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In-store branches are a good example of the quandaries in retail banking. BOK Financial calls them outdated and has decided to ditch them, but Huntington and Fifth Third say they are high-volume sources of new accounts.
November 17 -
BOK Financial Corp. (BOKF) in Tulsa, Okla., has agreed to buy MBM Advisors, a wealth management firm based in Houston.
March 7 -
BOK Financial in Tulsa, Okla., reported quarterly earnings that held steady as higher fee revenues offset rising operating expenses.
October 29
BOK Financial in Tulsa, Okla., has hired the wealth management team of Denver Retirement Partners.
The $29 billion-asset BOK said in a press release Monday that the team which specializes in asset management for high-net-worth and mass-affluent clients will join BOK Financial Advisors, the investment advisory unit for its BOSC broker/dealer subsidiary. The group brings with it $230 million in assets under management.
"This is a special partnership for us because it means we'll have more expertise on the complex insurance side, which is an area our clients need and we want to grow," BOSC Chief Executive Scott Grauer said in the release.
