Pinnacle Financial Partners Adds Two Financial Services Veterans to Its Louisville Team

Pinnacle Financial Partners has added Rick Tobe and Philip Culver as wealth financial advisors at the firm’s Louisville Lakeview office. Together they bring more than 25 years of combined private banking and wealth management experience and will focus on serving clients across the Louisville area. Tobe and Culver join the firm as Louisville continues on a strong growth path.

“Rick and Philip are the kind of advisors people follow, and they both fit naturally into what we’re building in Louisville,” said Mark Raque, who leads wealth advisors for the Louisville market. “Rick has deep roots here and a long track record of caring for clients in a personal way. That’s the heart of our model. Philip is known for delivering customized wealth strategies and empowering clients to make confident financial decisions. Both understand the responsibility that comes with being a client’s first call for financial advice, and they’ll help us keep meeting the needs of a growing client base.”

Tobe joins Pinnacle from Stock Yards Bank & Trust, where he served as vice president in the private banking group. Before that, he owned and led a State Farm agency and held roles in commercial insurance, energy trading, and commercial banking. He earned his MBA and has been active in developing long-term business relationships across Louisville’s commercial and professional communities.

Culver comes to Pinnacle with more than 15 years of experience in private banking and wealth management, most recently serving as a wealth management advisor at Fifth Third Private Bank. He has a proven record of developing tailored investment, lending, insurance, and estate planning strategies for high-net-worth clients. Culver is known for his collaborative approach and for building lasting relationships through trust, transparency, and customized financial guidance. He previously held roles with PNC Private Client Group and Merrill Lynch. Culver earned his bachelor’s degree in economics from the University of Louisville.

Over the last year, Pinnacle has grown its local presence by recruiting seasoned bankers, expanding its capacity to serve businesses and families, and continuing significant gains in both loans and deposits. The firm grew local deposits by more than 440 percent from June 30, 2024 to June 30, 2025, according to FDIC data. These investments reflect the firm’s long-term commitment to Louisville and its confidence in the region’s momentum.

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2025 deposit data from the FDIC. Pinnacle is No. 9 on FORTUNE magazine’s 2025 list of 100 Best Companies to Work For® in the U.S., its ninth consecutive appearance and was recognized by American Banker as one of America’s Best Banks to Work For 12 years in a row and No. 1 among banks with more than $10 billion in assets in 2024.

Pinnacle began working in Kentucky in 2017, serving clients from Nashville, TN. The firm officially launched its first locally-based teams and offices in the state in 2022 by recruiting high-performing teams of bankers to bring Pinnacle into Bowling Green, Louisville and the surrounding areas.

The firm began operations in a single location in downtown Nashville, TN, in October 2000 and has since grown to approximately $56.0 billion in assets as of Sept. 30, 2025. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.