Entity change to your Synovus Securities account managed by GLOBALT Investments
Important information regarding the investment management services provided by GLOBALT Investments (“GLOBALT Investments”), a separately identifiable division of Synovus Trust Company, N.A.
September 8, 2023
Synovus Trust Company, N.A. (“Synovus”) has entered into an agreement pursuant to which GLOBALT Investments will formally transition from a separately identifiable division of Synovus to an independent organization operated by GLOBALT Investments LLC (“New GLOBALT”). New GLOBALT is a Georgia limited liability company owned by a team of GLOBALT Investments’ leaders, including Bill Roach (President), Gary Fullam (Chief Investment Officer), and Drake Craig (Chief Operating Officer).
As part of the transaction, your investment manager will change from GLOBALT Investments (a division of Synovus) to New GLOBALT (an independent legal entity). The other features of your relationship with Synovus will remain substantially the same. You will continue to work with the same Synovus Securities Financial Advisor, Synovus Securities, Inc. will remain your broker-dealer and you will continue to receive the statements and reports to which you are accustomed. The transfer will occur at no additional cost to you on or around October 1, 2023.
The purpose of this notice is to seek your consent to the assignment to New GLOBALT of the investment management agreement among you, GLOBALT Investments and Synovus Securities, Inc. Through the assignment, New GLOBALT will replace GLOBALT Investments as your investment manager. The assignment will not change the terms of your agreement, nor will it change the nature of the advice provided, the methods of analysis used by New GLOBALT or the investment advisory fees you pay.
No action from you is required for the assignment to take effect. Unless you take the actions described below within 30 days of the delivery of this letter, your investment management relationship will transfer to New GLOBALT.
If you do not want to transfer your investment management relationship, you must opt out of the transfer within 30 days of receipt of this letter. To opt-out of the transfer, please email info@synovussecurities.com and indicate that you are interested in a new advisory account manager. If you have any questions about the assignment of your account, please contact your financial advisor.