Harris Private Bank announced today the acquisition of Stoker Ostler Wealth Advisors, Inc., a Scottsdale, Arizona based RIA with approximately $600 million in assets under management.  Terms of the transaction were not disclosed.

Stoker Ostler is one of Arizona's leading wealth management firms and will significantly expand Harris' operations in the state, as well as add a presence in Salt Lake City, Utah.  For the past two years, Stoker Ostler has been ranked by Inc. magazine as one of the fastest growing private companies in the nation, validating the success of their approach and the value that they deliver to their clients.

"Stoker Ostler has an exceptional team of professionals and a tremendous reputation for delivering excellent client service that is tailored to each of their client's needs," said Terry Jenkins, President and CEO, Harris Private Bank.  "One of our goals has been to expand our operations in the Scottsdale market and this acquisition enables us to expand our reach and enhance our capabilities."

Founded in 1997, Stoker Ostler is a fee-only financial planning and investment advisory firm dedicated to delivering an exceptional planning-based client experience to high net worth individuals and families.

"Harris Private Bank is well-respected for its wealth offering and for its history in the Arizona market," said Phil Stoker, managing partner and co-founder of Stoker Ostler.  "We view this as a great fit - our clients will continue to receive the high level of service they have come to expect, and will now have access to a greater array of financial resources and services to meet their needs."

Harris Private Bank has been serving the Arizona market for more than 30 years, offering a comprehensive range of wealth management solutions to meet the unique financial needs of its clients.  Through integrated teams of experienced financial professionals, Harris Private Bank helps its clients realize their financial and lifestyle goals with solutions that are custom tailored and delivered with the highest level of personalized service.  Harris Private Bank is a member of the Harris family of wealth management services.

The Carson Medlin Company served as financial advisor to Stoker Ostler.