Argent Financial Group Disclosures

Argent Advisors, Inc. Disclosure
Argent Retirement Plan Advisors, LLC Disclosure
Argent Trust Company Disclosure
Argent Trust Company ESOP Disclosure

Argent Advisors, Inc. Disclosure Statement

Argent Advisors, Inc. (“Company”) is an SEC registered investment adviser located in Monroe, Louisiana.    Company may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Company’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links.  Accordingly, the publication of Company’s web site on the Internet should not be construed by any consumer and/or prospective client as Company’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.  Any subsequent, direct communication by Company with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.  For information pertaining to the registration status of Company, please contact the SEC or the state securities regulators for those states in which Company maintains a notice filing.  A copy of Company’s current written disclosure statement discussing Company’s business operations, services, and fees is available from Company upon written request. Company does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Company web site or incorporated herein, and takes no responsibility therefore.  All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by Company), will be profitable or equal any historical performance level(s).

Certain portions of Company’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Company (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date.  Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s).  Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Company, or from any other investment professional. Company is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

Please Note: The scope of any financial planning and consulting services to be provided depends upon the terms of the engagement and the specific requests and needs of the client.  Argent does not serve as an attorney, accountant, or insurance agent. Argent does not prepare legal documents or tax returns, nor does it sell insurance products. If the client desires, one of Argent’s representatives, in their separate individual licensed capacities, can be engaged to provide insurance sales/services as described on Argent’s written disclosure Brochure, per the terms and conditions of a separate engagement and fee.

Argent Retirement Plan Advisors, LLC Disclosure Statement

Argent Retirement Plan Advisors, LLC (“Company”) is an SEC registered investment adviser located in New Orleans, Louisiana. Company may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Company’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Company’s web site on the Internet should not be construed by any consumer and/or prospective client as Company’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Company with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Company, please contact the SEC or the state securities regulators for those states in which Company maintains a notice filing. A copy of Company’s current written disclosure statement discussing Company’s business operations, services, and fees is available from Company upon written request. Company does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Company web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by Company), will be profitable or equal any historical performance level(s).

Certain portions of Company’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Company (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Company, or from any other investment professional. Company is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

Please Note: Argent Retirement does not serve as a law firm nor a certified public accounting firm. Argent Retirement does not prepare legal documents or tax returns.

Please Note: Limitations: Neither rankings and/or recognition by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any designation or certification, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Argent Retirement Plan Advisors, LLC is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers (see link as to participation data/criteria, to the extent applicable). Unless expressly indicated to the contrary, Abbrev did not pay a fee to be included on any such ranking. No ranking or recognition should be construed as a current or past endorsement of Argent Retirement Plan Advisors, LLC by any of its clients. ANY QUESTIONS: Argent Retirement Plan Advisors, LLC’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including providing the criteria used for any reflected ranking.

To the extent that any client or prospective client utilizes any economic calculator or similar interactive device contained within or linked to Company’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any suchcalculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Company, or from any other investment professional.

Each client and prospective client agrees, as a condition precedent to his/her/its access to Company’s web site, to release and hold harmless Company, its officers, directors, owners, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from Company.

Argent Trust Company Disclosure Statement

Privacy Notice: Argent Trust Company (ATC), a Tennessee state trust company, is aware that our customers count on us to place the highest importance on the privacy of personal information and financial dealings with our companies. This information is necessary for us to provide the financial products and exceptional customer service to you. We are providing you with the following information regarding our privacy policy and our commitment to safeguard your personal information.

Confidentiality and Security: We recognize the need for privacy when dealing with personal financial information. We maintain physical, electronic and procedural safeguards that comply with federal standards to store and secure information about you from unauthorized access, alteration and destruction.

Federal law gives consumers the right to limit some, but not all, sharing.  Federal law also requires us to tell you how we collect, share and protect your personal information.  Please read this notice carefully to understand what we do.

Information We Collect: The types of nonpublic personal information we collect and share depend on the product or service you have with us.  This information may include but not be limited to:

  • – Social Security Number
  • – Account Balances
  • – Transaction History
  • – Checking Account Information
  • – Wire Transfer Instructions

We may collect nonpublic personal information about you from the following sources:

  • – Information we receive from you on account applications or other forms.
  • – Information about your transactions with our affiliates, others, or us.

Following are some examples of how we may collect this information:

  • – When you open an account
  • – When you make deposits or withdrawals from your account
  • – When you make a wire transfer
  • – When you show your government-issued ID.

Information We May Share: All financial institutions need to share customers’ personal information to run their everyday business.  In the section below, we list the reasons financial institutions can share their customers’ nonpublic personal information; the reasons we choose to share; and whether you can limit the sharing.

In order to effect, administer, or enforce a transaction requested or authorized by you, the customer, we may share customer information with third party service providers only in accordance with strict confidentiality. We will share information in accordance with applicable law. We do not disclose any nonpublic personal information about you to unaffiliated third parties for them to rent, sell, trade, or for their independent use.

Employee Access to Information: All employees must adhere to ATC’s policy on confidentiality. Employee access to customer information is authorized for business purposes only, and the degree of access is based on the sensitivity of the information and on an employee’s need to know in order to service the customer’s account or comply with legal requirements.

Inactive Customers and Closed Accounts: Should you ever decide to close your account(s) or become an inactive customer at ATC, we will continue to adhere to the privacy policies and practices as described in this notice.

Internet Privacy: Like most websites, ATC’s website gathers and maintains statistics about the number of visitors. However, visitors to our website are anonymous except where registration is required and cookies are used to improve your online experience. ATC does not rent, sell, trade, or otherwise disclose any personal information collected through our website. Any information you provide is for ATC’s use only.

E-Mail: Please do not provide any account or personal information such as Social Security numbers, account numbers, or account balances within your e-mail correspondence to us. We cannot use e-mail to execute transaction instructions, provide personal account information, or change account registration.

Your confidence in us is important and we want you to know that your personal and account information is safe. If you have any questions or concerns, please contact us.

Funds awaiting investment or distribution:  All cash or cash equivalents received for your account are generally invested or swept into a money market fund or other interest bearing investment during the normal course of business. Distributions are removed from the account and from investment and other interest bearing accounts on the business day that distributions are processed. Depending on the timing of the collection of funds received and distributed and the availability of those funds, interest or other income may be earned on funds held for investment, sweep or distribution. Such interest or other income may be paid to ATC. The possibility of the receipt of such interest or other income was a factor in determining the total fees charged to each account or trust.

Mutual Fund Fees:  From time to time, ATC may invest funds in mutual funds, bank deposits or other investments from which ATC may receive financial benefits. These benefits may include receipt of certain fees (such as 12b-1 fees) or other income for providing services to clients of these investments. These benefits may result from shareholder servicing, administrative, and accounting services, by example. The possibility of the receipt of these financial benefits was a factor in determining the total fees charged to each account or trust.

Potential conflict of interest disclosure:  From time to time, ATC may invest funds in deposits of Origin Bank and may receive financial benefits in the form of interest or other income from that bank as disclosed above. Origin Bank’s parent is a minority (less than 10%) stockholder of ATC’s parent and both entities have other mutual contractual relationships. The ownership interests and other relationships may create a conflict of interest. You may write your account officer to request that your account not be invested in Origin Bank deposits.

Please contact your account officer to request current prospectuses or if you have any questions regarding this disclosure.

Class Action Litigation:  ATC employs a third-party vendor for the processing for class actions.  Class Action Settlements will be deposited from each successful claim, less processing fees. 

Important Information About Procedures For Opening A New Account With Argent Trust Company

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you:  When you open an account or establish a trust, we will ask you for your name, address, date of birth (in the case of an individual), taxpayer identification number, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying document in order to verify the information that you have provided to us. We are required by law to attempt to match the information provided by you against lists issued by various governmental agencies to confirm that you are not a known or suspected terrorist or in any way affiliated with a known or suspected terrorist group.

If you have any questions about this process, please discuss them with your account or trust officer or our internal anti-money laundering program coordinator. Thank you for your cooperation and understanding with this process.

Pricing

Pricing for securities traded on the exchange is provided by third party sources.  While sources used for pricing publicly traded securities are considered reliable, the prices displayed on your statement may be based on actual trades, bid/ask information or vendor evaluations.  As such, the prices displayed on your statement may or may not reflect actual trade prices you would receive in the current market.  It is possible prices for certain securities may vary widely at the time of trade execution in comparison to valuation prices displayed for statement purposes.    Securities not traded on an exchange are valued by a variety of sources, which may include issuer-provided or client-provided information.  ATC, including any of its affiliates, does not guarantee the accuracy, reliability, completeness or attainability of any pricing information provided by third party sources.

Objection To Disclosure of Beneficial Ownership

In an effort to permit direct communications between a company which issues securities and the shareholder who votes the securities, the Securities and Exchange Commission (SEC) has adopted a rule, referenced as 14b-1, “Shareholders Communication Act”.

For your protection, the Rule prohibits the requesting company from using your name and address for any purpose other than corporate communications.

ATC is authorized to refuse to disclose the Owner’s name, address, and security position(s) of current and/or future holdings that the Owner(s) may own from time to time pursuant to SEC Rule #14b-1.

Please contact your account officer to request current prospectuses or if you have any questions regarding this disclosure.

Argent Trust Company ESOP Disclosure Statement

Privacy Notice: Argent Trust Company (ATC), a Tennessee state trust company, is aware that our customers count on us to place the highest importance on the privacy of personal information and financial dealings with our companies. This information is necessary for us to provide the financial products and exceptional customer service to you. We are providing you with the following information regarding our privacy policy and our commitment to safeguard your personal information.

Confidentiality and Security: We recognize the need for privacy when dealing with personal financial information. We maintain physical, electronic and procedural safeguards that comply with federal standards to store and secure information about you from unauthorized access, alteration and destruction.

Federal law gives consumers the right to limit some, but not all, sharing.  Federal law also requires us to tell you how we collect, share and protect your personal information.  Please read this notice carefully to understand what we do.

Information We Collect: The types of nonpublic personal information we collect and share depend on the product or service you have with us.  This information may include but not be limited to:

  • – Social Security Number
  • – Account Balances
  • – Transaction History
  • – Checking Account Information
  • – Wire Transfer Instructions

We may collect nonpublic personal information about you from the following sources:

  • – Information we receive from you on account applications or other forms.
  • – Information about your transactions with our affiliates, others, or us.

Following are some examples of how we may collect this information:

  • – When you open an account
  • – When you make deposits or withdrawals from your account
  • – When you make a wire transfer
  • – When you show your government-issued ID.

Information We May Share: All financial institutions need to share customers’ personal information to run their everyday business.  In the section below, we list the reasons financial institutions can share their customers’ nonpublic personal information; the reasons we choose to share; and whether you can limit the sharing.

In order to effect, administer, or enforce a transaction requested or authorized by you, the customer, we may share customer information with third party service providers only in accordance with strict confidentiality. We will share information in accordance with applicable law. We do not disclose any nonpublic personal information about you to unaffiliated third parties for them to rent, sell, trade, or for their independent use.

Employee Access to Information: All employees must adhere to ATC’s policy on confidentiality. Employee access to customer information is authorized for business purposes only, and the degree of access is based on the sensitivity of the information and on an employee’s need to know in order to service the customer’s account or comply with legal requirements.

Inactive Customers and Closed Accounts: Should you ever decide to close your account(s) or become an inactive customer at ATC, we will continue to adhere to the privacy policies and practices as described in this notice.

Internet Privacy: Like most websites, ATC’s website gathers and maintains statistics about the number of visitors. However, visitors to our website are anonymous except where registration is required and cookies are used to improve your online experience. ATC does not rent, sell, trade, or otherwise disclose any personal information collected through our website. Any information you provide is for ATC’s use only.

E-Mail: Please do not provide any account or personal information such as Social Security numbers, account numbers, or account balances within your e-mail correspondence to us. We cannot use e-mail to execute transaction instructions, provide personal account information, or change account registration.

Your confidence in us is important and we want you to know that your personal and account information is safe. If you have any questions or concerns, please contact us.

Funds awaiting investment or distribution:  All cash or cash equivalents received for your account are generally invested or swept into a money market fund or other interest bearing investment during the normal course of business. Distributions are removed from the account and from investment and other interest bearing accounts on the business day that distributions are processed. Depending on the timing of the collection of funds received and distributed and the availability of those funds, interest or other income may be earned on funds held for investment, sweep or distribution. Such interest or other income may be paid to Argent Trust Company. The possibility of the receipt of such interest or other income was a factor in determining the total fees charged to each account or trust.

Mutual Fund Fees:  From time to time, ATC may invest funds in mutual funds, bank deposits or other investments from which ATC may receive financial benefits. These benefits may include receipt of certain fees (such as 12b-1 fees) or other income for providing services to clients of these investments. These benefits may result from shareholding servicing, administrative, and accounting services, by example. The possibility of the receipt of these financial benefits was a factor in determining the total fees charged to each account or trust.

Potential conflict of interest disclosure:  From time to time, ATC may invest funds in deposits of Origin Bank and may receive financial benefits in the form of interest or other income from that bank as disclosed above. Origin Bank’s parent company is a minority (less than 10%) stockholder of ATC’s parent and both entities have other mutual contractual relationships. The ownership interests and other relationships may create a conflict of interest. You may write your account officer to request that your account not be invested in Origin Bank deposits.

Please contact your Trust Officer to request current prospectuses or if you have any questions regarding this disclosure.

Class Action Litigation:  ATC employs a third-party vendor for the processing for class actions.  Class Action Settlements will be deposited from each successful claim, less processing fees. 

Important Information About Procedures For Opening A New Account With Argent Trust Company

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you:  When you open an account or establish a trust, we will ask you for your name, address, date of birth (in the case of an individual), taxpayer identification number, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying document in order to verify the information that you have provided to us. We are required by law to attempt to match the information provided by you against lists issued by various governmental agencies to confirm that you are not a known or suspected terrorist or in any way affiliated with a known or suspected terrorist group.

If you have any questions about this process, please discuss them with your account or trust officer or our internal anti-money laundering program coordinator. Thank you for your cooperation and understanding with this process.

Pricing

Pricing for securities traded on the exchange is provided by third party sources.  While sources used for pricing publicly traded securities are considered reliable, the prices displayed on your statement may be based on actual trades, bid/ask information or vendor evaluations.  As such, the prices displayed on your statement may or may not reflect actual trade prices you would receive in the current market.  It is possible prices for certain securities may vary widely at the time of trade execution in comparison to valuation prices displayed for statement purposes.    Securities not traded on an exchange are valued by a variety of sources, which may include issuer-provided or client-provided information.  

Objection To Disclosure of Beneficial Ownership

In an effort to permit direct communications between a company which issues securities and the shareholder who votes the securities, the Securities and Exchange Commission (SEC) has adopted a rule, referenced as 14b-1, “Shareholders Communication Act”.

For your protection, the Rule prohibits the requesting company from using your name and address for any purpose other than corporate communications.

ATC is authorized to refuse to disclose the Owner’s name, address, and security position(s) of current and/or future holdings that the Owner(s) may own from time to time pursuant to SEC Rule #14b-1.

Please contact your Trust Officer to request current prospectuses or if you have any questions regarding this disclosure.

Dormancy Service Charges

As provided in the Tenn. Code Ann. Section 66-29-133, a dormancy service charge of up to $5.00 per month may be assessed by Argent for any unclaimed property required to be paid or delivered to the Treasurer of the State of Tennessee.

Argent provides trustee, paying agency, custodial and accounting services to retirement plans.  Argent maintains and performs its own back office processing and custody activities.  As a part of Argent’s overall operating structure in performing these services, Argent may receive and retain for its own account, as additional compensation, any earnings (i.e., “float”) on amounts received from plan assets and new contributions before such amounts are invested, on amounts held pending distribution, and on disbursements made by check until the check is cleared by the bank on which the check is drawn (or, in the case of an un-cashed check, until the check is returned to Argent and the funds otherwise distributed). Specific information concerning the time frames during which float earnings may be realized by Argent and rates at which earnings on float are expected to accrue to Argent are as follows:

  1. Contributions and Purchases: If Argent receives your payroll contributions by pre-authorized ACH (Automated Clearing House) debit to your bank account, such contributions will generally be invested by the close of business on the business day following receipt of such funds and corresponding investment instructions. If you (or your agent) transmits funds to Argent by wire transfer, ACH or check, such funds will generally be invested by the close of business on the second business day following receipt of such funds and investment instructions.  Float earnings will accrue to Argent on funds received from the date of deposit with Argent until the date the monies are disbursed (generally by wire transfer) in settlement of investment purchases in your account.
  2. Distributions and Sales: Funds received from sales of investments will generally be disbursed, or if Argent has received reinvestment instructions, reinvested, by the close of business on the business day following funds availability. In the case of disbursements by check, the float period begins on the date the check is written and ends when the check is cleared by the bank on which the check is drawn (or, in the case of an un-cashed check, when the check is returned to Argent and the funds otherwise distributed).  Argent will generally issue checks by the close of business on the second business day following receipt of available funds and complete payment instructions.  Typically, a disbursement check is mailed on the same day it is written.