LaSalle St. Establishes Relationship with Live Oak Bank
- The relationship with Live Oak Bank will provide LaSalle St. with additional funding sources to support its growth objectives.
- Live Oak Bank brings efficiency and excellence to the banking process and will enhance LaSalle's financial support programs.
- None.
Additional Funding Source Will Accelerate Growth Objectives for Firm and Affiliated Advisors
"We established this relationship with Live Oak Bank to take advantage of the opportunities we see in the market," said Mark Contey, Chief Marketing Officer. "By fostering this relationship with a trusted industry partner, LaSalle St. can continue to offer options that allow the firm to move quickly and provide compelling solutions as we drive our growth through recruiting, succession planning and M&A."
Live Oak Bank is a digitally focused, FDIC-insured bank with significant experience supporting wealth management enterprises across the country. Live Oak brings efficiency and excellence to the banking process, without branches, by using a focused approach to technology and innovation. The relationship will enhance
"We are thrilled to offer LaSalle St. affiliated advisors a range of capital solutions to support their growth," said James Hughes, Head of Investment Advisor Financing at Live Oak Bank. "For 11 years, we have worked with financial advisors and understand the unique needs of this sector. Live Oak shares LaSalle St. leadership's dedication to personal service that enables advisors to grow and scale their businesses."
About LaSalle St.
LaSalle St. is a family of firms comprising LaSalle St. Securities, an independent broker-dealer; LaSalle St. Investment Advisors, a SEC-registered investment adviser; and LaSalle St. Insurance Services, a provider of annuity and insurance products. It has a singular mission of supporting the growth and success of independent financial advisors across the country. Founded in 1974 and based in
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Media Inquiries
Donald Cutler or Lorene Yue
Haven Tower Group
dcutler@haventower.com or lyue@haventower.com
424 317 4864 or 424 317 4854
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SOURCE LaSalle St.