Oxford Bank hired Marc Powers, a licensed Raymond James Financial Services representative, to manage the non-traditional banking portfolios of the Bank’s customers.
Since 2002, Oxford Bank has maintained a third-party agreement with the Tampa, Florida investment firm allowing for a registered agent to represent and service the Bank’s customers who are seeking to acquire non-traditional banking products such as stocks, bonds, mutual funds and insurance.
Powers officially joined the bank on September 8. He brings over 11 years of financial planning experience with Raymond James Financial Services to this position.
In addition to advising and assisting Oxford Bank individual and commercial customers with the purchase of investment options, he will also provide expertise in financial research and planning, along with tax and estate planning.
A Clarkston resident, Powers holds a Bachelor of Science in business administration and finance as well as an Associates Degree in real estate management from Ferris State University.
Jeffrey M. Davidson, chairman, president and chief executive officer of the Corporation and the Bank, announced the appointment and commented, ‘Marc’s skills as a financial planner coupled with his demonstrated ability to foster strong relationships with co-workers and clients will prove important as we look to grow this area of our business. It is also important to note that Marc has worked in our local communities for over a decade and is already a familiar face with many individuals who bank with us.?
Powers? office is located at 720 N. Lapeer Rd., Suite 201 in Lake Orion. His phone is 248-814-6580; his e-mail is marc.powers@raymondjames.com.