US-based Benchmark Bank has established a new private wealth management subsidiary, which will be led by Wayne McCullough and Keith Beckman.
Called Benchmark Private Wealth Management, the new division will operate as a wholly owned subsidiary of Benchmark Bank and a registered investment advisor.
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Currently, Beckman serves as senior vice president and director of special projects for Benchmark Bank and will assume the role of managing partner at Benchmark Private Wealth Management.
Previously, Beckman served as senior vice president at CSG Investments, portfolio manager at Highland Capital Management and senior analyst for Richmond Investment Advisors.
McCullough will join Beckman as managing partner, as well as serving as president of Benchmark Private Wealth Management.
Prior to this, McCullough served as managing director of Kayne Anderson Capital Advisors and private wealth management specialist with Deutsche Bank.
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By GlobalDataAdditionally, Rawles Bell will also join alongside Beckman and McCullough as associate director and client advisor at Benchmark Private Wealth Management.
Mike Barnett, CEO and chairman of Benchmark Bank, said: "The addition of Private Wealth Management services is a natural progression in the growth of the Benchmark family of companies and will allow us to more completely serve the financial needs of our customers.
"McCullough and Beckman will provide the expertise, advice and counsel that our clients demand and will further strengthen our relationships within the community."
