Raymond James welcomes $100 million advisor as part of new institutional program with First Bank Texas
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division (FID) recently welcomed financial advisor Kostas Luecker, CRPS®, to 1880 Advisors, a newly established wealth management program located at First Bank Texas (FBT), according to Stephen Kruchten, president of FID. Through this new alignment, Luecker will offer clients investment and wealth management services through Raymond James Financial Services.
In March, FBT selected FID to support the build-out of the new wealth program. Leveraging FID’s industry expertise, advisor-focused resources and support, the bank brought Luecker on board to lead 1880 Advisors in Willow Park, Texas. He previously managed approximately $100 million in client assets at LPL Financial and is joined by Client Services Associate Julie Hogan.
"We are proud to support First Bank Texas and the launch of 1880 Advisors by welcoming an advisor of Kostas’ caliber," said Jon DeMayo, vice president of business development at FID. “I have no doubt this talented team will continue to deliver high-quality financial guidance to clients, backed by Raymond James' robust technology, comprehensive investment platform and unwavering advisor support.”
Luecker brings more than 16 years of experience in the financial services industry, having served in advisory roles at UBS, Wells Fargo, and most recently, at LPL for nearly eight years. He holds the Chartered Retirement Plans SpecialistSM designation and earned a bachelor's degree from The University of Texas at Arlington.
"The launch of 1880 Advisors is a significant milestone in First Bank Texas’s commitment to providing full-service banking and financial solutions. With the onboarding of an exceptional new advisory team, we are positioned to deliver even greater value, insight, and service to our current and future clients as they navigate their financial journeys,” said Kim Heisey, director of wealth and private banking at FBT.
FBT operates 14 branches across Texas and holds more than $925 million in total deposits. With the introduction of 1880 Advisors, the bank now offers clients expanded investment solutions and personalized financial planning tools through the full Raymond James wealth platform.
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.53 trillion as of Apr. 30, 2025. Additional information is available at raymondjames.com.
About First Bank Texas
Founded in 1880, First Bank Texas has been a cornerstone of financial stability and community growth for over a century. Headquartered in Weatherford, Texas, we are committed to delivering exceptional banking services with a personal touch. With a strong foundation built on integrity, innovation, and customer service, we offer a comprehensive range of financial strategies, including personal and business banking, loans, and mortgages. Our mission is to empower individuals, businesses, and communities by providing financial strategies that help them thrive. At First Bank Texas, we take pride in our deep-rooted history and dedication to building lasting relationships while supporting the local economy with a community-first approach.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. First Bank Texas and 1880 Advisors are not registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.