Arvest Wealth Management Posts Record Revenue
LOWELL, Ark. (Feb. 20, 2018) – Arvest Wealth Management (AWM) announced today that it produced record revenue in 2017.
AWM, a division of Arvest Bank offering wealth management, trust services and insurance products, recorded revenue of $65.2 million in 2017. Additionally, AWM reported total assets under management of more than $11 billion as of Dec. 31, 2017.
"Our 2017 growth can be attributed to several things," AWM president and CEO Jim King said. "For many years, our investment and trust advisors have focused on building deeper relationships with our customers by using our financial planning resources to understand our customers' hopes, dreams and goals, and then using top-quality investment money management products and services to implement a plan designed to meet those goals.
"In addition, as Arvest Bank continues to attract new households, AWM is focused on growing our number of financial advisors available in the bank to help more customers find financial solutions for life."