Hilltop Securities represents both the realization of a vision and a new beginning — the combination of two established, respected and successful broker-dealers to create a new firm, greater than the sum of its parts.
In January of 2015, Hilltop Holdings Inc. (NYSE: HTH), a Texas-based diversified financial holding company acquired Southwest Securities, Inc., a regional full-service broker-dealer founded in 1972. Hilltop Holdings is the parent company of Plains Capital Bank, the 6th largest Texas-based bank by deposits, Prime Lending, a mortgage originator ranked 6th in the U.S. for purchase units in 2014, and National Lloyds Corporation, a niche property and casualty underwriter providing homeowners insurance for low value dwellings.
In addition, Hilltop Holdings was the parent of First Southwest Company, a broker-dealer established in 1946 and renowned for its nationwide public finance advisory business. With complementary business lines and a shared history representing more than 112 years of industry experience, Southwest Securities and First Southwest were combined under the Hilltop Securities brand to create a new, stronger firm backed by a well-capitalized, publicly traded parent company to serve as trusted advocates for our clients. The consolidation of these firms represents the blending of two traditions of innovation, integrity and service. Decades ago, each firm sank deep roots in Texas before branching out to deliver their unique expertise to clients across the nation.