BOK Financial has closed the acquisition of Weaver Wealth Management from Texas based-Weaver and Tidwell Financial Advisors.
The acquisition is expected to boost BOK Financial’s assets under management (AUM) and administration by $320m.
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The transaction will also expand BOK’s wealth management presence in Texas.
Financial terms of the deal, which was initially announced in January 2016, were not disclosed.
BOK Financial is a $31 billion regional financial services firm which provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network through its subsidiaries.
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