United Capital Financial Advisers has named Fargo, ND-based financial advisor Paul Jarvis as a managing director of the firm.

United Capital Financial Advisers has named Fargo, ND-based financial advisor Paul Jarvis as a managing director of the firm.   

Jarvis joins with $160 million in assets under management from Bell State Bank & Trust, where he was a financial planner and portfolio manager.

Meanwhile, United Capital has also hired Stacey Robinson as a relationship manager for the Fargo office. Robinson has some 20 years of experience in the financial services industry.

The appointees have partnered with United Capital so they can continue to work independently, but with access to the firm's financial planning and wealth counseling services, as well as back-end office functions. They will, for example, be able to use the firm’s Honest Conversations offering - an interactive tool to help current and prospective advisors confidentially determine what type of career opportunity within the industry is best for them.

United Capital Financial Partners, the parent company of United Capital Financial Advisers, has approximately $9.3 billion in assets under management and 47 offices in the US. In October, UCFP received $38 million in growth capital, led by a $30 million investment from private investment firm Sageview Capital.

The firm said it will invest the new capital in marketing and branding, including the development of new lead generation and service models, while continuing to recruit advisors and making “targeted acquisitions” to expand its geographic footprint. A portion of the funding will also provide liquidity to existing advisor partners, it added.