Stavis, Margolis Advisory Services, Inc. Announces Name Change To BBVA Wealth Solutions

HOUSTON, Dec. 15 /PRNewswire-FirstCall/ -- BBVA Compass announced that effective December 14, 2009, its wholly owned subsidiary, Stavis, Margolis Advisory Services, Inc., changed its name to BBVA Wealth Solutions. BBVA Compass acquired the registered investment advisory firm in 2005. The rebranding to BBVA Wealth Solutions not only reflects the firm's relationship with BBVA Compass and the BBVA Group, but also signifies the stability, innovation and customer focus that being part of a 150 year-old, worldwide financial services group provides.

"This name change further aligns the BBVA Compass franchise while bringing a highly recognized, global brand to the financial planning arm of our company," said Manolo Sanchez, BBVA Compass president and chief executive officer. "Their focus on providing sound financial advice and responsive service to their clients meshes perfectly with BBVA Compass' customer-centric business model."

"Bringing BBVA into our name is a natural step in our evolution," said Rick Terry, BBVA Wealth Solutions chief executive officer. "It is important for our clients to know that we have the financial strength of a worldwide company behind us, enabling us to offer local expertise coupled with global capabilities. At the same time, our overall strategy is to continue to focus on the importance of providing sound financial and investment advice to our clients and the enhancement of our culture of responsiveness to their needs."

Founded in 1996, Stavis, Margolis Advisory Services, Inc. is one of the most respected financial planning and investment advisory firms in Houston. Dedicated to offering proven investment strategies to meet the desired objectives of their clients, the financial advisors of Stavis, Margolis are tasked with being knowledgeable about investment, retirement, estate planning and business succession planning. The advisors of Stavis, Margolis have a thorough understanding of the various products and services available to their clients, which strengthens their ability to offer clients the most sophisticated advice, tailored to provide a customized solution to each unique financial situation.