Leader of The Scott Group of BB&T Scott & Stringfellow, Buford Scott recently celebrated his 55th anniversary with BB&T Scott & Stringfellow and continues to serve as Chairman of the firm's Board of Directors. He presently provides investment services for individual clients with assets totaling more than $700 million. He serves as trustee and advisor to a number of charitable foundations. He has also served as a member of the Board of Visitors of the University of Virginia and Virginia Commonwealth University. Buford served for ten years as trustee and member of the Investment Advisory Committee for the multi-billion dollar retirement system for the Commonwealth of Virginia.
The University of Virginia, B.A.
Recognitions / Awards
In 1964, Buford received the award as the Outstanding Young Man of the Year from the Richmond Junior Chamber of Commerce. In 1976, 1980 and 1989, he received the Outstanding Service Award from the Virginia Council on Economic Education. In 1981, he received the Brotherhood Award from the National Conference of Christians and Jews. In 1982, he received an honorary degree of Doctor of Law from St. Paul's College. In 1986, he received the George P. Baker Medal from the Joint Council on Economic Education. In January 2001, he was recognized on the floor of the House of Delegates of the Virginia General Assembly for his service to the Commonwealth in connection with children and education. In 2011, he received an honorary degree from Virginia Theological Seminary.
Buford is currently a Trustee and Chairman Emeritus of Elk Hill Farm, Inc. (Boy's and Girl's Farm). He is also a Director and former Chairman of Virginia Council on Economic Education. In addition, Buford is Director of Virginia High Speed Rail Association, Council on Economic Education, and Trustee of the VCU Business School Foundation. He is also a past Chairman of Virginia Mentoring Partnership, Trustee of Sheltering Arms Foundation and Past Chairman of Virginia Capitol Foundation.
First, make sure you learn as much as possible about your client, particularly their financial condition and investment objectives. Second, devote as much time as necessary to select the investment products which are most suitable for the client. Third, act as financial advisor to your client, keeping up-to-date on changes occurring in the client's financial picture and in the investment arena. Finally, remember your commitment that the client's interests always come first.
Buford, born in Richmond, is married to Susan Elder Bailey, they have three children and nine grandchildren. He graduated from St. Mark's School, attended Yale University for two years and graduated from the University of Virginia. Before joining BB&T Scott & Stringfellow, Buford served for two years in the U.S. Army Counter Intelligence Corp.
Buford has always been active in the Richmond community having served as the chairman of the Richmond Chamber of Commerce, Richmond Area United Givers Fund and campaign of the United Way. He served for 11 years as a member of the Board of Visitors of Virginia Commonwealth University and for seven years as a member of the Board of Visitors of the University of Virginia. He served as chairman of the Virginia Commission of Children and Youth, as chairman of Elk Hill Farm, Inc. and as a director of Hollywood Cemetery, Police Benevolent Association, the Virginia Mentoring Program, Sheltering Arms Hospital, the Virginia Council on Economic Education and the Virginians for High Speed Rail.