A in Stocks Futures Bonds Directory

Home » Business Investing » Investment Money Managers » A » Argent Financial Group, Inc.


Argent Financial Group, Inc. in Active Trader Links Directory

 

Argent Financial Group is a diversified financial services entity providing a full array of financial services through a developed corporate structure. Argent Financial began as The Trust Company of Louisiana, (The Trust Company) formed in 1990, as a subsidiary of Heritage Financial Corporation. It is the successor of the Trust Department of Ruston State Bank, a department that began in 1930. The management and core staff of Argent has been in place since 1990. Additional staff has come from other financial services entities, including banks, brokerage firms, insurance agencies, financial planning firms and other businesses. In some cases, other bank trust departments have been merged into Argent. In 1991, a management-led group of investors purchased The Trust Company. All original investors from that group remain and additional staff members and other individuals have become investors since that time. Currently, all investors are individuals; none are financial institutions. Over the past few years we have created additional wholly-owned subsidiaries to provide a full range of financial services as Argent has expanded its footprint while still providing excellent trust services. In 2000, after a decade of growth as The Trust Company of Louisiana, we took a series of steps to position our company for the future. First, we created Argent Financial Group, Inc., as a holding company. Then, we converted our original state trust charter to a national charter. This moved The Trust Company under the authority of the Office of Comptroller of the Currency (OCC), We also changed the legal name of our trust operation to National Independent Trust Company as we now enjoy nationwide branching authority. Finally, we renamed all of our subsidiaries utilizing the Argent brand name. Since the beginning of 2001, trust entities in other states have affiliated with us creating offices in Minnesota, West Virginia, North Carolina, Ohio, Wisconsin, and Georgia. Consolidated revenue for calendar year 1990 (eight months of operations) was $440,000. Consolidated revenue for 2006 exceeded $10,000,000. Trust assets began at approximately $48,000,000 and now exceed $1.4 billion. Argent operates offices in seven Louisiana cities: Ruston, Alexandria, Lake Charles, Minden, Monroe, Natchitoches, and Shreveport.

 

Telephone: (318) 251-5800
Website: http://www.argentmoney.com/

 

Sponsored Listings