Capital Investment Companies, one of the largest independent financial services and brokerage firms in the Southeast, announced its partnership with Nantahala Bank and Trust Company. Nantahala Bank is headquartered in Franklin, N.C. and serves western North Carolina and northern Georgia. Eric Gaddy has joined Capital Investment Companies and will represent Capital in Nantahala’s branch offices.
Nantahala Bank will offer Capital Investment Companies’ bank securities program to their customers. The program includes traditional brokerage, money management, investment banking, insurance and estate planning, trusts, no-load mutual fund management, retirement plans and mortgages.
“Nantahala Bank provides modern banking with old fashioned values and this is very close to our ‘Come home to Capital’ mantra,” said Richard K. Bryant, president of Capital Investment Companies. “We seek out banking partners that are as passionate as we are about taking care of people and their surrounding community.”
Nantahala Bank and Trust Company is a provider of high quality financial products and superior customer services. Founded by a group of local investors, Nantahala Bank opened its doors in October 2004. As of Sept. 30, 2010, Nantahala Bank had assets of $198 million. They are committed to building lifelong, profitable, and trust-based relationships for their customers, employees, shareholders and the community.
Eric Gaddy, who is the president of Gaddy Wealth & Retirement Planning in Asheville, N.C., will represent Capital Investment Companies in the Nantahala Bank offices in Franklin, Murphy and Hayesville, N.C. and in Blairsville, Ga. Gaddy has worked in Western North Carolina for 15 years and has a total of 18 years in the securities business. Gaddy has his series 7, 63, 65, Life & Health and Long Term Care licenses and is a Chartered Retirement Planning Counselor (CRPC) and Chartered Mutual Fund Counselor (CMFC) through the College of Financial Planning.
Community banks interested in partnering with Capital Investment Companies should contact Catherine Manuel, director of Capital Bank Partners, at cmanuel@capital-in vest.com or by calling (910) 470-3931.
Capital Investment Companies has also partnered with Cornerstone Bank headquartered in Wilson, N.C., Capital Bank headquartered in Raleigh, N.C., Lumbee Guaranty headquartered in Pembroke, N.C., Crescent State Bank headquartered in Cary, N.C., Waccamaw Bank headquartered in Whiteville, N.C., First Federal Savings Bank of Dunn, N.C., Cornerstone Bank located in Easley, S.C., BankSouth headquartered in Greensboro, Ga., and CommunitySouth Bank headquartered in Easley, S.C.
About Capital Investment Companies
Capital Investment Companies is comprised of Capital Investment Brokerage, Inc. and Capital Investment Group, Inc., registered broker/dealers (Members FINRA/SIPC), and their affiliates. Capital Investment Companies is one of the largest independent financial services and brokerage organizations in the Southeastern United States, headquartered in Raleigh, N.C. The firm offers a wide variety of financial services including: traditional investment brokerage, money management, investment banking, trust services, no-load mutual fund management, mortgage services, estate planning, insurance services, retirement plans and a community foundation. They offer their services to individuals, corporations, and the CPA and banking community.