BB&T Scott & Stringfellow was a full-service regional brokerage and investment banking firm that was founded as Scott & Stringfellow in 1893 in Richmond, Virginia. It offered a range of financial services, including wealth management, financial planning, and investment advice to individuals, families, and businesses. In 1999, it was acquired by BB&T Corporation. Following the merger of BB&T and SunTrust in December 2019, BB&T Scott & Stringfellow's operations were integrated into Truist Financial Corporation, primarily under Truist Wealth and Truist Securities. The firm was known for its client-focused approach and strong regional presence in the Mid-Atlantic and Southeastern United States.
The headquarters served as the central hub for administrative, operational, and strategic decision-making for the firm's brokerage, investment advisory, and wealth management services.
The Richmond headquarters was located in the historic Scott & Stringfellow Building (also known as the Mutual Building), a notable early 20th-century skyscraper and a landmark in downtown Richmond.
The work culture was likely characterized by a blend of traditional financial services professionalism, a strong emphasis on client relationships, regional expertise, and, post-acquisition by BB&T, an integration of larger corporate values focused on community and integrity. It aimed to combine the resources of a large financial institution with a personalized, local touch.
The Richmond headquarters was significant as the birthplace and long-standing operational center of Scott & Stringfellow, a firm with over a century of history in the financial industry. It represented a key piece of Richmond's financial district and the region's economic heritage.
BB&T Scott & Stringfellow primarily operated within the United States, with a strong concentration in the Mid-Atlantic and Southeastern regions. Its services were domestically focused on U.S. clients. As part of Truist Financial Corporation, the reach remains predominantly U.S.-based, offering a comprehensive suite of banking, wealth management, and investment services across the nation. While Truist may have international touchpoints for certain corporate and investment banking activities, the core wealth management services derived from the BB&T Scott & Stringfellow legacy serve U.S. clients.
909 East Main Street
Richmond
Virginia
USA
Address: Historically located in key financial areas of Charleston; now operations are part of Truist Wealth offices in the region.
To provide accessible, localized financial expertise and support to the West Virginia market, building long-term client relationships and managing investment portfolios tailored to regional client needs.
Address: Multiple locations historically, now integrated into Truist's significant presence in Charlotte (Truist's corporate headquarters).
To serve the robust and growing financial market in Charlotte and the surrounding Piedmont region, offering sophisticated wealth management solutions and capitalizing on BB&T's (and later Truist's) strong corporate presence.
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As of April 2025, BB&T Scott & Stringfellow' leadership includes:
BB&T Scott & Stringfellow has been backed by several prominent investors over the years, including:
As BB&T Scott & Stringfellow is fully integrated into Truist Financial Corporation, specific executive changes for the former standalone entity are no longer applicable. Executive movements occur within Truist's broader structure, including its Wealth and Securities divisions. Below are examples of recent high-level executive changes at Truist Financial Corporation.
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Following its integration into Truist, former BB&T Scott & Stringfellow employees and operations utilize Truist's corporate email system. The most common email format for Truist is typically a combination of the employee's first and last name.
firstname.lastname@truist.com
Format
jane.doe@truist.com
Example
90%
Success rate
Truist Newsroom • December 6, 2019
BB&T Corporation and SunTrust Banks, Inc. announced the completion of their merger of equals, forming Truist Financial Corporation. This merger brought together various entities, including BB&T Scott & Stringfellow, under the new Truist brand, with operations subsequently integrated into Truist Wealth and other relevant divisions....more
PR Newswire (referencing BB&T announcement) • June 12, 2019
Prior to the merger completion, BB&T and SunTrust announced that the new combined company would be named Truist. This marked a significant step towards the integration of all their services, including those of BB&T Scott & Stringfellow....more
Company Archives / Financial News Reports • February 7, 1999 (approximate, based on announcement)
BB&T Corporation announced its agreement to acquire Scott & Stringfellow Financial, Inc., the parent company of the Richmond-based brokerage firm. This acquisition significantly expanded BB&T's brokerage and wealth management capabilities....more
Truist Wealth Website • Ongoing
Truist Wealth, which incorporates the legacy of BB&T Scott & Stringfellow, continues to provide comprehensive wealth management, investment, and advisory services to clients, leveraging the combined strength and resources of Truist Financial Corporation....more
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