Retail Brokerage Recruits Leading Talent and Expands Community
PORTLAND, Ore.--(BUSINESS WIRE)--
Investments Inc., a retail brokerage subsidiary owned by Umpqua
Holdings Corporation (NASDAQ:UMPQ), has grown significantly since
January with the addition of 27 experienced financial advisers whose
collective revenue exceeds $8.5 million annually. As a result of this
growth, total assets under its management have increased from $1.2
billion to more than $2.4 billion in the same time frame. In addition,
the firm has hired 12 experienced staff members to provide the high
level of personalized customer service people have come to expect from
the Umpqua name. The firm is also looking to expand its presence
by opening additional offices within Umpqua's footprint throughout the
next three to five years.
"The industry has undergone tremendous change during the past year and
we believe that we are uniquely positioned to offer comprehensive full
service capabilities coupled with local leadership and decision making,"
said John Noble, Umpqua Investments president and CEO. "We've attracted
a team of dedicated professionals who are focused on being the best in
class in an industry that is rapidly changing, and I am confident that
we are well positioned for strategic and thoughtful growth."
"As an organization, Umpqua Investments focuses on the unique
relationship between our clients and financial advisors," said Jeani
Winterbourne, director of business development for Umpqua Investments.
"We work together to identify the needs of our clients and then develop
and implement financial plans to meet those needs."
New Umpqua Investments Financial Advisors:
-- John Bacialli
-- David Balk
-- Tony Barbisan
-- Jeffrey Crouch
-- Gregory Dostert
-- Perry Dulong
-- Douglas E. Eikenberry
-- Evan Hershey
-- Mark Hwee
-- Russell H. Jacobsen
-- Brian Joelson
-- Jeffrey Kantor
-- Collin Lindsey
-- Justin Lindsey
-- Douglas Lindsey
-- Dennis Lowenthal
-- Omar Marquez
-- William McShane
-- Daniel Murphy
-- Donald E. Murray
-- Tinh Nguyen
-- Duane Rodewald
-- Kevin Sahli
-- David Stockton
-- Donald Vanderlaag
-- John Vanscholten
-- Kevin Wilson
Umpqua Investments plans to hire at least three additional financial
advisors before year end. Formerly known as Strand, Atkinson, Williams &
York, Umpqua Investments has served clients in the Pacific Northwest for
more than 80 years, providing a full-range of investment brokerage
About Umpqua Investments
Umpqua Investments, Inc., formerly Strand, Atkinson, Williams & York
Inc., was founded in Portland, Ore., in 1928. As a subsidiary of Umpqua
Holdings Corporation, Umpqua Investments is a full-service investment
brokerage with access to every trading market and 15 offices in Oregon
and Northern California. Umpqua Investments, Inc. is not a bank.
Securities offered by Umpqua Investments are not insured by the FDIC or
any other federal government agency, are not a bank deposit or bank
obligation and are not backed or guaranteed by any bank. All securities
involve risk, including possible loss of principal. Member FINRA/SIPC.
For more information, visit: www.umpquainvestments.com.
About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company of
Umpqua Bank, an Oregon-based community bank recognized for its
entrepreneurial approach, innovative use of technology, and distinctive
banking solutions. Umpqua Bank has 153 locations between Napa, Calif.,
and Bellevue, Wash., along the Oregon and Northern California Coast and
in Central Oregon. Umpqua Holdings also owns a retail brokerage
subsidiary, Umpqua Investments Inc., which has locations in Umpqua Bank
stores and in dedicated offices in Oregon. Umpqua Bank'sPrivate Bank
Division provides tailored financial services and products to individual
customers. Umpqua Holdings Corporation is headquartered in Portland,
Ore. For more information, visit www.umpquaholdingscorp.com.
Source: Umpqua Investments, Inc.