The latest deals and transactions in and around North American wealth management.

Argent Financial Group
Argent Financial Group has bought Funeral Services, a “deathcare” trust administrator for preneed and perpetual care trusts.

FSI will keep its name and leadership team and maintain local decision-making in Florida while continuing to operate independently in Tallahassee. FSI president/CEO Bill Williams, who joined the company in 2001, will also remain as executive management for FSI operations, Argent said in a statement. The financial terms of the agreement were not disclosed.

Founded in 1978, FSI is a trust-administration and record-keeping company providing trust solutions to funeral homes, cemeteries, industry associations and financial institutions. 

“We are committed to growing in ways that allow us to better serve our clients, including those in the funeral and cemetery profession,” Kyle McDonald, CEO of Argent Financial Group, said.