Accounting, banks, insurance, wealth management, lending and more: the companies building financial services in Alabama, with their founders, funding, team size and business models.
Recent financial services business events in Alabama
Funding, M&A, contract wins and launches involving 333 financial services companies in Alabama, last 24 months: 38 M&A deals · 4 launches · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
Mitchell Mcleod Pugh & Williams Inc. lifted its holdings in shares of Philip Morris International by 2.8% in the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 9,829…
The acquisition of Cooley marks Waverly's 33rd transaction and the transaction closed on May 29, 2026, and will increase Waverly's assets under management to approximately $35.5 billion
Waverly Advisors, headquartered in Birmingham, Alabama, is buying TruWealth Advisors, a New Orleans area RIA that oversees $3.1 billion in assets under management (AUM).
Protective Life, a U.S. subsidiary of Tokyo-based Daiichi Life Group, has entered into an agreement to acquire Obsidian Insurance Holdings from Genstar Capital.
Regions Bank on Thursday announced the launch of Regions ReimbursePro, the bank’s latest Treasury Management innovation designed to help business clients modernize their payment…
Higginbotham, the Texas-based insurance brokerage ranked as the 12th-largest broker in the country last year, has added Harmon Dennis Bradshaw Inc., an independent agency in Alabama and…
EverSource Wealth Advisors LLC boosted its position in shares of Liberty Broadband by 59.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 733 shares of the company’s…
EverSource Wealth Advisors LLC boosted its stake in Heritage Financial by 27,871.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,958 shares of the financial…
CRI (Carr, Riggs & Ingram) announced on Oct. 29 that it has merged with Florence, AL-based Abroms & Associates, strengthening the top 25 accounting firm’s position in northern Alabama.
Accounting & Auditing
LaunchTreasury Management Services for Healthcare Clients
Top 100 accounting firm Smith + Howard is making its foray into Alabama by acquiring Horton, Lee, Burnett, Peacock, Cleveland & Grainger, an accounting and consulting firm based in…
TriaGen Wealth Management LLC has increased its position in Medical Properties Trust, Inc. (NYSE:MPW) through the acquisition of 107,266 shares, valued at approximately $647,000.
Concourse Financial Group Securities Inc. now owns 5,038 shares of the company’s stock valued at $138,000 after acquiring an additional 3,283 shares during the last quarter.
Stonegate Investment Group LLC grew its stake in shares of United Parcel Service by 45.2% during the 1st quarter. Stonegate Investment Group LLC now owns 636,276 shares of the…
Medical Properties Trust (MPT; Birmingham, Alabama) said it has committed to acquiring two hospitals and two medical office buildings with an “expected investment“ of about $83 million.
NATCOM Bancshares, Inc., and its wholly-owned subsidiary, National Bank of Commerce (collectively “NBC”), announced the completion of their acquisition of Great River Holding Company and…
Regions Bank selected data integration company Axway for its Amplify Open Banking Solution.
Open Banking
Financial services companies in Alabama, by funding and team
Few financial services companies in Alabama publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 249 active companies.
Showing 25 of 50
Company & businessRecorded fundingHeadcount & growthRevenue modelAgeJobs · last 3 months
Every company, not just 50All 249 financial services companies in Alabama, filterable by stage, funding, team size, revenue model and age.
Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore financial services companies in Alabama by what you are looking for
Browse financial services companies in Alabama for banking, insurance, lending and financial planning services. Compare consumer financial services and business finance providers.
8 ways to explore financial services in Alabama
Accounting and tax services companiesBanks and commercial banking companiesInsurance companies and carriersAsset and wealth management companiesConsumer and business lending companiesFinancial services startups in Alabama
Accounting and tax services companies
Financial services businesses providing accounting, payroll and tax support.
CRI
Provider of accounting, assurance and advisory services
The most-installed Android apps published by financial services companies headquartered in Alabama — 1.1M installs between them. 45 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
The figures on this page come from Fliar’s company, funding, hiring and news data. Use it through the Investor Intelligence API and company data exports, or explore every company, founder and investor in Radar.
Capital & corporate activity
Financial services funding and M&A across the United States
2,207 recorded equity rounds have gone to 48,810 financial services companies in the United States — how much, at which stage, into which sub-sectors, from whom, and how Alabama compares. Debt, IPO and grant rounds are excluded.
equity rounds, last 12 months50
US$1.25bn
equity rounds, last 24 months186
US$2.66bn
raised over five yearsUS$18.79bn
877 rounds in the United States
M&A deals, Alabama38
last 24 months
Capital by year
Equity funding into financial services in the United States
amount rounds
$2.1bn2018138
$3.6bn2019117
$3.0bn2020144
$5.9bn2021186
$5.9bn2022212
$2.1bn2023160
$2.3bn2024148
$1.9bn2025134
$609m202637
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$5.95bn across 212 rounds.
The funding ladder · five years
Rounds and typical cheque by stage
SeedUS$666.08m398 rounds · median US$1.08m
Series AUS$1.65bn197 rounds · median US$5.28m
Series BUS$3.28bn119 rounds · median US$17.21m
Series CUS$3.60bn60 rounds · median US$50.00m
Series D+US$8.93bn62 rounds · median US$75.00m
Private equityUS$664.91m38 rounds · median US$60.00m
Financial Services Industry Landscape of the United States
The financials above are one chapter. The full financial services landscape of Alabama maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
10 financial services companies in Alabama have recorded equity funding, US$138.52m in total. Totals and round dates describe the historical record; they are not current valuations.
Most funded
Largest recorded equity totals, with the latest recorded round.
Banks
Commercial bank
Recorded equity fundingUS$44.60mSeries B · Dec 2016
Leadership · 1
SS
Steve Stephen WhatleyPresident & CEO
Banks
Community bank providing personal and commercial banking, loans, and wealth management
Recorded equity fundingUS$38.95mSeries C · Sep 2023
Leadership · 1
JS
Jimmy StubbsCEO
Service providers to banks
Provider of business & commercial loans, personal banking, merit checking, and mortgage services
Recorded equity fundingUS$16.43mSeries B · Oct 2022
Leadership · 1
WH
Will HeapsPresident/CEO
Banks
Commercial banks
Recorded equity fundingUS$15.00mSeries B · Mar 2010
Leadership · 1
TA
Thomas Ashford BroughtonCEO & President
Banks
Personalized banking solutions with expertise for business and personal financial success
Recorded equity fundingUS$9.44mSeries A · Dec 2013
Leadership · 1
TB
Tom BroughtonCEO & President
Senior housing
Multi-family and senior housing development and investment firm
Recorded equity fundingUS$7.81mSeries A · Dec 2025
Founders
Details not available
Asset management
Wealth management firm
Recorded equity fundingUS$4.45mSeries A · Jan 2021
Founder · 1
DM
Don MurphyCo-Founder
Banks
Community bank providing personalized financial services and diverse banking solutions
Recorded equity fundingUS$1.14mSeed · Oct 2018
Founders
Details not available
Asset management
Provider of wealth management and advisory services
Recorded equity fundingUS$687kSeed · Mar 2021
Founders
Details not available
Services for health insurers
Pharmacy quality and safety measurement system for better patient outcomes
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Founders and momentum in Alabama
Meet the people behind financial services companies in Alabama. 59 of 249 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Growing teams
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Services for investment industry
EBSCO Industries is a privately held conglomerate with 20+ businesses and over $2.0 billion in annual revenues
Team size4,900Up from 468 in the previous snapshot
Founders
Details not available
Insurance claims processing services
Property insurance adjusting firm
Team size29,714Up from 3,290 in the previous snapshot
Founders
Details not available
Banks
Urban credit union
Team size138Up from 41 in the previous snapshot
Leadership · 1
RS
Ron SummerallCEO & President
Banks
Urban credit union
Team size208Up from 101 in the previous snapshot
Leadership · 1
WW
William WellsCEO & President
Banks
Credit Union
Team size362Up from 186 in the previous snapshot
Founders
Details not available
Banks
Commercial bank
Team size176Up from 92 in the previous snapshot
Leadership · 1
JH
Jim HouseCEO
Finance & accounting services
Provider of accounting and tax services
Team size98Up from 54 in the previous snapshot
Founder · 1
FB
Frank BrownCo-Founder
Finance & accounting services
Provider of accounting, audit and tax related services
Team size231Up from 137 in the previous snapshot
Leadership · 1
MW
Mark WessonCEO
Asset management
Provider of asset & wealth management and retirement planning services
Team size90Up from 60 in the previous snapshot
Leadership · 1
JR
Josh ReidingerCEO
Banks
Urban credit union
Team size1,135Up from 828 in the previous snapshot
Leadership · 1
JH
Joseph H. NewberryPresident & CEO
Services for health insurers
Provider of prior authorization software and full-service support for healthcare
Team size38Up from 29 in the previous snapshot
Founders
Details not available
Senior housing
Multi-family and senior housing development and investment firm
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Recently founded
Financial services companies in Alabama founded in the last four years, newest first.
Asset finance
Provider of mortgage loan products for home purchasing and refinancing
Founded2026Unfunded
Founders
Details not available
Asset management
Provider of Financial advisors services
Founded2025Unfunded
Founders
Details not available
Banks
A full-service bank offering diverse financial solutions
Founded2024Unfunded
Founders
Details not available
Asset management
Diversified investment management firm
Founded2024Unfunded
Founders
Details not available
Services for investment industry
AP
Founded2023Unfunded
Founders
Details not available
Insurance carriers
Provider of personalized insurance coverage for individuals and families
Founded2023Unfunded
Founders
Details not available
Asset management
Home - Fairvoy Private Wealth
Founded2023Unfunded
Founders
Details not available
Banks
The company offers personal and commercial banking services
Founded2023Unfunded
Founders
Details not available
Services for investment industry
Strategy consulting firm focused on multiple sectors
Founded2022Unfunded
Founders
Details not available
Consumer and sme loans
Provider of home loans
Founded2022Unfunded
Founders
Details not available
Banks
Commercial bank
Founded2022Unfunded
Founders
Details not available
Asset management
Provide personalized financial plans tailored to individual needs, ensuring a comprehensive understanding and guidance through each phase of the process
Commission on transaction, E-commerce - product, Physical commerce
Team size
4,900 (previous snapshot 468)
Recorded funding
None recorded
Founded
1944 · about 82 years old
Stage
Private
Focus
Consultancy services, Diversified
Technology
Java
PHP
MySQL
Nginx
Cloudflare
Detected on the company website
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Explore Alabama financial services companies by sub-sector
The most common specialisations among financial services companies in Alabama. Open a company to see what it sells, who runs it and how far it has come.
Finance & accounting services · 66
66 financial services companies in Alabama work in finance & accounting services. Shown: the best-documented.
Finance & accounting services
Provider of accounting, assurance and advisory services
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
Provider of accounting, audit and tax related services
Revenue modelFee-for-service
Leadership · 1
MW
Mark WessonCEO
Finance & accounting services
Jackson Thornton is primarily engaged in furnishing accounting, bookkeeping, and related auditing services.
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
PEARCE, BEVILL, LEESBURG, MOORE, P.C. is a professional accounting firm serving businesses in Alabama.
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
Provider of accounting and tax services
Revenue modelSubscription
Founder · 1
FB
Frank BrownCo-Founder
Finance & accounting services
Kassouf & Co is an accounting firm that offers healthcare consultancy and retirement plan administration services.
Revenue modelCommission on transaction / Fee-for-service
Founders
Details not available
Finance & accounting services
Wilkins Miller LLC is an accounting firm located in Alabama.
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
Anglin Reichmann Armstrong provide Audit and Assurance Services, Tax Advisory Services, and CFO and Consulting Services to business.
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
JamisonMoneyFarmer is an accounting firm that offers accounting, tax, estate management services in Alabama.
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
Crow Shields Bailey specializes in accounting, tax and business consulting services.
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
Borland Benefield provides financial services such as tax and estate planning and consulting.
Revenue modelFee-for-service
Founders
Details not available
Finance & accounting services
Aldridge, Borden & Company is a CPA firm that deals with accounting, bookkeeping, taxation and financial planning services.
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