Slideshow 2014's Fastest-Growing Bank Wealth Management Programs

Published
  • April 27 2015, 7:51am EDT
13 Images Total

2014's Fastest-Growing Bank Wealth Management Programs

Wealth management businesses at banks across the nation reeled in a record $143.2 billion in revenue in 2014, up 6.5% from 2013 and the most they've ever produced since tracking of the data started in 2007, according to the latest Sorrento-Pacific – Michael White Bank Wealth Management Report.

Of the 576 bank wealth management programs, 478 earned a minimum of $250,000. Of those, 375 grew revenue from 2013, with 44.6% achieving double-digit gains and 19.5% surging 20% or more. Here are the 12 who grew the most.

Read the full story here or see a single-page version of this story here. -- Margarida Correia

April 24, 2015

2014's Fastest-Growing Bank Wealth Management Programs

First Dakota Financial Corp. (S.D.)
Rank: 12
2014 Wealth Management Fee Income: $3.8 million
% Increase From 2013: 65%
Bank Assets: $1.1 billion

Content Continues Below


2014's Fastest-Growing Bank Wealth Management Programs

Three Shores Bancorp. (Fla.)
Rank: 11
Wealth Management Fee Income: $2.1 million
% Increase From 2013: 67%
Bank Assets: $1.1 billion

2014's Fastest-Growing Bank Wealth Management Programs

Citizens National Corp. (Ky.)
Rank: 10
2014 Wealth Management Fee Income: $441,000
% Increase From 2013: 68%
Bank Assets: $569 million

2014's Fastest-Growing Bank Wealth Management Programs

Red River Bancshares (La.)
Rank: 9
Wealth Management Fee Income: $927,000
% Increase From 2013: 72%
Bank Assets: $1.4 billion

Content Continues Below


2014's Fastest-Growing Bank Wealth Management Programs

Union Bankshares Corp. (Va.)
Rank: 8
2014 Wealth Management Fee Income: $9.0 million
% Increase From 2013: 74%
Bank Assets: $7.4 billion

2014's Fastest-Growing Bank Wealth Management Programs

Franklin Financial Network (Tenn.)
Rank: 7
1Q 2014 Wealth Management Fee Income: $1.0 million
% Increase From 2013: 74%
Bank Assets: $1.4 billion

2014's Fastest-Growing Bank Wealth Management Programs

United Financial Bancorp (Conn.)
Rank: 6
2014 Wealth Management Fee Income: $1.8 million
% Increase From 2013: 81%
Bank Assets: $5.5 billion

Content Continues Below


2014's Fastest-Growing Bank Wealth Management Programs

Capital Bank Financial Corp. (Fla.)
Rank: 5
2014 Wealth Management Fee Income: $4.5 million
% Increase From 2013: 87%
Bank Assets: $6.8 billion

2014's Fastest-Growing Bank Wealth Management Programs

Cadence Bancorp (Texas)
Rank: 4
2014 Wealth Management Fee Income: $32.5 million
% Increase From 2013: 106%
Bank Assets: $7.9 billion

2014's Fastest-Growing Bank Wealth Management Programs

Access National Corp. (Va.)
Rank: 3
2014 Wealth Management Fee Income: $1.9 million
% Increase From 2013: 117%
Bank Assets: $1.1 billion

Content Continues Below


2014's Fastest-Growing Bank Wealth Management Programs

Prosperity Bancshares (Texas)
Rank: 2
2014 Wealth Management Fee Income: $14.0 million
% Increase From 2013: 125%
Bank Assets: $21.5 billion

2014's Fastest-Growing Bank Wealth Management Programs

United Community Bancorp (Ill.)
Rank: 1
2014 Wealth Management Fee Income: $3.0 million
% Increase From 2013: 169%
Bank Assets: $1.7 billion