The Callaway Bank is very pleased to announce a new strategic partnership. Effective May 10th, Convergence Financial, a Registered Investment Advisor and local financial planning and wealth management firm, assumed management of the investment services offered through Callaway Investment Services. With this partnership, Convergence Financial expands by opening a Fulton office in the space previously occupied by Callaway Investment Services at 9 E. Fifth St.
To learn more about Convergence Financial click here: https://convergence-co.com/financial/
Why The Change?
While The Bank operated Callaway Investment Services for several years, it recently took the opportunity to re-examine its service offerings and determine if there was a better way to serve clients. Kim Barnes, president and CEO, explained the world of investment management and financial planning has seen a great deal of change in recent years, including digitization, and client expectations have evolved, too. “Clients are better informed and are seeking out expertise that fits their needs, which is a great thing. There’s a demand for digital tools and secure visibility online, yet there is an appreciation for local service and convenient access to expertise. To meet our clients’ expanding needs, we believe the answer requires a broader team with both general and specialized expertise, strong experience, fiduciary integrity, and depth of support, along with personal attention, convenient local access, depth and breadth of resources, and digital tools. But above all, our clients value local decision-making and face-to-face access to their advisors. As a community bank, we agree and endorse the importance of being able to look someone in the eye and shake hands. As we evaluated options and gathered feedback, it became clear that partnering with a high-caliber firm would meet our clients’ needs far better than recreating the model we’d been offering. We listened.” The Bank evaluated multiple options, and Convergence Financial was clearly the best fit.
To meet our clients’ expanding needs, we believe the answer requires a broader team with both general and specialized expertise, strong experience, fiduciary integrity, and depth of support…
“We felt clients deserved for us to partner with a company that aligns with our values and provides the depth of experience and resources that Convergence delivers,” said Barnes. “We strongly believe the team at Convergence shares our values and local community focus, and the level of expertise their eight advisors bring is outstanding.”
Convergence Financial is a part of Convergence Companies, a locally owned comprehensive financial services firm founded by Travis Cook, CFP®, and they’ve just expanded into their new headquarters in Columbia. The new Fulton office inside the Bank will be their second in mid-Missouri. Travis Cook, CEO of Convergence Financial, shares the Bank’s enthusiasm for the new strategic partnership.
“We couldn’t be more excited to partner with The Callaway Bank to provide comprehensive financial planning to customers in Fulton and Columbia. This will be a great fit based on our organization’s shared value of putting the client’s needs first as we help them work toward their financial goals,” explained Cook.
We invite you to contact the team at Convergence Financial and see how they can assist your financial planning needs at 573-818-2264.
Not a Deposit. Not FDIC Insured. Not insured by any federal government agency. Not guaranteed by the bank or any of its affiliates. May go down in value.