SAN ANTONIO, Jan. 26, 2015 /PRNewswire/ -- Investment Professionals Inc. (IPI), a leading provider of investment services to community banks, announced that it will provide investment services to Centennial Bank, a $7.1 billion bank headquartered in Conway, Arkansas and wholly-owned subsidiary of Home BancShares, Inc. (NASDAQ: HOMB). Converting from LPL, Centennial Bank has locations in Arkansas, Alabama and Florida.
"Today, more than 350,000 individuals and families rely on Centennial Bank to help manage their financial lives and well-being. IPI is proud to have been chosen to offer investment services for those customers and the communities they serve," said Jay McAnelly, President and CEO of Investment Professionals, Inc. "We look forward to helping those customers reach their financial goals by offering access to a full range of investment products and services, including financial and retirement planning, fixed income, fee-based products, insurance and annuities.
"We are eager to begin this partnership with IPI. Their service to community banks mirror our service to our customers and the communities we serve," said Tracy French, C.E.O. and President of Centennial Bank. "We are excited about the opportunities to expand into more markets and provide additional services and opportunities to our customers," French said.
Since 1992, IPI has been successfully specializing in the on-site delivery of investment programs and asset management services for community banks and other financial institutions. IPI currently partners with more than 148 financial institutions across the country, whose assets range from $50 million to over $10 billion. IPI has more than $8 billion under management for over 90,000 clients in 29 states. IPI has no debt and currently employs over 450 people.
About Investment Professionals Inc.
Investment Professionals Inc. (IPI) is a privately owned and operated Texas-based investment, insurance brokerage and asset management firm specializing in the on-site delivery of investment programs for financial institutions and providing turn-key fixed income, marketing and custody services to community bank trust departments across the United States.
NO BANK GUARANTEE | NOT FDIC INSURED | MAY LOSE VALUE Securities and advisory services offered through Investment Professionals Inc. (IPI), a registered broker-dealer and registered investment advisor. IPI does not offer or provide legal or tax advice; please consult your attorney and/or tax advisor for such services. Member FINRA and SIPC.
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