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Prosperity Bank Aligns with Raymond James for Investment Services

Prosperity Bank Aligns with Raymond James for Investment Services

ST. PETERSBURG, Fla. – Raymond James’ Financial Institutions Division continues its strategic development aided by the addition of ProsperityPrivate Investments, Prosperity Bank’s investment system headquartered in Victoria, Texas, based on Senior Vice President and Head of Raymond James finance institutions Division Tim Killgoar. The advisors at Prosperity Bank will offer you wealth and investment administration solutions with their customers through Raymond James Financial Services, Inc., user FINRA/SIPC.

“We’re proud to partner using the experts at ProsperityPrivate Investments because they continue steadily to expand their investment offerings to consumers throughout Texas and Oklahoma,” stated Killgoar. “Exceptional customer service continues to be at the core of our companies, and we’re happy that Prosperity made a decision to partner with us for continued support. We welcome them to the growing banking institutions Division, and appearance forward to the mutually worthwhile partnership.”

ProsperityPrivate Investments was once connected to Cetera Investment Services, LLC. This system includes program manager Randy Hall and nine financial advisors, whom collectively handle a lot more than $600 million in customer assets and serve consumers throughout Texas and Oklahoma.

“Our new relationship with Raymond James is a effective partnership,” said Kelly Park, president of Prosperity riches Management. “We chose Raymond James for many reasons, including their commitment to customer solution, their market recognition in addition to firm’s monetary security – every one of which are extremely vital that you us even as we continue steadily to offer our customers with a selection of monetary and wealth management solutions.”

About Raymond James Financial Services Raymond James Financial Services, Inc. is a economic solutions company supporting a lot more than 3,700 independent monetary advisors nationwide. Since 1974, Raymond James Financial Services Inc., user FINRA/SIPC, has supplied a broad variety of investment and wide range preparation associated solutions through its affiliate, Raymond James & Associates, Inc., user nyc Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF) a prominent diversified economic services business with around 7,100 monetary advisors serving more than 3 million client records much more than 2,900 places through the united states of america, Canada and offshore. Total client assets are roughly $637 billion.

Concerning the Financial Institutions Division The finance institutions Division was founded by Raymond James in 1987 to give banking institutions and credit unions with an alternative to traditional investment that is third-party. Raymond James provides full-service securities brokerage and advisory services to finance institutions trying to take on the biggest banks and securities companies in the nation. Along with the full complement of investment services and products, Raymond James has the capacity to deliver investment banking, public finance, research, self-clearing capabilities and wide range administration solutions to both people and organizations.

About Prosperity Bancshares, Inc. at the time of December 31, 2016, Prosperity Bancshares, Inc. is just a $22.331 billion Houston, Texas based regional financial keeping company, formed in 1983. Running under a residential district banking philosophy and wanting to develop customer that is broad centered on service and convenience, Prosperity provides a number of old-fashioned loan and deposit items to its clients, which consist mainly of little online payday ME and mid-sized companies and consumers. Along with banking that is established, Prosperity provides a total type of services including: Web Banking solutions at , Retail Brokerage Services, charge cards, MasterMoney Debit Cards, 24 hour sound reaction banking, Trust and riches Management, Mortgage Services, Cash Management and Mobile Banking.

Prosperity currently operates 245 banking that is full-service:

65 within the Houston area, such as the Woodlands; 29 within the Southern Texas area including Corpus Christi and Victoria; 36 within the Dallas/Fort Worth area; 22 within the East Texas area; 29 in the Central Texas area including Austin and San Antonio; 34 into the western Texas area including Lubbock, Midland-Odessa and Abilene; 16 within the Bryan/College facility area, 6 into the Central Oklahoma area and 8 within the Tulsa, Oklahoma area.

Securities offered through Raymond James Financial Services, Inc., user FINRA/SIPC. Investment advisory services provided through Raymond James Financial Services Advisors, Inc. Prosperity Bank and ProsperityPrivate Investments are perhaps perhaps not registered broker/dealers, and tend to be separate of Raymond James Financial Services. Investment products are: maybe not deposits, maybe perhaps not FDIC/NCUA insured, maybe not insured by any federal government agency, not bank guaranteed, at the mercy of risk and may also lose value.

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