Pinnacle Financial Partners : Four Advisors and a Financial Specialist Expand Pinnacle's Raleigh Glenwood Team

September 02, 2021

Pinnacle Financial Partners has expanded commercial banking services at the firm's Raleigh Glenwood office with the addition of financial advisors Ron Schappell and Dillon Ortman, both of whom come from BBVA. They advise commercial and middle market clients as part of Pinnacle's client advisory group. Also joining Pinnacle are Darrin Blalock, Chris Frederick and Kathy Santoli.

'Our Raleigh Glenwood team has made some excellent additions so far in 2021, and this group is no exception,' said regional president Mark Carlton. 'They're experienced bankers who chose our firm because it's a place where they can give clients the distinctive service and effective advice Pinnacle is known for.'

Schappell was previously city president in Raleigh for BBVA and has 30 years of financial services experience. Prior to his work at BBVA, he was with PNC Bank via its acquisition of RBC Bank. Schappell earned a bachelor's degree in business administration from East Carolina University in Greenville and completed the Graduate School of Banking at Louisiana State University. He served on the board of directors for both the Cary YMCA and Cary Visual Arts and is an alumnus of Leadership Cary.

Ortman brings more than six years of financial services experience from BBVA, including roles as relationship support specialist in Birmingham, AL, and commercial relationship associate and corporate relationship manager in Raleigh. He earned a bachelor's degree from Auburn University while lettering in baseball all four years and spent time with the Los Angeles Angels in their minor league system. Ortman is a board member and sponsorship committee chair for Capital City Clauses, a non-profit organization in Raleigh.

Blalock joined Pinnacle as a credit advisor with 20 years of experience in commercial and consumer underwriting and lending. He has been a commercial lender for United Bank in Durham, NC, for the last three years and also has experience with Benchmark Community Bank, SunTrust Bank and Fidelity Bank, all in North Carolina. Blalock earned a bachelor's degree in business administration from Appalachian State University in Boone, NC.

Frederick joined Pinnacle as a credit advisor, bringing 16 years of financial services experience most recently at North State Bank in Raleigh, where he was a commercial portfolio manager. He has also worked for Self Help Credit Union in Durham, NC, and First Citizens and PNC/RBC in Raleigh. Frederick earned a bachelor's degree in business administration from the University of North Carolina at Wilmington and completed the Omega Commercial Analyst Training Program at SunTrust University in Greensboro. He is a board member on the investment committee at Natural Capital Investment Fund, a local CDFI, and the UNCW Alumni Association.

Santoli comes to Pinnacle from Fidelity Bank, where she worked for 24 years in roles including branch manager and mortgage loan specialist. At Pinnacle, she is a financial specialist. Santoli is a member of the Fuquay Varina, NC, Arts Council and the Cary Leads Networking Group. She completed a certificate program through the East Carolina University Commercial Lending School.

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. Pinnacle earned a spot on FORTUNE's 2021 list of 100 Best Companies to Work For® in the U.S., its fifth consecutive appearance. American Banker recognized Pinnacle as one of America's Best Banks to Work For eight years in a row and No. 1 among banks with more than $10 billion in assets in 2020.

Pinnacle entered the North Carolina market in 2017 when it acquired BNC Bancorp, known locally as Bank of North Carolina. Pinnacle continues BNC's practice of offering community bank service with the resources and sophistication of a larger firm.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $35.3 billion in assets as of March 31, 2021. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 14 primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC, and are:

• Not deposits or obligations of the bank
• Not insured by bank insurance, the FDIC or any other government agency
• Not guaranteed by Pinnacle Bank
• Subject to risk, may lose value.

Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Pinnacle Bank, Pinnacle Financial Partners and Pinnacle Asset Management are not registered broker/dealers and are independent of Raymond James Financial Services.

**The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 32,725 nominations, more than 5,000 advisors received the award. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/best-in-state-wealth-advisors for more info.