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Corporate Founders

Wayne C. Berry, CFA

The first of three founders of the company, with over 40 years in the investment business, received his B.A. in Economics from Whitman College (1964) and his M.B.A. from the College of William and Mary (1971). He is a Chartered Financial Analyst (CFA), has taught statistics and finance at Old Dominion University and has been a guest lecturer in finance at the College of William and Mary. He was a member of the jury for investment papers for a graduate course in investments at the Darden School of the University of Virginia and has been a speaker at the F.A.F. Micro Computer Conference and Salomon Brothers Stockfacts Conference.

Prior to his forming Virginia Capital, he was Executive Vice President of Salter-Berry Investment Counsel. He was a principal at Delta Financial, Inc. where he was responsible for quantitative research in equities and financial futures portfolio management. Prior to that, he was a Senior Vice President of Virginia National Bank; he headed the Trust Department Fixed Income Unit handling over $500 million in fixed income management.

Rudolph Masters, Jr.

The second principal in the firm was a licensed stockbroker and insurance agent for over 20 years and with Virginia Capital Management Group for over 20 years. He received his B.A. from Old Dominion College (1964). After working three years as an innkeeper for Holiday Inns, he entered the insurance field as an agent. In 1975 he entered management as the Equity Sales Supervisor. He has received numerous industry and company awards. He has completed part of his course work towards a Certified Financial Planner designation. He sat on the Norfolk Parks and Recreation Advisory Board and is a past member of the Juvenile and Domestic Relations Court Advisory Board.

Gene A. Woolard

Gene is no longer with Virginia Capital Management Group, Inc.

The third principal was a practicing attorney with a law degree from Washington and Lee University School of Law (1971). He was born in Norfolk and after graduating from Granby High, he received his B.A. from Old Dominion University. He spent six years as Assistant and later Deputy Commonwealth's Attorney for Norfolk, Virginia. During that time, he graduated from the National College of District Attorneys in Houston, Texas. After leaving the prosecutor's office, he practiced law with several firms before establishing his own firm.

He is now a Circuit Court Judge in the City of Virginia Beach, Virginia and is no longer active at Virginia Capital Management.


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