DENVER, CO–(Marketwired)–Guaranty Bank and Trust Company, a community bank that has served Colorado for over 50 years and a wholly-owned subsidiary of Guaranty Bancorp (NASDAQ: GBNK), today announced that it has purchased privately held Cherry Hills Investment Advisors, LLC. Cherry Hills Investment Advisors is a Greenwood Village-based investment management firm serving the financial planning and investment management needs of individuals and families since 1999. With a shared vision of providing a high level of personal service, this powerful combination of two Colorado companies will offer unparalleled financial services expertise to both individuals and businesses.
“Guaranty Bank and Trust’s comprehensive banking services and Front Range branch network, together with Cherry Hills Investment Advisors’ investment management expertise and high touch service, will enable us to offer an expanded platform to individuals looking for a Colorado-based partner to help them achieve their financial goals,” said Paul W. Taylor, Chief Executive Officer of Guaranty Bank and Trust.
Cherry Hills Investment Advisors will become a subsidiary of Guaranty Bank and Trust within its Wealth Management Group. Susie Johnston, Valerie Antonioli and Kate Scott will continue to serve as Principals of Cherry Hills Investment Advisors and there will be no change to the firm’s investment or financial planning process. Cherry Hills Investment Advisors will remain in Greenwood Village and all of its employees will be retained.