Pete Smith
Senior Vice President
Premium Strategies Group

Pete Smith has been involved in the financial services and banking industry since 1996. Pete began his investment banking career as an auditor at First Tennessee Bank. In this role, Pete provided auditing and consulting services to the Investment Portfolio and Capital Markets areas. He performed in-depth financial analysis of the bank’s investment portfolio and provided recommendations to upper level management. Pete then worked with Financial Resource Management in Memphis, TN. As an Investment Advisor, Pete managed an investment portfolio consisting of equity, bond, and REIT holdings. Also, Pete worked extensively with community banks regarding supplemental retirement planning, including Bank Owned Life Insurance.

As a Senior Vice President in the Premium Strategies Group, Pete now serves institutional clients nationwide by assisting them in focusing on those products and strategies that fit their needs. His strong accounting and regulatory knowledge coupled with his extensive computer-based analytic capabilities and product expertise enable Pete to provide a superior level of service to his clients.

Pete provides his clients with unique services that differentiate him from other investment professionals. These services include:

• Quarterly color graph studies with specific short and long term recommendations for earnings improvement and/or risk reduction
  
• Monthly reporting of projected cashflow ladders including prepay and call feature estimates
  
• Instant notification and well documented explanations of trade opportunities when bonds brought into inventory match a customer’s holdings
  
• Superior analytics prior to trade execution interfacing Bloomberg information with LOTUS spreadsheets to provide concise summaries of the risks and rewards of various investment opportunities
  
• Documentation packets after each trade executed that include a summary of the reasons for the trade as well as all required regulatory supporting documentation
  

Pete is a graduate of The University of Memphis where he earned Bachelor of Science in Business Administration with a major in Accounting. Pete has completed the National Association of Securities Dealers, Inc. (NASD) licensing and registration programs Series 7 - General Securities Representative and Series 66 - Uniform Combined State Law examinations. He and his wife, Kari, reside in Memphis with their daughter, Katie, and their sons, Benjamin and Harrison.