Guaranty Bank adds wealth management division

Springfield-based Guaranty Bank has added a new division.

The division called Guaranty Bank Wealth Management is designed to offer financial planning, investment advice, estate planning and tax guidance, according to a news release.

“The creation of Guaranty Bank Wealth Management adds expansive wealth and trust services to our comprehensive suite of financial solutions,” Guaranty Bank CEO Monte McNew said in the release. “Together these solutions will help maintain and strengthen our clients’ portfolios by meeting their evolving needs."

Todd Larsen, a 20-year industry veteran, is leading the division. He previously worked at Quad City Bank and Trust, another subsidiary of Guaranty Bank parent company QCR Holdings Inc. (Nasdaq: QCRH), before joining the Springfield bank as senior vice president and senior wealth management officer.