Arvest Wealth Administration names Donny Rogers president of funding companies

Arvest Financial institution subsidiary Arvest Wealth Administration (AWM) mentioned Thursday (Nov. 10) that Donny Rogers of Fort Smith has been promoted to president of funding companies, efficient Jan. 1.

He’ll substitute Calvin Jarrett, who’s retiring early subsequent 12 months.

Headquartered in Lowell, AWM is the wealth administration division that’s owned by Walton family-owned Arvest Financial institution of Fayetteville.

AWM has roughly 360 workers who advise prospects in three strains of enterprise: Arvest Investments Inc. (registered FINRA and SEC dealer/seller), Arvest Belief and Arvest Insurance coverage Co.

Rogers is president and CEO of Arvest Belief and govt director of gross sales. He’ll retain the gross sales job along with his new position. Arvest Belief will announce his successor at a later date.

As president of funding companies, Rogers will probably be chargeable for the supervision of the dealer/seller. In accordance with a information launch, there will probably be a specific emphasis on the client expertise and the wants of AWM advisors.

Rogers can even give attention to growing strategic plans and fostering a tradition of gross sales and repair.

“Donny’s wide selection of expertise contains banking, department administration, wealth administration, gross sales administration and extra,” mentioned Asa Cottrell, Arvest Wealth Administration president and CEO. “His management in these roles and as president and CEO of Arvest Belief has been sturdy and a key driver of our success. It’s additionally one of many causes he’s the proper match for this job.

“Calvin has been a tremendous affiliate for greater than 35 years, and his contributions to our firm have been invaluable. He’s additionally been an ideal illustration of our tradition, and we want him all the very best in retirement.”

Rogers obtained his diploma in economics and finance from Arkansas Tech College and obtained his licensed monetary planner (CFP) certification in 1997.

Rogers is a board member in numerous capacities for a number of teams, together with Lincoln Little one Care Providers, the Neighborhood Providers Clearinghouse, Fort Smith Boys Shelter and Reynolds Most cancers Help Home.

“It’s humbling to consider following Calvin’s management and all of the change he has navigated by way of over the previous 35 years,” Rogers mentioned. “We will definitely be standing on his shoulders as we proceed to serve our prospects and associates. I’m excited in regards to the alternative to serve our advisors, their shoppers and our respective communities as the subsequent president of Arvest Wealth Administration funding companies.”