About Us
FaithShares began as a working concept in April 2008. Garrett Stevens had witnessed
the rejection of multi-million dollar accounts by money managers who discarded the
concept of faith-based investing – avoiding objectionable industries and investing
according to their client’s particular denominational beliefs. Likewise, while advising
his institutional and individual clients, his business partner, Mr. Thompson Phillips,
Jr., had also seen first-hand the unique challenge of merging fiscal responsibility
with faith.
Seeing a relevant opportunity in the current marketplace, the two began to develop
the idea of using Exchange Traded Funds as an investment vehicle specifically for
this initiative – a new vehicle to allow the estimated 150 million Christians in
the United States the opportunity to Invest with Conviction.
As a result of their collective enterprise, five funds have been established to
trade on the New York Stock Exchange Arca. These funds represent the largest denominations
within the Christian demographic:
- FaithShares Baptist Values Fund (FZB)
- FaithShares Catholic Values Fund (FCV)
- FaithShares Christian Values Fund (FOC)
- FaithShares Lutheran Values Fund (FKL)
- FaithShares Methodist Values Fund (FMV)
As written in our prospectus, FaithShares Advisors will donate 10 percent of our
net income to charities supported by the denominations of which the funds represent.
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Thompson S. Phillips, Jr.
Thompson S. Phillips, Jr. is the president of FaithShares and the founder of T.S.
Phillips Investments, Inc. He is a Registered Securities Principal, Registered Options
Principal, Registered Municipals Principal, Investment Advisor Representative and
a Certified Investment Management Consultant. He is a past president of the Oklahoma
Securities Industry Association and has served as a securities arbitrator for both
the New York Stock Exchange and the National Association of Securities Dealers.
Mr. Phillips brings over 30 years of expertise to the FaithShares endeavor.
J. Garrett Stevens
J. Garrett Stevens is the Chief Executive Officer of FaithShares, where he oversees
and is actively involved in the firm’s daily operations. Prior to starting FaithShares
in 2009, he was a vice president at T.S. Phillips Investments, Inc., where he served
as a broker and investment advisor since 2000.
Mr. Stevens holds a Bachelor's degree in Finance from Oklahoma State University
and is Series 7, 24 and 66 registered.
FaithShares Advisors, LLC, the Fund's advisor, has committed to donating 10% of
the net income derived from each Fund back to a ministry or charity supported by
that Fund's denomination.