Long Joins Seidman Financial; Deas Named by State Federal

Article excerpt

E. Claudine Long, CFP, has been appointed as director of financial planning for the newly formed Oklahoma City office of Seidman Financial Services, a limited partnership.

Owned by Seidman & Seidman/BDO, the new enterprise offers integrated services including financial planning, asset monitoring and life insurance analysis for personal and corporate clients.

The partnership will have offices in New York, Detroit, Mich., Boston, Mass., Milwaukee, Wis., Grand Rapids, Mich. and Oklahoma City.

In addition to Long, Stewart N. Meyer, CPA and Christiane S. Selessert will direct activities in the Oklahoma City office.

The financial planning service begins with a comprehensive interview and analysis of an individual's current and future financial needs. Numerous spreadsheets and a written strategy are then developed to form the framework for implementation. The financial plan is reviewed and updated periodically to make sure it is achieving a client's objectives and accommodates any important changes in the client's life.

The monitoring service evaluates the performance of investments relative to a universe of similar portfolios. The monitoring service also evaluates whether a client's investment objectives are being met.

Insurance analysts review clients' life insurance policies for breadth of coverage and their utility as investment vehicles. Based on the findings, the analysts will make suggestions for any needed changes in coverage. Consultants also work with others in a client's financial team, such as stockbrokers, advisors and attorneys.

Long received her certification as a financial planner in March this year. She has been appointed an adjunct professor of the College of Financial Planning, Denver, and will teach at Oklahoma City University this fall.

Long is a former senior vice president of administration for Liberty National Bank & Trust Co. in Oklahoma City and has 22 years of banking experience.

The new office of Seidman Financial Services is located at Two Leadership Square, Suite 300. . .

- John E. Deas has been named president and chief executive officer of State Federal Savings and Loan Association in Tulsa.

William M. Waller, who had assumed the presidency after the departure of Jim Colgan, has returned to his position as chairman of the board concentrating on the business development and industry relations for State.

Deas was most recently chairman, president and chief executive officer of North Side State Bank in Tulsa. Prior to his association with North Side, he was chairman, president and chief executive officer of First City Bank for a two-year period, and from 1976 to 1984 he was City Bank and Trust Company's, now Bank of Oklahoma, chairman, president and chief executive officer. . ..

- The United Insurance Agency Inc. was recently formed with the merger of the Don Griffin Insurance Agency in Oklahoma City and the Ferguson Insurance Agency in Norman. The new office is located in West Oaks Park at 2215 W. Lindsey, suite 100, Norman.

Ferguson and Griffin are remaining with the newly formed multi-line agency, each maintaining their leadership capacities.

The Griffin agency has served the Norman community since 1949 with Don Griffin at the helm for the past 10 years.

The merger expands the combined staff to 14 full time insurance professionals with over 83 years of experience. The union brings a fully automated computer system on line to better process claims and handle account and marketing information.

The joint effort combines wider ranges of coverages and broader selection of companies to better serve the community's insurance needs. The new agency offers a full line of home, auto, health, life and accident insurance and will continue to be a leader in business insurance, specializing in competitive price packaging. …