INDIANA – Old National Bancorp has announced a rebranding of its wealth advisory division, formerly known as Old National Investments. The division will now operate under the name Old National Wealth Advisors, a change the company says better reflects the comprehensive range of financial services provided by its professionals.
According to a press release, Old National Wealth Advisors comprises approximately 125 team members, including over 70 wealth advisors. These advisors are primarily located within Old National offices across the Midwest and Southeast and are supported by LPL Financial, a leading independent broker/dealer and registered investment advisor.
The newly named Old National Wealth Advisors offers a wide array of services, including:
- Investment strategies and management
- Estate planning and advice
- Financial and retirement planning
- College saving options and advice
- Insurance options and guidance
- Tax planning and strategies
Chady AlAhmar, CEO of Old National Wealth Management, explained the rationale behind the name change. “When Old National Investments first debuted in the early 1990s, the intent was to complement our traditional banking services with a resource that provides investment advice and strategies,” said AlAhmar. “However, they have outgrown the Investments name as these advisors provide robust financial services that stretch far beyond stocks and bonds. This name change is simple but effective in illustrating that the professionals at Old National Wealth Advisors provide integrated services and holistic advice that help clients manage their wealth at each stage of life.”
Old National delivers its wealth management services through three distinct service models, two of which are supported by Old National Wealth Advisors (ONWA):
- The Investment Strategies Team of ONWA: This model is tailored for clients focused on both short-term and long-term investing, saving, and planning for their financial future. It also caters to clients who prefer a self-service approach to online investing.
- Private Wealth Management through ONWA: Designed for clients focused on retirement planning, asset growth, and planning for other significant life events. This model provides clients with two dedicated resources: a Wealth Advisor from Old National Wealth Advisors and a Private Banker from Old National Private Banking.
- 1834, a division of Old National Bank: This division caters to higher-net-worth clients with diverse and complex financial priorities, requiring robust asset management focused on wealth preservation and growth. 1834 also offers institutional services for businesses and non-profit organizations, including investment management, philanthropy and endowment services, corporate trust services, and retirement plan services.
For more detailed information on Old National’s wealth management service models, interested parties can visit oldnational.com/wealth.
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