The Anderson Search Group Responsible for $17bn Bank Expanding into Fort Worth, Texas
When a $17bn bank was ready to enter into the Fort Worth, Texas Market, it was The Anderson Search Group providing them with their solution. With a loan production office already in Dallas, the client bank saw an opportunity to move into the highly desirable, yet extremely unique market of Fort Worth. The Anderson Search Group was able to complete a commercial banking team lift out made up of a market president and two senior commercial banking officers. Because this was an established team with center’s of influence throughout the market and the ability to generate their own business, this team was able to put almost $200 million in new loans on the books in the first 18 months and was profitable in their first year.
$2bn Bank Uses The Anderson Search Group to Break into Fort Worth, Texas
When a $2bn, publicly traded bank was ready to set up a loan production office in Fort Worth and was in need of a team able to make an immediate impact, The Anderson Search Group was engaged and armed the bank with the talent needed. The Anderson Search Group lifted out a team of three commercial bankers and two assistants. This team was able to generate over $44 million in new loans and over $70,000 in treasury management fee revenue in under 12 months with no dedicated treasury management sales officer
The Anderson Search Group Engaged by $2bn Publicly Traded Bank to Lift Out Commercial Banking Team in Denver, Colorado.
When an extremely stable, well positioned bank made an acquisition allowing them to enter the Denver, Colorado market, The Anderson Search Group was engaged to identify, qualify and recruit a team of local commercial bankers with deep ties to the local market, pipeline of business, and portfolios fitting the bank’s appetite for commercial credit. The Anderson Search Group was able to lift out a Market President and two senior commercial bankers for the bank. In less than 120 days of employment, this team had over $75 million in loans approved. The team hit their annual funded loan goal in less than six months.
Global Asset & Wealth Management Firm Engages The Anderson Search Group to Fill Key Leadership Role in Dallas, Texas
The Anderson Search Group was engaged by a global leader in asset and wealth management with over $1.5 billion in assets under management to fill a key senior executive leadership role in Dallas, Texas. This position would lead the Texas market and was critical for the firm’s growth plans. Due to The Anderson Search Group’s deep ties to the Dallas market and connections within the wealth management space, the search firm was able to successfully identify, qualify and recruit an elite leader for the client. In year one, the placement grew pre-tax income 187% and revenue 40%. In year two, the placement grew pre-tax income 266% and grew revenue 49%. In the year prior to The Anderson Search Group’s placement, the market did $600,000 in new fee revenue. After the placement’s second full year, the market did over $1.3 million in new fee revenue.
$3bn Bank in Dallas, Texas, Engages The Anderson Search Group to Add Specialty Lending Head
When a $3bn+ bank in Dallas, Texas, was ready to add someone to build and lead a specialty lending group specializing in rail, aircraft, transportation, cranes, equipment, machine tool and industrial trucking, The Anderson Search Group was engaged to identify, qualify and recruit an elite commercial banking executive. Because The Anderson Search Group had built deep relationships with hundreds of commercial bankers in the Dallas market, the boutique commercial banking executive search firm was able to quickly fill this key role. The commercial banking executive leader placed by The Anderson Search Group started with only himself and a $38 million book of business. In four months, he grew the loan portfolio to $60 million. The following year he grew the portfolio to $140 million. The next year, despite his bank being acquired, the executive grew the book to $250 million while building out his team. Following the acquisition, despite the bank liquidating a large chunk of his business, the candidate’s specialty lending group generated over $2 million in top-line revenue.