Berkshire Global Advisors acted as financial advisor to Capital One Financial

has sold a division to

Berkshire Global Advisors acted as financial advisor to Capital One Financial

Date: December 2017

Sector: Wealth Management

Sub-Sector: RIA

Region: North America

Seller AUM: $4.1 Billion

Seller Details
Headquartered in McLean, Virginia, Capital One Financial Corporation offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.

Buyer Details
Hancock Holding Company (“Hancock Whitney”) is a financial services company with regional business headquarters and locations across the Gulf South. The company’s banking subsidiary provides comprehensive financial products and services through Hancock Bank locations in Mississippi, Alabama, and Florida and Whitney Bank locations in Louisiana and Texas, including traditional, online, and mobile banking; commercial and small business banking; private banking; trust and investment services; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee.

Transaction Summary
Hancock Whitney, has entered into a definitive agreement to acquire the bank-managed high net worth individual and institutional investment management and trust business from Capital One, National Association, a banking subsidiary of Capital One Financial Corporation.