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News Argent Obtains GIPS Compliance RUSTON, LA (NOV 1, 2011) – Argent Financial Group, Inc., one of the mid-South’s most respected wealth management firms, is pleased to announce Argent Trust of Louisiana, a division of Argent subsidiary National Independent Trust Company, and the firm’s flagship investment products are now compliant with Global Investment Performance Standards (GIPS®). GIPS standards are a globally accepted methodology for calculating and presenting investment firms’ performance history that are widely relied upon by investment firms, their clients and prospective clients for ensuring consistency of investment performance results. The purpose of the standards are to create a level playing field for all firms, promote comparability and give current and potential clients more confidence in the integrity of the performance presentations and the general practices of a compliant firm. First introduced 20 years ago, GIPS standards are voluntary and are based on the fundamental principles of full disclosure and fair representation of investment performance results. Global standardization of investment performance reporting gives investors around the world the additional transparency they need to compare and evaluate investment managers. “Achieving GIPS compliance demonstrates our continuing commitment to service, performance and integrity,” said Argent CEO Kyle McDonald. “Our staff completed significant work to ensure that a third party could accurately validate our investment performance over a series of years. It is rewarding to receive confirmation of our outstanding client service.” Under the direction of Lloyd Brown, CFA, Vice President and Investment Officer with Argent Trust, Argent professionals Reetu Kumra, CFA and Kelly Priestly were charged with the rigorous task of preparing the documentation necessary for becoming GIPS compliant. “GIPS compliance will provide new growth opportunities for Argent in the coming years as we bring our suite of investment management solutions to institutional and individual clients. For Argent to achieve this milestone, Reetu and others had to dedicate months of time and effort. I am extremely proud of their efforts and of our firm for achieving GIPS compliance.” said Brown. The GIPS standards are administered by CFA Institute, the global, not-for-profit association of investment professionals that awards the Chartered Financial Analyst (CFA®) and Certificate in Investment Performance Measurement (CIPM) designations. About Argent Trey Curtis Joins Argent as VP & Advisor (MONROE, LA - OCT 3, 2011) Argent Financial Group and its subsidiary Argent Advisors, Inc. are pleased to announce the addition of Trey D. Curtis as Vice President and Advisor. In his new position Trey will work in Argent’s Monroe office and serve as a Financial Advisor. Trey has over a decade of experience as a Financial Advisor serving the needs of clients in the Ouachita Parish market. A native of Minden, LA, Trey holds a Bachelor Degree in Accounting from Louisiana Tech University. He has comprehensive financial planning and insurance certifications including being a Certified Financial Planner®, a Chartered Life Underwriter® and a Chartered Financial Consultant®. He also holds Louisiana state life and variable annuities insurance licenses. About Argent Financial Group Argent Financial Group Acquires Memphis-Based Sector Capital Management MEMPHIS, TN - Argent Financial Group, one of the region’s oldest full-service independent trust and financial service companies, today acquired Sector Capital Management, LLC, of Memphis. “Professionally and culturally, this merger represents a wonderful growth opportunity for both companies,” said Sector founder and CEO William L. Gurner. “Becoming part of the Argent family provides Sector with the financial strength and integrity of a regional company responsible for approximately $3 billion in client assets, and Sector provides Argent entry into an additional line of business and expanded financial offerings.” According to Kyle McDonald, CEO of Argent Financial Group, Sector will continue to operate in Memphis as a Registered Investment Advisor under the name Sector Capital Management, and all existing Sector personnel including Gurner and President and Chief Investment Officer Reed Walters, will continue in their current positions with Sector. “We have a great deal of respect for the strong business Bill Gurner and Reed Walters have built over the years, and we look forward to Sector Capital Management continuing to provide its excellent institutional equity money management services,” McDonald said. “Making the depth of talent from both teams of investment professionals available to clients of Sector and Argent going forward will bring them significant benefits,” Walters added. Argent will provide Sector with additional financial resources and assets to manage, as well as back office, marketing and distribution support. In turn, Sector will provide Argent clients an expanded line of financial services, including institutional equity money management. “This acquisition further demonstrates Argent’s commitment to the Memphis market, and builds on the acquisition of Argent Trust Company of Tennessee a little more than one year ago,” McDonald said. “The addition of the high-caliber team from Sector deepens our capacity to provide the quality professional financial services that are the foundation of Argent.” Sector will soon relocate its Memphis office to the Crescent Center at 6075 Poplar Avenue, Suite 702, co-locating with Argent Trust of Tennessee, a full-service wealth and trust management firm. About Argent Financial Group About Sector Capital Management Argent Property Services Staff Promoted RUSTON, LOUISIANA (November 9, 2010) - Argent Financial Group, Inc. is pleased to announce the promotion and addition of staff members in its subsidiary, Argent Property Services (APS). Joe Rainer has been promoted to Managing Director of APS. Rainer founded the company in 2005 and has served as President. Rainer holds a Bachelor in Business Administration from Louisiana Tech University and has over 40 years experience in the Oil and Gas Industry. Jeremy Pendergrass has been promoted to President of APS. Previously, Pendergrass served the company as Vice President and Property Consultant. A native of Minden, Pendergrass holds a Bachelor of Arts in History with a Business Administration minor from Louisiana Tech University. He is an active member of the American Association of Professional Landmen. Lynn Higginbotham and Matt Barham each have been promoted to Vice President of APS. Higginbotham and Barham manage client properties. Higginbotham, a native of Bossier City, has over 33 years experience working in the oil and gas industry. She is a member of American Association of Professional Landmen and Ark-La-Tex Association of Professional Landmen. She is also the current Advisor of the Red River Desk and Derrick Club and a Certified Mineral Manager by national Association of Royalty Owners. Barham, a native of Ruston, holds a Bachelor in Forestry from Louisiana Tech University. APS also announces the addition of Ray Alford as Property Consultant, Trey Foster and Chris Scroggs as Mineral Revenue Analysts. Argent Financial Group, Inc. is a diversified financial services entity with roots tracing back to the 1930s. Argent provides services to individuals and businesses in Louisiana and seven other states and has responsibility for over $2 billion in client assets. Argent Property Services, a subsidiary of Argent Financial Group, is a full-service mineral wealth management firm with expertise in management, accounting, and advisory services for clients with oil, gas, and mineral holdings throughout the U.S. Argent Financial Group Hires New Vice President RUSTON, LOUISIANA (March 22, 2010) - Argent Financial Group, Inc., is pleased to announce the addition of Randy Braddock as Vice President. In his new role Braddock will actively expand Argent’s delivery of client services. He will serve Argent’s current markets and advisors. A native of West Monroe, Louisiana, Braddock holds a Bachelor of Finance from the Louisiana Tech University. Braddock holds Property and Casualty Insurance License and Life, Health and Accident Insurance License. Braddock has worked in the insurance services industry for the past 7 years. Prior to joining Argent, Braddock has over 20 years experience in sales, marketing, operations and strategic planning. Lynn Higginbotham and Matt Barham each have been promoted to Vice President of APS. Higginbotham and Barham manage client properties. Higginbotham, a native of Bossier City, has over 33 years experience working in the oil and gas industry. She is a member of American Association of Professional Landmen and Ark-La-Tex Association of Professional Landmen. She is also the current Advisor of the Red River Desk and Derrick Club and a Certified Mineral Manager by national Association of Royalty Owners. Barham, a native of Ruston, holds a Bachelor in Forestry from Louisiana Tech University. Argent Financial Group, Inc. is a diversified financial services entity with roots tracing back to 1930. Argent provides financial services to individuals and businesses in Louisiana and has trust partner affiliates in twelve other states and serves over $2 billion in client assets. |
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