(GREENVILLE, S.C.) United Community Banks, Inc. has announced that its Advisory Services division will be expanding through the acquisition of FinTrust Capital Partners, LLC and its operating subsidiaries.
FinTrust is a 13-year-old employee-owned investment advisory firm headquartered in Greenville, South Carolina, with additional locations in Anderson, South Carolina, and Athens and Macon, Georgia.
The firm provides wealth and investment management services to individuals and institutions within its markets. As of March 31, 2021, FinTrust had assets under management of $2.0 billion across its advisory, retirement planning, and brokerage businesses.
United’s Chairman and CEO Lynn Harton stated, “Our investment advisory business has grown organically over the past several years and was expanded in 2020 with a broader product offering with the acquisition of Seaside and their wealth management business. The addition of FinTrust, a strong and growing Registered Investment Adviser, continues the expansion of our product offerings and gives us additional opportunities to provide a full range of financial services to our customers.
