Argent’s History

Argent Financial Group, Inc. was formed in 1990 as The Trust Company of Louisiana, a subsidiary of Heritage Financial Corporation and successor to Ruston State Bank’s Trust Department, formed in 1930.

In 1991, a management-led group of investors purchased The Trust Company of Louisiana from Heritage. In 2000, after a decade of growth and the addition of several wholly-owned subsidiaries providing an expanded range of financial services, Argent Financial Group, Inc., was formed as a holding company with no ownership change. Also in 2000, the original Louisiana state trust charter was converted into a national trust charter, establishing what is now Argent Trust Company, N.A..

Expanding further geographically, in 2009, Argent acquired a Tennessee state trust company, now known as Argent Trust Company. In 2011, Argent acquired Memphis-based Sector Capital Management, LLC, an SEC registered investment advisory firm.  In 2012, Argent merged Sector Capital with its own investment management team creating Argent Sector Capital Management.

During 2012, Argent negotiated four merger or acquisition transactions that when completed double the size of the firm.  The first of these, a merger with Highland Capital Management of Memphis, closed in late 2012.  In February 2013, Argent completed a transaction with The Trust Company, a Texas state trust company domiciled in San Antonio.  The Trust Company will operate as a separate subsidiary of Argent.

Building from its original management team and core staff, Argent Financial Group today employs more than 120 professionals with prior experience at banks, trust companies, brokerage firms, insurance agencies, investment management firms and other businesses.  Argent is privately owned, with management and staff comprising a large component of its stockholder base.

About

Argent Financial Group

Celebrating its 30th anniversary in 2020, Argent Financial Group (Argent) is a leading, independent, fiduciary wealth management firm. Responsible for more than $30 billion in client assets, Argent provides individuals, families, businesses and institutions with a broad range of wealth management services, including trust and estate administration, investment management, ESOPs, retirement plan consulting, funeral and cemetery trusts, charitable organization administration, oil and gas (mineral) management and other unique financial services. Headquartered in Ruston, Louisiana, Argent was formed in 1990 and traces its roots back to 1930.

Latest News & Resources

Insights

The Morning View: September 16, 2020

The Morning View: September 16, 2020

BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager Announced this morning, Retail Sales for August increased 0.6%, less than expected. Strength occurred in food service & drinking places as well as clothing businesses, while stores for sporting goods,...

Argent Employee Spotlight – Dominique Richard

Argent Employee Spotlight – Dominique Richard

Q. What led you to Argent and what makes it unique? A. Towards the end of 2018, an employee in Argent’s Shreveport office (who I previously worked with at another firm) recommended Argent to myself and another former colleague in Baton Rouge. After several emails,...

The Morning View: September 11, 2020

The Morning View: September 11, 2020

BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager Announced this morning, the Consumer Price Index (CPI) increased 0.4% in August and has increased 1.3% on an annual basis, both slightly more than expected. Used Cars & Trucks saw large price...

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