Raymond James Financial Institutions Division welcomes Minnesota-based Think Bank
ST. PETERSBURG, Fla. – Raymond James welcomed the advisors and professionals of Minnesota-based Think Bank’s financial planning program to its Financial Institutions Division (FID), according to Tim Killgoar, senior vice president and FID national director. Through this new partnership, the five advisors and five associates will offer investment and wealth management services to their clients through Raymond James Financial Services.
“Think Bank has a rich history and is highly respected within the Rochester and Twin Cities communities. It is a privilege to announce this new partnership and formally welcome this distinguished program and its team members to Raymond James,” said Killgoar. “We continue to hear from many of our affiliated banks and credit unions that FID’s dedication to quality support and sophisticated technology offerings makes it a clear choice as they grow and elevate their wealth management services for clients. We’re excited to bring this mix of resources to Think Bank Financial Planning.”
The financial planning program is led by Rick Decker, CFP®, AIF®, vice president of financial planning. It includes four additional financial advisors, two of whom hold a CFP® credential, as well as five client service associates.
Headquartered in Rochester, Minnesota, with additional locations in Apple Valley, Eagan and Edina, the advisor team offers clients a wide variety of investment products and personalized financial planning strategies to help them reach their financial goals. The advisors collectively serve approximately 3,000 clients.
“This new relationship is the start of something special for Think and its customers,” said Decker. “We look forward to working with Raymond James to provide our customers with innovative financial strategies and a continued quality service experience. Our two organizations’ values align well – it’s all about offering customers easy-to-understand resources and tools to help them meet their financial goals and save for the future.”
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
About Raymond James Financial Services.
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with approximately 8,600 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.19 trillion as of Aug. 24, 2022. Additional information is available at raymondjames.com.
About Think Bank
Think Bank is a community bank headquartered in Rochester, Minnesota, with full-service offices in Rochester, Apple Valley, Eagan, and Edina. Think focuses on consumers and businesses, providing a full array of banking, mortgage, financial planning, and insurance services.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNERTM, CFP®, (with plaque design) and CFP®(with flame design) in the U.S. which it awards to individuals who successfully complete the CFP Board’s initial and ongoing certification requirements.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. Think Bank is not registered broker/dealer, and is independent of Raymond James Financial Services. Investment Advisory Services offered through Raymond James Financial Services Advisors, Inc.