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Linscomb Wealth Marks 55 Years of Relationship-Driven Service, and Long-Term Stewardship

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Founded in 1971, the Houston-based firm reflects on its origins as a fiduciary pioneer while buildin...

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Linscomb Wealth, a firm under Cadence Bank, celebrates its 55th anniversary while announcing a focus on modern, fiduciary wealth management. The proposed merger with Huntington National Bank is likely to enhance capabilities, potentially driving increased client growth and retention for Cadence.

Sentiment Rationale

The announcement of growth initiatives and a strategic merger suggests potential for revenue growth. Historical trends show successful mergers often enhance stock value through expanded service capabilities.

Trading Thesis

Investors should consider buying CADE on potential growth from successful Linscomb Wealth initiatives and merger.

Market-Moving

  • Linscomb's focus on fiduciary advice may boost client acquisition for Cadence.
  • Favorable merger conditions could enhance service offerings and increase revenue.
  • Strong client retention may lead to stable revenue streams for CADE.
  • The growth in assets under management signals potential earnings improvement.

Key Facts

  • Linscomb Wealth marks 55th anniversary focused on client-first advisory services.
  • Firm has surpassed $5 billion in assets under management.
  • Proposed merger with Huntington National Bank expected to enhance services.
  • Client retention emphasized as a key performance indicator.
  • New initiatives aim to strengthen fiduciary advisory services.

Companies Mentioned

  • Cadence Bank (CADE): Parent company of Linscomb Wealth, benefiting from its growth initiatives.
  • Huntington Bancshares (HBAN): Proposed merger expected to enhance Cadence's service capabilities.

Corporate Developments

This falls under 'Corporate Developments' as Cadence Bank through Linscomb Wealth is enhancing its service offerings amidst a significant merger, which is pivotal for its growth strategy and overall brand evolution in wealth management.

Linscomb Wealth Celebrates 55 Years of Client-Centric Wealth Management

Houston-based Linscomb Wealth (LW), a premier wealth management firm and a wholly owned subsidiary of Cadence Bank (NYSE: CADE), is proudly commemorating its 55th anniversary. Established in 1971, the firm reflects on its journey as a fiduciary pioneer and is gearing up for the future with a commitment to modernizing its client-first advisory services.

A Commitment to Holistic Wealth Management

For over five decades, Linscomb Wealth has been at the forefront of helping individuals and families navigate complex financial decisions. The firm emphasizes a pure fiduciary approach, prioritizing the client’s needs over products or predictions.

"Clients don't come to us looking for products or predictions. They come for clarity, confidence, and a partner they can rely on through every phase of life," stated Phillip Hamman, CFA, CFP®, President and CEO.

Fiduciary Roots and Long-Term Relationships

Founded by Dan Linscomb, the firm was an innovator in adopting the fiduciary, fee-only model long before it gained popularity. This dedication to independence and transparency has helped Linscomb Wealth cultivate enduring client relationships that often bridge generations.

"Being a fiduciary isn't a label, it's a responsibility," explained Walter Christopherson, JD, CFP®, Chairman. "It means staying disciplined when markets are volatile and always putting clients' interests first."

Emerging as a Leader in Wealth Management

As the financial landscape evolves, Linscomb Wealth has been proactive in enhancing its services and infrastructure. Recently, the firm surpassed $5 billion in assets under management and completed its first acquisition, a testament to its growth.

"Change is constant in our industry, but our clients value continuity and knowing the experience they rely on won't change as the firm evolves," noted Ryan Patterson, CFA, CFP®, Chief Investment Officer.

Key advancements include:

  • Implementation of a formal strategic plan
  • A company-wide rebranding initiative
  • Investments in technology and personnel

Client Retention: A Measure of Success

The firm emphasizes client retention as a vital metric of its success. Clients are drawn to Linscomb Wealth for its comprehensive investment management and personalized planning services, which focus on care and responsiveness during all of life’s transitions.

"Our work begins with listening," said Carolyn Galfione, CPA, CFP®, Senior Wealth Advisor. "Continuity builds trust and fosters lasting relationships."

Entering the Next Chapter

As it celebrates 55 years, Linscomb Wealth embraces the mindset of a "55-year-old startup," combining the stability of an established firm with a focus on innovation. Future priorities include:

  • Expanding planning and investment capabilities
  • Advancing technology frameworks
  • Enhancing governance and client engagement
  • Building the Linscomb Wealth Fellowship program

"We're focused on raising the bar for what fiduciary wealth management can be," emphasized MaryJane LeCroy, CFP®, Senior Wealth Advisor.

Future Endeavors and Mergers

Linscomb Wealth will celebrate its 55th anniversary throughout the year, recognizing the invaluable clients and partners who contributed to its success. The firm's next chapter will be fortified by the proposed merger between Cadence Bank and The Huntington National Bank, expected to enhance service offerings and expand capabilities in wealth management.

The anticipated merger is scheduled to close on February 1, 2026, pending usual closing conditions.

About Linscomb Wealth

Linscomb Wealth (LW) is a fee-only wealth management firm dedicated to providing holistic investment and financial planning services for high-net-worth and family office clients. With additional offices across multiple states, including Alabama, Georgia, and Tennessee, LW is devoted to delivering tailored strategies that help investors accumulate and preserve their wealth through various life stages.

About Cadence Bank

Cadence Bank (NYSE: CADE) is a regional bank with a commitment to community investment and service. With a robust network of over 390 locations and nearly 150 years of experience, Cadence Bank provides comprehensive banking, investment, and trust services tailored to the unique needs of clients.

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