Ken joined Argent Trust in 2016 with the opening of our Birmingham office. In his role as President of Argent Trust Company, he will create additional synergies and efficiencies for all seven of Argent Trust’s locations and implement other growth strategies. In addition, he will lead the Birmingham office in its client service efforts. Alderman has a distinguished and experienced background in executive management, trust administration, trust investments, wealth management, accounting and education. Alderman practiced public accounting for six years specializing in tax advice to wealthy clients before entering banking. He retired as Executive Vice President, Director of Institutional Services, from Regions Bank in 2015. His responsibilities included overseeing $60 billion in institutional client assets. He also served Regions Wealth Management Group as its senior investment officer where he oversaw the investment management of $24 billion in discretionary assets.
In addition to his role as President of Argent Trust Company, he also serves as President of Argent Timberland Group. Prior to his time at Argent, Ken led the acquisition of the Timberland Investment Management business from Wachovia Bank in 2004. He successfully retained all the leadership, diversified the revenue stream, grew the business substantially and led the divestiture of the business for Regions in 2013.
Alderman is a Certified Public Accountant, Florida and Alabama (the latter inactive). Early in his career Alderman was published in The Practical Accountant, Journal of Accountancy, Management Accounting and The Southern Business and Economic Journal. Additionally, he has eleven years experience teaching at the college level, has presented on economic, tax and investment topics to many groups and has conducted numerous continuing education and training classes. Most recently Alderman acted as an adjunct professor of Finance at Samford University. Alderman was honored to Chair the Trust Management Association in 2005-2006 representing the 50 largest trust institutions in the U.S. Further, he was extremely honored to receive the Trust Career Award from the Alabama Bankers Association in 2008
Alderman holds a B.S. in Business Administration, Accounting Major, from Auburn University and a Master of Business Administration degree from Florida State University. He is a graduate of the National Graduate Trust School and is a Chartered Financial Analyst.
Active in his community, Alderman serves on the board of Junior Achievement and has served on the board of the Alabama Ballet and the Alabama Council on Economic Education. He is a member of the American Institute of CPAs, the Alabama Society of CPAs, the CFA Institute and Birmingham Estate Planning Council.