First Horizon Advisors

The firm runs a traditional bank trust investment model — discretionary separately managed accounts invested in individual equities, investment-grade municipal and corporate bonds, and curated third-party mutual funds. It does not operate an in-house venture capital or private equity fund. Private banking credit lines, often secured against concentrated stock or real estate, are a core liquidity solution offered alongside managed portfolios.

It is a division of First Horizon Corporation, a publicly traded regional bank holding company with roughly $80 billion in consolidated assets. The advisory unit is not an RIA separate from the bank; it operates under the bank's trust charter, which grants it fiduciary powers including corporate trustee and executor roles.

TD Bank Group terminated its $13.4 billion agreement to buy First Horizon in May 2023, citing regulatory uncertainty. The failure of the deal left First Horizon independent, preserving local governance of the advisory and trust division rather than folding it into a Canadian parent's wealth structure.

Day-to-day investment management is executed by the firm's portfolio management and trust investment teams under the parent company's leadership. D. Bryan Jordan serves as Chairman, President and CEO of First Horizon Corporation, with ultimate accountability for the wealth division alongside other banking lines.

Clients come predominantly through the bank's retail and commercial branch network across the Southeast. Trust officers and private bankers are embedded in local markets throughout Tennessee, North Carolina, South Carolina, Florida, and Louisiana. The post-Iberiabank integration added substantial relationships in Louisiana and Florida.

The firm does not offer in-house venture capital, private equity direct investing, or hedge fund platforms. Its model is built on public-market equities and fixed income, trust and estate services, and bank credit, making it conservative relative to multi-family offices or large RIAs with alternatives exposure.

The trust charter lets First Horizon Advisors serve as a corporate trustee, executor, or guardian — roles an RIA cannot legally perform. This embeds the firm into multi-generational estate plans through irrevocable trusts and court-appointed fiduciary assignments, creating permanent relationships that outlast individual portfolio management mandates.