Metropolitan National to acquire Waschka firm.The Little Rock investment firm founded by Larry Waschka, who drowned during a vacation to Mexico earlier this month, will become part of Metropolitan National Bank's wealth management division, the two companies announced last week.
Terms of the deal were not announced by either of the privately held businesses.
In a press release, Waschka's widow, Jessica Waschka, said Metropolitan was chosen "strategically ... to ensure the firm's business principals would be continued."
Jessica Waschka had announced shortly after her husband's death the appointment of a board of advisers to help her decide what to do with 14-year-old Waschka Capital Investments.
Angie Johnson, a member of Waschka's senior management team and a certified financial planner Certified Financial Planner (CFP)
A person who has passed examinations accredited by the Certified Financial Planner Board of Standards, showing that the person is able to manage a client's banking, estate, insurance, investment, and tax affairs. ; Charles Martin For other persons named Charles Martin, see Charles Martin (disambiguation).
Charles Martin, a noted poet, critic and translator, was born in New York City in 1942 and grew up in the Bronx. He graduated from Fordham University and received his Ph.D. , a chartered financial analyst Chartered Financial Analyst (CFA)
An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. and Ph.D. in financial economics; and the rest of Waschka's staff will join Metropolitan when the merger is finalized on Dec. 1.
Metropolitan's Wealth Management Division is headed by Gene Jennings and Tom Carlson Tom Carlson (born December 9 1941 in Holdrege, Nebraska) is a Nebraska state senator from Holdrege, Nebraska, United States, in the Nebraska Legislature. He is also a financial advisor in Holdrege. Personal life
He was born on December 9, 1941, in Holdrege, Nebraska. .
"Waschka's client-centered, fee-only approach to wealth management will continue at Metropolitan," said Lunsford W. Bridges, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Metropolitan. "We are excited to add the level of expertise Waschka's employees will bring to our organization and will carry on the same tradition of excellence to which Waschka's clients have become accustomed."