BOK Financial to Offer Trust Services to Commonwealth Financial Network Advisors

TULSA, Okla.--()--BOK Financial has announced a strategic partnership with Commonwealth Financial Network (“Commonwealth”) to offer expanded trust services to its clients. Commonwealth, the nation’s largest privately held independent broker/dealer-RIA, supports independent advisors nationwide in serving their clients. With this new alliance, Commonwealth enhances their service offering with BOK Financial’s diverse trust solutions.

The partnership allows certain Commonwealth advisors to further meet a variety of client needs by providing objective trust solutions, including personal trusts, charitable and philanthropic trust administration, special needs trusts, court created trusts, account settlement and administration, executor or co-executor management and probate management.

“We are pleased to partner with BOK Financial,” said Rose Watson, manager of advanced planning at Commonwealth. “Whether our advisors have complex family concerns, or their clients are simply looking for an experienced, client-focused trustee, we believe that BOK Financial can offer a solution. BOK Financial enhances our advisors’ relationships with their clients by providing sound trust solutions and strengthens their ability to deliver comprehensive investment management and meet their clients’ planning goals.”

BOK Financial brings to Commonwealth the service of more than 130 trust administrative officers in eight states who average 20 years of corporate trust experience each. Due to the national charter, it allows them to serve clients nationally and work directly with Commonwealth advisors to deliver comprehensive trust and investment solutions.

“We are excited to partner with Commonwealth and work with their advisors to create a solid financial foundation for their clients through the use of trust solutions,” explained Rosemary Hueser, vice president and manager of advisor trust services for BOK Financial. “Our ability to provide objective trust solutions compliments Commonwealth Advisors’ focus on best-in-class solutions and allows advisors to work with clients and their families multi generationally.”

About Commonwealth Financial Network

Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, is the nation’s largest privately held independent broker/dealer–RIA, with headquarters in Waltham, Massachusetts, and San Diego, California. J.D. Power ranks Commonwealth “Highest in Independent Advisor Satisfaction Among Financial Investment Firms, Four Times in a Row.” The firm supports more than 1,487 independent advisors nationwide in serving their clients as registered representatives, investment adviser representatives, and registered investment advisers, as well as through hybrid service models. For more information, please visit www.commonwealth.com.

About BOK Financial Corporation

BOK Financial Corporation is a $28 billion regional financial services company based in Tulsa, Okla. BOK Financial's holdings include BOKF, NA, BOSC, Inc. and The Milestone Group, Inc. BOKF, NA operates the TransFundCavanal Hill Investment Management, MBM Advisors and seven banking divisions: Bank of AlbuquerqueBank of ArizonaBank of ArkansasBank of Kansas CityBank of OklahomaBank of Texas, and Colorado State Bank and Trust. Through its subsidiaries, the company provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.

BOK Financial Advisor Trust Service Contact – Rosemary Hueser, RHueser@bokf.com or 888-957-6678

Contacts

BOK Financial Corporation
Leah Harper, 918-588-6584
Corporate Communications
lharper@bokf.com

Release Summary

BOK Financial has announced a strategic partnership with Commonwealth Financial Network to offer expanded trust services to its clients.

Contacts

BOK Financial Corporation
Leah Harper, 918-588-6584
Corporate Communications
lharper@bokf.com