BB&T Wealth announces opening of first office in Texas

DALLAS, Nov. 13, 2013 /PRNewswire/ -- BB&T Wealth, ranked among the nation's top wealth management firms by Barron's magazine, has opened its first office in the Dallas/Ft. Worth region. BB&T Wealth delivers a broad spectrum of financial products and services to affluent clients and families including; financial planning, asset management, insurance, lending, personal trust and estate services.

The addition of wealth management services continues a major expansion in Texas by BB&T Corporation (NYSE: BBT), the nation's ninth largest financial holding company. BB&T has nearly doubled its presence in the state since late 2012 when the bank announced plans to open 30 new financial centers in Texas.

"BB&T is excited about adding wealth management to the services we already offer to our Texas clients," said BB&T Region President Kay St. John. "With the addition of 30 financial centers to our community banking network in the past year and the opening of our North Texas wealth management office, BB&T is positioned to serve the full array of business and personal banking needs for our clients in Texas."

The Preston Center office at 8117 Preston Road, Suite 100, is led by BB&T Senior Vice President and Wealth Advisor Janelle Walker. The team also includes Ryan Bierds, CFA, senior vice president and regional director of portfolio management; Chad Forsberg, senior vice president and financial planning strategist, and Mary Petry, relationship management associate.

With 60 offices throughout Texas, BB&T was recently named to the Dallas Morning News'  "Top 100 Places to Work," and on Tuesday inaugurated its new North Texas wealth office with a client reception.

"BB&T's wealth advisors provide the information and solutions our clients need to make better decisions, with the same focus on quality client service that is a 141-year-old tradition at BB&T," Walker said. "We look forward to introducing BB&T's experienced and highly credentialed wealth management team to families and businesses in North Texas."

About BB&T Wealth
BB&T Wealth manages $50 billion in client assets and provides customized fiduciary, banking, insurance and investment solutions for affluent individuals and families. BB&T Wealth is committed to client advocacy based on its deep-rooted culture of service excellence, empathy and knowledge. As a division of one of the largest financial institutions in the U.S., BB&T Wealth provides an array of world-class services that few banks and investment firms can match.

About BB&T
BB&T is one of the largest financial services holding companies in the U.S. with $181.1 billion in assets and market capitalization of $23.8 billion, as of Sept. 30, 2013. Based in Winston-Salem, N.C., the company operates 1,824 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.BBT.com.

SOURCE BB&T