American National Bank of Texas, an independently owned bank with more than 30 locations throughout North Texas, has selected Ameriprise Financial Services as its new broker-dealer.
The Terrell, Texas-based bank joined the Ameriprise Financial Institutions Group from LPL Financial with a team of six financial advisers who help clients manage over $483 million in combined assets.
As part of the transition, the bank formally named its investment program ANBTX Investment Services, a financial advisory practice of Ameriprise Financial Services, Ameriprise said in a press release Monday.
Kathy A. Howe, executive vice president and director of wealth management at ANBTX, leads the ANBTX Investment Services group. The team includes financial advisers Daniel Finch, Jennifer George-Smith, Patsy Gómez, Karen Martin, Cassie Perry and EJ Pipkin; retirement plan adviser Carol Dogans; and senior vice president and program manager Cheryl Sutter.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
