ST. PETERSBURG, Fla. – Raymond James’ Financial Institutions Division continues its strategic expansion with the addition of First Hawaiian Advisors (FHA), First Hawaiian Bank's investment program, according to Tim Killgoar, senior vice president and head of Raymond James’ Financial Institutions Division (FID). The advisors will offer investment and wealth management services through Raymond James Financial Services, Inc., member FINRA/SIPC.
“We are proud to continue welcoming distinguished investment programs such as First Hawaiian Advisors to our Financial Institutions Division,” said Killgoar. “First Hawaiian Advisors is a top 10 client and a fantastic addition to FID. Our expansion into the Pacific through our affiliation with FHA is an exciting endeavor, as we extend services and offerings to bank advisors and their clients beyond the continental United States.”
The investment program is led by program manager Michael Tottori and includes 25 advisors along with various support staff, who offer full-service investment and insurance services to clients in Hawaii, Guam and the Commonwealth of the Northern Mariana Islands (Saipan).
“Our commitment to providing our customers innovative solutions and an outstanding experience was behind our decision to partner with Raymond James,” said Alan Arizumi, First Hawaiian Bank Vice Chairman, Wealth Management Group. “Our wealth advisors will have access to the robust research, technology and planning tools that will further enhance our ability to serve our customers and help them achieve their financial goals.”
About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting more than 3,700 independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF) a leading diversified financial services company with 7,200 financial advisors serving approximately 3 million client accounts in more than 2,900 locations throughout the United States, Canada and overseas. Total client assets are $643 billion.
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
About First Hawaiian Bank
First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii’s oldest and largest financial institution with branch locations throughout Hawaii, Guam and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian Bank visit the Company’s website, www.fhb.com. First Hawaiian, Inc. (NASDAQ: FHB), the parent company of First Hawaiian Bank, is the largest publicly traded company based in Hawaii.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. First Hawaiian Advisors and First Hawaiian Bank are not registered broker/dealers, and are independent of Raymond James Financial Services. Investment products are: not deposits, not FDIC/NCUA insured, not insured by any government agency, not bank guaranteed, subject to risk and may lose value.