South Carolina-based The Palmetto Bank is moving over to Investment Professionals Inc’s brokerage platform, having been with Raymond James previously.

The Palmetto Bank is also looking to enhance its trust services and has inked a deal with Thomasville National Bank.

IPI said the three firms would work together to provide “seamless interaction between traditional trust and brokerage” for clients of the bank, and boost its assets under management from the current $460 million.

For the Greenville-based bank, the agreements are part of a strategy to serve more wealth management clients through trust officers and financial advisors based at its offices in Upstate of South Carolina.

Texas-based IPI partners with around 150 financial institutions in the US and has more than $6 billion under management for clients. It specializes in providing on-site investment programs for financial institutions and turnkey fixed income, marketing and custody services to community bank trust departments.