Ford McTee Joins U.S. Capital Advisors as Austin Market Manager - June 8, 2012

HOUSTON, TX (June 8, 2012)— U.S. Capital Advisors LLC (“USCA”) announced today that Clifford “Ford” McTee III has joined the company as a Managing Director and Austin Market Manager. Mr. McTee comes to USCA from Wells Fargo Advisors, where he was a Senior Vice President overseeing 13 wealth management offices in Central and West Texas. Ford will be responsible for the expansion and management of USCA’s wealth management business in the Austin market.

Mr. McTee joins USCA with 26 years of experience in the financial services industry; starting his career in Corpus Christi,Texas with Merrill Lynch and then joined Prudential Securities in 1991. Mr. McTee was with Wells Fargo Advisors and its legacy firms for 21 years, transferring to Austin in 1994, and then to Dallas, where he ran the Southwest region for five years covering four states and 550 financial advisors in 28 offices.

Mr. McTee transferred back to Austin 10 years ago to be where he and his wife of 30 years consider home. In Austin, he oversaw a region with 13 offices, 120 financial advisors and 60 professional support staff. His 17 year history in Austin makes him the longest tenured manager in the city.

“Ford’s deep experience running multi-state operations and his consistent and honest leadership philosophy will be great assets as USCA works to grow our Austin market presence,” said USCA Managing Partner Patrick Mendenhall. “As one of the most successful and well respected market leaders in the industry, we feel that Ford properly reflects USCA’s commitment to hire the best talent in our focus markets.”

Mr. McTee commented, “What attracted me to U.S Capital Advisors is the building of a wealth management boutique with a laser focus on providing advisors the platform and tools they need to provide a superior client experience, without all the distractions and bureaucracy that comes with the large bank-owned wire houses. My goal has always been to provide value every day to my financial advisors and their clients, and USCA will allow me to accomplish this goal much more effectively.”

About U.S. Capital Advisors LLC

U.S. Capital Advisors is is an integrated financial services boutique, providing a full range of advisory services and solutions to high net worth individuals, family offices and institutional clients. Based in Houston, TX, USCA is led by seasoned professionals with proven track records in the industry. Privately owned, the firm launched business operations in late 2010. Securities services are provided through USCA Securities LLC, Member FINRA/SIPC, and Investment Advisory Services are offered through USCA RIA LLC.

Chris Bradshaw
Managing Partner, Chief Financial Officer
U.S. Capital Advisors LLC