First Tennessee Bank, the regional bank of First Horizon National Corp., is adding a new set of resources to more comprehensively serve their business owner clients by partnering with Red Rock Advisors, an advisory firm specializing in business transition planning.
"We’ve worked with the Red Rock Advisors team for a number of years and have a high level of confidence in the expertise they will bring in assisting our business owner clients,” said Rhomes Aur, CEO of FTB Advisors. “This partnership with Red Rock positions First Tennessee to be an integral advisor in helping our clients achieve their personal and business goals.”
Red Rock Advisors acts as a guide for business owners to help them to navigate the questions that must be addressed to enhance the value in their businesses today with an eye toward securing a sound and positive transition or exit down the road.
The Red Rock Advisors team will work in concert with First Tennessee’s commercial and wealth team members to provide an integrated end to end advisory solution set for business owners.
"First Tennessee understands that owners of privately held businesses have complex needs that require a dedicated team professionals to address,” said Matt Johnston, CEO of Red Rock Advisors. “The commitment that First Tennessee makes to their clients long term success is unparalleled and we are thrilled to be a part of the team.”
First Tennessee customers can take advantage of this partnership by contacting their private client relationship manager or commercial banker to discover opportunities that are available to them.