TULSA, Okla.--(BUSINESS WIRE)--
Waddell & Reed, Inc., one of the oldest financial planning and
investment management firms in the country, has partnered with BOK
Financial Corporation (NASDAQ: BOKF) to expand the advisor-friendly
trust services available to its clients. For more than 75 years, Waddell
& Reed has offered comprehensive financial planning and investment
management guidance, and now can enhance client financial plans with the
diverse trust solutions of BOK Financial, a $27 billion regional
financial holding company.
The partnership allows certain Waddell & Reed financial advisors to
further meet a variety of client needs by providing objective trust
solutions, including personal trusts, charitable and philanthropic trust
administration, special needs trusts, court created trusts, account
settlement and administration, executor or co-executor management and
probate management.
“We’re pleased to partner with BOK Financial to provide enhanced trust
services to compliment the diverse range of investment and insurance
products we offer our clients to help them meet their personal financial
planning needs,” said George A. Fernandez, assistant vice president,
Financial Planning Services for Waddell & Reed, Inc.
More than 130 trust administrative officers will be available to Waddell
& Reed advisors for unmatched personal service. BOK Financial’s team of
trust experts average 20 years of corporate trust experience each.
“As professional advisors, we know Waddell & Reed works closely with
clients to create a solid financial foundation,” explained Rosemary
Hueser, vice president and manager of Advisor Trust Services for BOK
Financial. “Our trust officers will enhance their client relationships
by providing objective trust solutions that integrate well with a
comprehensive financial plan.”
Founded in 1937, Waddell & Reed, Inc. provides financial planning
services to clients throughout the United States through its network of
nearly 1,800 financial advisors. Waddell & Reed, Inc. also serves as
principal underwriter and distributor to the Waddell & Reed Advisors
Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios, Inc. and
InvestEd Portfolios, Inc. It is a subsidiary of Waddell & Reed
Financial, Inc. (NYSE: WDR), which had approximately $114 billion in
total assets under management at Sept. 30, 2013. Waddell & Reed
Financial, Inc. and Waddell & Reed, Inc. are not related to or
affiliated with BOK Financial.
BOK Financial’s Advisor Trust Services focuses on local expertise backed
with the power of a national charter. In spring 2013, The Trust
Advisor named BOK Financial one of 20 exclusive firms that
represented “expertise that goes beyond competence, service that goes
beyond expectations and a culture oriented around cooperating with
advisors instead of competing for accounts.” It has offices in Arizona,
Colorado, Kansas, Nebraska, New Mexico, Oklahoma and Texas.
For more information, visit www.bokfinancial.com
or call (888) 957-6678.
About BOK Financial Corporation
BOK Financial Corporation is a $27 billion regional financial services
company based in Tulsa, Okla. The company's stock is publicly traded on
NASDAQ under the Global Select market listings (symbol: BOKF). BOK
Financial's holdings include BOKF, NA, BOSC, Inc.The Milestone Group,
Inc. and Cavanal Hill Investment Management, Inc . BOKF, NA operates the
TransFund electronic funds network and seven banking divisions: Bank
of Albuquerque, Bank
of Arizona, Bank
of Arkansas, Bank
of Kansas City, Bank
of Oklahoma, Bank
of Texas, and Colorado
State Bank and Trust. Through its subsidiaries, the company provides
commercial and consumer banking, investment and trust services, mortgage
origination and servicing, and an electronic funds transfer network. For
more information, visit www.bokf.com.
BOK Financial Corporation
Jackie Griffin, 918-588-6378
Jgriffin@bokf.com
Source: BOK Financial Corporation