The Founders

Sanjay Varshney, PhD, CFA®
Principal and Founder

Dr. Varshney has experience in the investments industry for over three decades. Prior to founding Goldenstone, he was a senior wealth management executive for several years at Wells Fargo Private Bank, serving as a Senior Vice President and a Senior Investment Strategist for California and Nevada, providing leadership and investment strategy for over $200 billion in assets. He has also served as Vice President for Economic and Regional Partnerships, Dean of the College of Business Administration at Sacramento State for 10 years, Professor of Finance at University of San Francisco, Dean of the Business School at State University of New York in Utica, Owner and Founder of a Registered Investment Advisory firm in Syracuse, and consultant at other firms including Arthur Andersen. Dr. Varshney is also a Professor of Finance at Sacramento State, regularly produces local economic forecasts in the Greater Sacramento region, and has conducted numerous business and economic impact studies. Dr. Varshney earned an undergraduate degree in accounting and financial management from Bombay University, a master’s degree in economics from the University of Cincinnati, and a PhD in finance from Louisiana State University in Baton Rouge. He also holds the Chartered Financial Analyst (CFA®) designation.

Dr. Varshney has appeared in media interviews on topics of the economy and markets. He has published in magazines, newspapers, and professional journals including the Financial Analysts Journal.

Andres Villegas, CFA®
Principal and Founder

Andres Villegas is the Co-Founder and Principal of Goldenstone Wealth Management, an independent investment advisory firm based in El Dorado Hills, California. With nearly 15 years of experience, Andres specializes in building and managing investment portfolios to help clients preserve and grow their wealth. Before co-founding Goldenstone, he served as Vice President and Investment Strategist at The Private Bank of Wells Fargo, managing over $400 million in assets. With a client-first mindset, Andres builds tailored investment strategies to help individuals and organizations navigate their financial journeys with precision and trust. His earlier career experience includes managing portfolios for high net worth clients across Latin America, California, Texas, New Mexico, and beyond.

Andres earned an undergraduate degree in Finance from the McCombs School of Business at The University of Texas at Austin, attended a business program at The University of Chicago Booth School of Business and earned the Chartered Financial Analyst (CFA®) designation.

Passionate about economic insights, Andres contributes regularly to the local economic forecasts in the Greater Sacramento region as well as publications and media efforts of the Rancho Cordova Chamber of Commerce. He is a former Board Member of the CFA Society of Sacramento.