Arvest Tops List of Trust Departments

by Gwen Moritz  on Monday, Oct. 14, 2013 12:00 am  

John Terry, Morgan Stanley’s complex manager, attributed the increase to new hires and recruits. “Almost every year we’re looking to add” 10 to 15 registered reps across the region that includes Arkansas, Mississippi and parts of western Tennessee, Terry said.

Money Managers

The list of Largest Money Managers ranked registered investment advisers headquartered in Arkansas by assets under management.

As usual it is topped by Stephens Inc., Foundation Resource Management Inc. and Stephens Investment Management Group, all of Little Rock. SIMG’s assets under management ballooned to $1.7 billion, up from $933 million on last year’s list.

Thirty money managers are included in the list in print, but an expanded list of 68 registered investment advisers is available for sale at ArkansasBusiness.com/MoneyManagers.

Mark Friedman contributed to this report.

 

 

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