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.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
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.
