The broker-dealer subsidiary of Centura Banks Inc., Rocky Mount, N.C., plans to unveil a mutual fund wrap account on Aug. 1.

The product, called the Centura Securities Adviser Account, includes funds from SEI Investments Co. and the bank's proprietary fund family, Centura Funds. It requires a minimum investment of $100,000, said Ed Hipp, president and CEO of Centura Securities Inc., which has $1.2 billion of assets under management.

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