Birmingham, Alabama, October 14, 2016 – Kyle McDonald, Chairman of Argent Financial Group, and Ken Alderman, President of Argent Trust Company and Argent Timberland Group, announced today that Charlie Daniel will join Argent Timberland Group as Managing Director, Acquisitions.
Argent Timberland Group, announced on October 3, is a new service offering for institutions, high net worth individuals and family offices. Argent previously brought on timberland investment veterans Jim Webb, RF and Michael Shearer, CF to lead this group, focusing on acquiring and managing timberland assets which meet investors’ needs and providing outstanding client service. Argent Timberland is supported by the full staff of Argent Trust Company and its parent, Argent Financial Group, for accounting, auditing, fiduciary controls, compliance, and legal support.
Charlie Daniel has a long history in the timberland investment management sector as well as the forest products industry. Following a career with Proctor & Gamble he joined Wachovia Timberland Group, and in 2004 Charlie became President and Chief Investment Officer of Regions Timberland Group. Charlie led the business as AUM increased from $1.0 billion to over $2.2 billion in 2013.
Charlie brings a full array of experience in timberland acquisitions, along with a vast network of industry contacts. He has worked on four continents, including the southern and eastern US and the Appalachian hardwood region, and Latin America. He is a client oriented manager who understands the investment importance of making good acquisitions.
“There is no better person than Charlie Daniel to lead the acquisitions effort for this group,” said Ken Alderman, President of ATG. “Charlie brings all the pertinent skills and networking needed to locate, evaluate, and close on investment grade properties for our investors. We are excited and extremely pleased to announce Charlie as a key member of this new group.”
Contact: Brooks Campany
Argent Financial Group, Inc.
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