Florida Community Bank launched an investment program and chose Raymond James as its broker dealer, according to an announcement from the two companies.
Florida Community is a result of acquisition. The parent company, Bond Street Holdings, bought eight community banks, creating the fifth-largest independent bank in the state. Now a statewide presence, it has $3.2 billion in assets and 41 full-service branches in Florida. According to the new arrangement, Raymond James will send one advisor to join the bank and represent the program to clients and prospects at several locations.
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