National Commerce Bancorp. is planning to acquire Brooks, Montague & Associates, becoming the third major southeastern bank to buy an asset management firm in the past three months.

Brooks, Montague & Associates, an investment adviser based in Chattanooga, Tenn., will be part of Memphis-based NCBC's Asset Management Group but will retain its name and employees and continue to operate independently.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.