The Founders

Sanjay Varshney, PhD, CFA®
Principal and Founder

Dr. Varshney brings three decades of proven investment expertise and sophistication to his clients. 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 thoughtful 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, Founder/Chief Economist of the Sacramento Business Review, and has been a widely sought out consultant on 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 been widely featured and quoted on both local and national media. He has published extensively in magazines, newspapers, and professional journals including the Financial Analysts Journal.

Andres Villegas, CFA®
Principal and Founder

Andres Villegas is an accomplished portfolio investment manager having served the wealth and investment management needs of families, businesses, and nonprofit organizations in California, Texas, and New Mexico. Prior to founding Goldenstone, Andres was a Vice President and Investment Strategist at Wells Fargo Private Bank, managing over $400 million in assets. His previous background also includes portfolio and investment management for clients from Latin America.

Andres earned an undergraduate degree in finance from The University of Texas at Austin. He was invited and attended a business program at The University of Chicago Booth School of Business, where he trained under top business faculty. He also holds the Chartered Financial Analyst (CFA®) designation.

Andres serves as an author and collaborator for the Sacramento Business Review, a public service effort for the greater Sacramento region providing a comprehensive regional economic review and forecast. He is a Board Member for the CFA Society of Sacramento and an active member of the El Dorado Hills Chamber of Commerce.