Palmetto Investment Professionals Adds Financial Advisor

GREENVILLE, S.C., Aug. 1, 2013 /PRNewswire/ -- The Palmetto Bank (the "Bank"), a wholly-owned subsidiary of Palmetto Bancshares, Inc. (NASDAQ: PLMT), and Investment Professionals, Inc., jointly announced the addition of Bryan Neill as a financial advisor with Palmetto Investment Professionals.  Neill was most recently a financial advisor with Merrill Lynch in Greenville and has additional experience in finance, small business management, manufacturing, accounting, consulting and lending. He holds a Series 7, Series 66 and insurance license. "I am extremely excited to be joining the Palmetto Investment Professionals teams," said Neill. "I look forward to helping individuals, families and the local business communities reach their financial goals."

Working initially from the Ft. Inn office, Neill will provide local access to a broad range of financial products and services. Clients will receive financial, retirement, legacy and education planning services for developing a portfolio that may include mutual funds, individual stocks, fixed income securities, annuities and insurance products. "Bryan is an outstanding addition to our team of financial advisors who provide personalized financial advice to our clients," said Lee S. Dixon, Chief Operating Officer of The Palmetto Bank. "Bryan will also work collaboratively with Sharon Whitney, who we hired in June to lead our Private Banking business, to provide hands-on service to higher net worth individuals in the Upstate."   

About The Palmetto Bank:
Headquartered in Greenville, South Carolina, The Palmetto Bank is a 106-year old state-chartered community bank and is the fourth largest banking institution headquartered in South Carolina. The Palmetto Bank has assets of $1.1 billion and serves the Upstate through 25 branch locations in nine counties of the Upstate of South Carolina, as well as 24/7/365 service through online and mobile banking and ATMs. The Bank has a unique understanding of the Upstate market and delivers local decision making with greater responsiveness to clients. Through its Retail, Commercial and Wealth Management lines of business, the Bank specializes in providing financial solutions to consumers and small to mid-size businesses with deposit and cash management products, loans (including consumer, Small Business Administration, commercial, corporate, mortgage, credit card and automobile), lines of credit, trust, brokerage, private banking, financial planning and insurance. Recently recognized by several international publications for innovative client solutions, the Bank provides technology solutions that improve the client experience by providing clients the ability to bank whenever they want, wherever they want. Additional information may be found at the Bank's website at palmettobank.com or on Facebook.

About Palmetto Investment Professionals:
Palmetto Investment Professionals offers securities and advisory Services through Investment Professionals, Inc. (IPI).  IPI is a privately-owned Texas-based financial planning, asset management and risk mitigation firm, specializes in working with community banks to help their customers achieve a more secure financial future.  IPI is headquartered in San Antonio, Texas (www.invpro.com) and is partnered with over 140 financial institutions in 26 states with assets in size ranging from $50 million to $10 billion. IPI was founded in 1992 and as of March 31, 2013 has assets under management of over $6 billion for over 90,000 clients nationwide.

The Palmetto Bank Contact:
Ana Miles
864.250.6063
[email protected]

SOURCE The Palmetto Bank