Pinnacle Financial Partners Opens First Full-service Office in Huntsville

Nashville-based bank adds 5 veteran finance professionals

Pinnacle Financial Partners, a bank based in Nashville, TN, has cemented its foothold in Huntsville with the opening of its first local full-service office and expansion of the team that will serve Madison County.

Pinnacle’s Huntsville location at 300 Randolph Ave. SE is open and ready to offer a full suite of financial services, including deposits and cash transactions. Joining Pinnacle at this office are five veteran financial services professionals who will help serve clients’ personal wealth and mortgage needs.

“Pinnacle has taken off like a rocket in Huntsville, and it feels good to offer the full range of services a business owner could need right here in our own office,” said Jason Baldwin, Pinnacle’s regional president in Huntsville. “Each of the associates we’ve brought on board is here for specific reasons. They are among the best financial services professionals in the state, and they can deliver the model of unparalleled service and advice that Pinnacle offers. That’s the foundation of what our bank does and why we’re so excited to bring it to Alabama.”

Joining Pinnacle’s founding team in Huntsville, who launched in June, is a group of talented and experienced financial professionals who will deliver a diverse array of services for personal finance, small business, commercial and wealth management needs.

• Bob Smith is a financial consultant with Pinnacle Asset Management and Raymond James serving clients’ financial planning and investment needs.
• Beverly Upton is a sales assistant with Pinnacle Asset Management and Raymond James working directly with clients alongside Smith.
• Chad Montgomery is a mortgage advisor offering home loans.
• Christy Humbert is a mortgage advisor assistant supporting clients alongside Montgomery.
• Jeanne Law is a financial advisor assistant helping support small business and commercial clients.

Baldwin continued, “We started in Huntsville with a team of 13, but we knew we’d have to grow quickly to keep up with all the demand in our community. The economy in North Alabama is on fire, with businesses expanding and a building pool of personal wealth. We need a bank like Pinnacle to fill the gap between the out-of-town megabanks and the smaller community institutions with more limited capabilities. We’ll keep hiring all the top talent we can find to expand our reach. It’s already getting tight in this new office, but that won’t slow us down.”

Pinnacle’s office on Randolph Avenue SE includes 4,400 square feet of office and meeting space to house its growing team and client base. It includes a front-line desk for clients’ day-to-day needs, as well as private offices for associates and a conference room. Later in the fall, an ATM will be available on site.

 

New Additions to Team Pinnacle in Huntsville

Bob Smith, Financial Consultant
Smith joins Pinnacle Asset Management with 34 years of experience in financial services. He started his career at Central Bank of the South and also spent time at BBVA Compass. For the last several years, Smith has served clients’ financial planning and investment needs at BBVA Compass Investment Solutions. He specializes in portfolio analysis, financial planning strategies and securities sales. He earned his bachelor’s degree at Auburn University and holds series 7, 52, 63 and Alabama insurance licenses. He is a Certified Financial Planner™ (CFP®) and Certified Retirement Counselor® (CRC®).

Pinnacle Asset Management is a division of Pinnacle Financial Partners. Financial advisors partner with Raymond James Financial Services, Inc. to provide advice and services to businesses and individuals with significant investment needs. They have access to the full suite of investment products offered by Raymond James and serve clients from offices across Pinnacle’s footprint.

Beverly Upton, Sales Assistant
Upton has 13 years of experience and also joins Pinnacle from BBVA Compass, where she was a sales assistant. Prior to that, she spent nine years at Southwestern Investment Group managing the office and working in client service. Upton earned her bachelor’s degree at the University of Arkansas.

Chad Montgomery, Mortgage Advisor
Montgomery, with 16 years of financial services experience, joins Pinnacle in Huntsville as a mortgage advisor. He spent all of that time at BBVA Compass, where he was among the top mortgage producers in the company. Montgomery helped clients with home loans, coached other mortgage officers and led internal education events on increasing mortgage production. He earned his bachelor’s degree from Northern Arizona University.

Christy Humbert, Mortgage Advisor Assistant
Humbert comes to Pinnacle with 16 years of experience, most recently as a mortgage sales assistant and processor at BBVA Compass, where she also served as a real estate coach and loan officer.

Jeanne Law, Financial Advisor Assistant
Law is a financial advisor assistant with 16 years of experience in finance, all at BBVA Compass. She was most recently a relationship support specialist working closely with relationship managers and the market president.

 

About Pinnacle Financial Partners
The team at Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The company earned a spot on FORTUNE’s 2021 list of the 100 Best Companies to Work For^® in the U.S., its fifth consecutive appearance. American Banker recognized Pinnacle as one of America’s Best Banks to Work For eight years in a row and No. 1 among banks with more than $10 billion in assets in 2020.

Pinnacle entered Alabama in the summer of 2021 by hiring a team of local financial services professionals to open offices in Huntsville and Birmingham.

The firm began operations in a single location in downtown Nashville, TN, in October 2000 and has since grown to approximately $35.4 billion in assets as of June 30, 2021. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 14 primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

 

About Raymond James Financial Services, Inc.
Raymond James Financial Services, Inc., is a financial services firm supporting more than 7,500 independent financial advisors nationwide. Since 1974, Raymond James Financial Services, Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), a leading diversified financial services company with approximately 7,500 financial advisors in 3,000 locations throughout the United States, Canada and overseas. Total client assets are approximately $727 billion.

About the Financial Institutions Division of RJFS
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment products are: not deposits, not FDIC insured, not insured by any government agency, not bank guaranteed, subject to risk and may lose value. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Pinnacle Financial Partners, Pinnacle Asset Management and Pinnacle Bank are not registered broker/dealers and are independent of Raymond James Financial Services. Located at 150 3^rd Avenue South, Nashville, TN, 37201, (615) 690-1417.