First Financial Bank aligns with Raymond James for investment services
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division Managing Director John W. Houston announced that the advisors at First Financial Bank, N.A., in Abilene, Texas, will offer investment and wealth management services to their clients through Raymond James Financial Services, Inc., member FINRA/SIPC.
First Financial Brokerage Services, the bank’s investment program, was previously affiliated with Cetera Investment Services, LLC, for 18 years, and includes seven advisors and seven assistants. The advisors collectively manage approximately $406 million in client assets and cover community markets throughout Texas.
“We are excited to announce this new alliance with Raymond James,” said EVP & Chief Administrative Officer Ronald Butler. “We believe this will allow us to enhance our commitment to our customers by providing them access to more innovative financial solutions along with an outstanding service experience.”
“We are proud to welcome the advisors at First Financial Brokerage Services to our growing Financial Institutions Division,” said Houston. “As with Raymond James, First Financial is dedicated to providing superior client service. We look forward to providing the support they need as they continue to expand their investment program and offerings throughout Texas.”
About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting more than 3,600 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 approximately 6,800 financial advisors serving in excess of 2.8 million client accounts in more than 2,800 locations throughout the United States, Canada and overseas. Total client assets are approximately $535 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 Financial Bank
First Financial Bank, N.A. is a wholly owned subsidiary of First Financial Bankshares, Inc. Headquartered in Abilene, Texas, First Financial Bankshares, Inc. (NASDAQ: FFIN) is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 69 locations in Texas. First Financial Bankshares, Inc. also owns First Financial Trust & Asset Management Company, N.A., with nine locations in Texas.
First Financial Bankshares, Inc. is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial Bankshares, please visit http://www.ffin.com.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. 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.
First Financial Bank and First Financial Brokerage Services are independent of Raymond James Financial Services.