First Financial Bank N.A., a wholly owned subsidiary of Abilene, Texas-based First Financial Bankshares Inc., said June 13 it has entered into a new brokerage relationship with Raymond James Financial Services Inc.
Raymond James is one of the largest investment banking firms that services more than 2.7 million investment accounts worldwide.
Current customers will continue to be served by existing brokerage advisers who will help transition accounts to Raymond James. The bank offers investment and insurance products under the name First Financial Brokerage Services.
“We are excited to announce this new alliance with Raymond James,” said Ron Butler, executive vice president and chief administrative officer. “We believe this will allow us to enhance our commitment to our customers by providing them access to more innovative financial solutions along with an outstanding service experience.”
First Financial Bank N.A., operates multiple banking regions with 69 locations in Texas. First Financial Bankshares Inc. also owns First Financial Trust & Asset Management Company N.A., with nine locations in Texas.
First Financial Bankshares Inc. is listed on NASDAQ under the trading symbol FFIN.