
Arvest Wealth Management on Wednesday named Asa Cottrell its next president and CEO.
The move takes effect June 13. Cottrell follows Jim King, who will serve as an advisor until his retirement in the first quarter of 2023. King will remain on the Arvest Wealth Management board of directors during the transition.
Under King’s leadership, Arvest Wealth Management grew total assets from $6 billion in 2011 to $15.9 billion, the company said in a news release.
Cottrell has more 30 years of experience in the industry. He’s been a sales manager at Arvest Bank in Little Rock since 2016. Before then, he spent 22 years with Arvest Wealth Management.
Arvest Bank CEO Kevin Sabin said Cottrell brings a “unique range of experience and perspective” to the job.
“In addition to his business acumen, Asa’s skills as a relationship-builder and collaborator will help us drive innovation as we seek new ways to meet our clients’ needs and expectations while continuing to grow,” he said in the release.
Cottrell holds a bachelor’s in finance from the University of Arkansas and is a Certified Financial Planer. He’s also an AR Kids Read board member.
“I am both thrilled and humbled to take on this new role,” Cottrell said. “This is an exciting, transformative time at Arvest Wealth Management and I look forward to helping our associates expand relationships with our current clients and form new relationships, particularly with Arvest Bank customers.”