roles he served business owners and entertainers as a Senior Wealth Manager at LourdMurray and previously served executives, business owners and medical doctors as a Financial Advisor at Empirical Wealth Management.
Kenneth's experience includes providing advanced financial planning, retirement planning, tax planning and investment management to equity-compensated executives, business owners and engineers with stock compensation at many Fortune 100 companies on the West Coast, including Intel, Microsoft, Nike, Alphabet (formerly Google), Apple and Amazon.
Kenneth has received multiple industry awards and recognition, including the InvestmentNews 40 under 40 in 2023, the Investopedia Top 100 Financial Advisor in 2022 and 50 Under 50 by the Association of African-American Financial Advisors in 2021 and 2020, recognizing the most outstanding and influential Black and African American financial professionals in the country.
Kenneth has been interviewed on national television on the topics of personal finance, investing and the economy. He has also been quoted in financial media publications including Wall Street Journal, CNBC, Business Insider, TIME, Nasdaq, MarketWatch, NerdWallet, Bankrate and MoneyGeek.
Kenneth is a CERTIFIED FINANCIAL PLANNER™ professional, holds a Certificate in Financial Planning from Boston University and earned a Bachelor of Science in Business Economics from Hawaii Pacific University, where he graduated summa cum laude.
Kenneth is a member of the Financial Planning Association of Greater Phoenix and an advisory member of the Association of African American Financial Advisors.
Connect with Kenneth on LinkedIn and follow him on Instagram at @good4yourmoney.
Kenneth's latest articles
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Wash-sale rule: What to avoid when selling your losing investments
Here’s what a wash sale is and how to easily avoid it while securing your tax write-off.
6 min read Mar 22, 2024 -
Day trading: What it is and how to get started
Learn what the term means and the difference between casual day trading and pattern day traders.
5 min read Mar 21, 2024 -
Will I owe taxes on a closed retirement account?
Here’s how to determine whether you’ll owe taxes if you close a retirement account.
5 min read Mar 21, 2024 -
How to sell a house by owner in Illinois
You can sell without a real estate agent in Illinois, but it’s a lot of work.
5 min read Mar 14, 2024 -
‘Cash to close’: What it means and how it works
Cash to close is literally the amount of cash you’ll need to close on your home purchase.
3 min read Mar 07, 2024 -
Are condos a good investment?
They can be! But before you begin your search, be sure to have clear goals and crunch the numbers.
5 min read Feb 27, 2024 -
What is transfer on death (TOD) for estate planning?
Probate is time-consuming and costly, but a TOD account helps your heirs avoid the process.
5 min read Feb 14, 2024