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Argent reaches $1 Billion milestone
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RUSTON, LA – Argent Financial Group, Inc. announced this week they now manage over $1 billion in client assets.
The investment and trust company headquartered in Ruston began 15 years ago with $48 million in trust assets.
"We are grateful to our loyal clients," said Kyle McDonald, President and CEO of Argent Financial Group. "Our clients and our staff are the reason for our consistent growth."
McDonald said the $1 billion milestone was reached by developing several new client relationships and increasing the value of existing client accounts through investment performance.
In addition, the staff of Argent has increased from ten trust professionals in 1990 to over 50 trust, investment and financial planning professionals today.
Argent Financial Group, Inc., formerly The Trust Company of Louisiana, is a staff-owned financial services institution with over $1 billion in client assets offering a full array of investment and trust services through seven Louisiana offices: Ruston, Alexandria, Lake Charles, Minden, Monroe, Natchitoches and Shreveport. The name was changed in 2001 as offices have been added in Oregon, Minnesota, West Virginia, North Carolina, Arkansas, Washington and Georgia.
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