Contact: Sarah Warren, Director of Marketing
Argent Financial Group | 318.251.5812
RUSTON, Louisiana, Aug. 28, 2019 – Argent Financial Group, a leading independent fiduciary wealth management firm, today announced that Linde Murphy, managing director with Argent Retirement Plan Advisors, has been elected to the board of governors Small Firm Seat for the Financial Industry Regulatory Authority (FINRA).
Murphy, who is based in San Antonio, Texas, will serve a three-year term for FINRA, a not-for-profit organization dedicated to investor protection that regulates how brokerage firms conduct business with the public in the United States. She is serving on the board as a principal of M.E. Allison & Co., Inc., which is a small broker/dealer based in San Antonio.
“Small firms are critically important to serving customers across the country, from retail to institutional to investment banking services and more,” said Murphy. “I look forward to representing these companies at the Board level and working for positive changes. I’d like to thank the small-firm community for this honor and for casting their vote. Now it’s time to get to work.”
“Linde’s extensive experience and passion for our industry will be a tremendous resource for FINRA,” said Kyle McDonald, CEO of Argent Financial Group. “We are grateful for the opportunity for Linde to be on the board of governors and to provide invaluable insight into how FINRA can successfully navigate an increasingly complex industry.”
FINRA is overseen by a 24-member board of governors, the majority of whom are public members. The industry governors include three from large firms, one from medium-size firms, three from small firms, one floor member, one independent dealer/insurance affiliate and one investment company affiliate. FINRA Governors are appointed or elected to three-year terms and may not serve more than two consecutive terms.
About Argent Financial Group
Argent Financial Group (AFG) is a leading independent fiduciary wealth management firm. Responsible for more than $21 billion in client assets, AFG provides individuals, families, institutions and businesses with a broad range of wealth management services including trust administration and related services, investment management, family office services, retirement plan and charitable organization administration, mineral (oil and gas) management, and financial, retirement and estate planning. The company was also recently named for the second year in a row to the Inc. 5000 list of the fastest-growing companies in the U.S. AFG is the only financial services company in Louisiana to make the prestigious list. For more information, visit www.argentcares.com.
FINRA is a not-for-profit organization dedicated to investor protection and market integrity. It regulates one critical part of the securities industry – brokerage firms doing business with the public in the United States. FINRA, overseen by the SEC, writes rules, examines for and enforces compliance with FINRA rules and federal securities laws, registers broker-dealer personnel and offers them education and training, and informs the investing public. In addition, FINRA provides surveillance and other regulatory services for equities and options markets, as well as trade reporting and other industry utilities. FINRA also administers a dispute resolution forum for investors and brokerage firms and their registered employees. For more information, visit www.finra.org.