TULSA, Okla.--(BUSINESS WIRE)--
BOK Financial, the parent company of Denver-based Colorado State Bankand Trust and BOSC, Inc., announces that the wealth management team of
Denver Retirement Partners has joined BOSC, Inc.’s registered investment
advisor, BOK Financial Advisors. The deal adds $230 million in assets
under management to the corporation.
The new team brings to BOK Financial Advisors more than 30 years of
experience in the wealth management industry, specializing in high net
worth and mass affluent asset management with complex insurance
strategies. The firm grew assets under management 25 percent last year,
which they attribute to a loyal client base and their own commitment to
excellence.
Scott Grauer, executive vice president at BOK Financial and CEO of BOSC,
said the partnership between the two organizations is mutually
beneficial.
“This is a special partnership for us because it means we’ll have more
expertise on the complex insurance side, which is an area our clients
need and we want to grow,” said Grauer. “At the same time, we’ll be able
to offer Denver Retirement Partners’ clients our full suite of products
and services, and all the advantages that come with the backing of a $29
billion corporation.”
Bill Sullivan, President and CEO of Colorado State Bank and Trust, said
the new Denver team is a welcome addition to his market and will
complement the bank’s long-time wealth management focus. They will
office at the Colorado State Bank Building at 1600 Broadway in Denver.
“We continue to seek to build our presence in the growing Denver market
and this partnership is a great move in that direction,” said Sullivan.
“Colorado State Bank and Trust has been well known for more than 100
years as a leader in the wealth management space and this new team fits
in perfectly with that reputation.”
Rod Thacker, executive benefits and insurance strategies at Denver
Retirement Partners, said the two organizations share a similar culture
focused on client service.
“BOK Financial Advisors offers our clients a great culture and one
that’s similar to ours as far as being fully committed to the highest
level of service,” said Thacker. “We look forward to this partnership
and the new opportunities it will bring.”
Access to BOK Financial Advisors’ technology is a major benefit to
Denver Retirement Partners’ clients according to Mark Duffy, senior
investment advisor.
“Our clients will value the enhanced technology we’ll be able to offer
moving forward, allowing them even greater access to their investments
and performance reporting,” said Duffy. “Now they’ll be able to answer
the ‘how am I doing’ question – anytime, anywhere.”
The Denver Retirement Partners team consists of Thacker, Duffy, Terry
Koele, senior financial and retirement planner, Suzanne Booth, financial
and portfolio strategist, and Chanel Foreman, communications and client
relations.
About BOK Financial
BOK
Financial Corporation is a $29 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. and The Milestone Group, Inc.BOKF, NA operates the TransFund, Cavanal
Hill Investment Management, MBM Advisors 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
Andrea Myers, 918-594-7794
amyers@bokf.com
Source: BOK Financial