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Wealth Management

We’ve teamed up with Pinnacle Trust to provide comprehensive wealth management services exclusive to our customers.

Community Wealth Management

In August 2014, Community Bank teamed up with Pinnacle Trust to incorporate Community Wealth Management (CWM) — a comprehensive wealth management service.

 

Community Bank’s goal is to provide an ever-expanding range of financial services, including services delivered with the personal attention and friendly environment that our customers expect and deserve.

 

Pinnacle Trust is one of Mississippi’s fastest growing wealth management companies, and its only independent trust company. With approximately $800 million in assets under management, Pinnacle Trust provides comprehensive financial solutions for clients in 23 states.

 

Community Wealth Management services include asset management, financial planning and trust services throughout the Community Bank system.

 

cwm-logo

Services

Asset Management

Our investment process begins by evaluating where we are in both the cyclical and secular cycles. This assessment becomes the basis for our strategic asset allocation – in other words, how your portfolio should be allocated between stocks, bonds, cash and other investments. We then deploy top-tier institutional money managers to fill each of these asset classes.

 

Utilizing some of the best independent research in the world, we follow-up by running a tactical overlay on your portfolio. Non-correlated asset classes and strategies are utilized to limit volatility and boost long-term returns. Finally, we emphasize tax efficiencies by using IRAs and other qualified accounts to hold assets that produce significant taxable income. In your taxable accounts, we do loss harvesting to limit capital gains. These efforts aid in compounding your returns over time.

Financial Planning

As you meet with our team, we will work with you to discover where you are in life’s journey, and dedicate ourselves to helping you achieve what you want for the future. Our wealth management team will help you minimize risk, review your tax situation, address your investment goals, and plan for your future retirement and legacy.

Trust Services

After a lifetime of hard work, you want to protect your assets as they pass to your heirs. Trusts can be an efficient way to help protect your family’s future and provide for the well-being of your beneficiaries.

Corporate Retirement Plans

Changes in regulations and increased scrutiny from the Department of Labor and IRS have put significant pressure on employer sponsored retirement plans. Many employers find it burdensome and difficult to comply with their fiduciary responsibilities. In some cases employers do not even realize what their responsibilities are and the potential actions that can be taken against them.

 

Pressure on investment advisors to take a fiduciary role on plans (thus to act in the best interest of the plan and its participants) is forcing advisors and financial services firms to either be “in” or “out” of the retirement plan business.

 

After analyzing the pressures on both employers and financial services firms, as well as the current retirement crisis in America, we decided to make a substantial commitment to the retirement plan business. We did so by recruiting some of the industry’s best talent and forming a team that can serve both plan sponsors and their participants. Our mission is to serve plan sponsors by aiding them in fulfilling their fiduciary duties while preparing plan participants for a secure retirement.

Learn More

We encourage all customers to learn more about the services offered, and discover all the ways they can personally benefit from interactive consultation. Our Community Wealth Management team, with proven experience, can help you approach any financial hurdle and tailor solutions to fit your personal situation and desires.

 

Contact your local Community Bank to learn more about what Community Wealth Management can do for you.

The Team

Portrait of Stacey Wall

Stacey Wall

Chief Executive Officer

D. Patrick Franklin

EVP & Chief Operating Officer

Beth McGaugh

Chief Financial Officer

David Russell

Senior Vice President of Wealth Management

Portrait of Jeremy

Jeremy Nelson

Chief Investment Officer

Portrait of Hale Dees

Hale Dees

Financial Advisor

Portrait of Gerry Mitchell

Gerry Mitchell

Financial Advisor

Portrait of Lance Hester

Lance Heisler

Corporate Retirement Plan Consultant

Cris Dockery

Corporate Retirement Plan Consultant

Reid Davis

Wealth Strategist

Portrait of Martin Palomo

Martin Palomo

Wealth Strategist

Portrait of Lessie Evans

Lessie Evans

Relationship Manager

Alan McAfee

Financial Advisor

Not FDIC Insured – No Bank Guarantee – May Lose Value

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“From the tellers to the loan officers, Community Bank employees are welcoming and knowledgeable. And in today’s high speed lifestyles it’s nice having Community Bank’s electronic banking, which is hands down the most functional and easiest to use. The mobile banking app is so simple to navigate. From making mobile check deposits, to sending someone a payment using the P-2-P system from my mobile phone–it’s simple and convenient!”

— Matt, Community Bank customer in Mississippi