GREENSBURG, Ind., May 1, 2017 /PRNewswire/ -- MainSource Bank (NASDAQ: MSFG); Dan Anderson, Senior Vice President, Director of Wealth Management, announced today that MainSource Bank has entered into an agreement with Capstone Investment Management, LLC, located in Greenwood, Indiana, to acquire its assets under management. The employees and customers of Capstone joined MainSource Bank's Wealth Management division effective May 1, 2017.
Capstone Investment Management, LLC is an independent firm offering securities through Raymond James Financial Services, Inc. The Capstone investment services team, including owner Adam Allen, has more than 30 years of combined experience in the financial services industry and has served Greenwood and the surrounding areas for several years. The Capstone investment services team will continue to be located at 494 S. Emerson Avenue, Suite G, in Greenwood.
Mr. Anderson, stated, "We are excited to announce the partnership between MainSource Wealth Management and Capstone Investment Management. Because both firms offer securities through Raymond James Financial Services, current clients of Capstone Investment Management will experience no change in their accounts or services. The current staff are a welcome addition to the MainSource team and will continue to service their clients as they have in the past."
Adam Allen commented, "This partnership is a win-win situation for our customers, our business and MainSource. We are happy to continue offering the local, personalized service our clients have come to expect, while maintaining a relationship with Raymond James Financial Services."
For more information about MainSource Bank, visit www.mainsourcebank.com.
MainSource Financial Group is listed on the NASDAQ National Market (under the symbol: "MSFG") and is a community-focused, financial holding company with assets of approximately $4.6 billion. The Company operates 94 full-service offices throughout Indiana, Illinois, Kentucky and Ohio through its banking subsidiaries, MainSource Bank, Greensburg, Indiana and The First Capital Bank of Kentucky, Louisville, Kentucky.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mainsource-bank-expands-wealth-management-division-with-purchase-of-greenwood-indiana-firm-300448957.html
SOURCE MainSource Financial Group, Inc.