Native American Art For Profit


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Native American Art For Profit

Native American Art For Profit

During a New York-based televised interview on CNBC, a Sioux Tribal representative announced the purchase of a U.S. financial services company. With this transaction, Westrock Group becomes the first U.S. full service financial services firm to be wholly-owned by a Native American tribe.

Michael Jandreau, Chairman of LBC Western Holdings, LLC and a member of Lower Brule Sioux Tribe in South Dakota, said the opportunity to buy Westrock Group started to develop after two and a half years of due diligence.

“This is a landmark event for our Tribe and for all American Indians. Over the past three years, we have gotten to know Don Ickes and his team at Westrock and admire what they have accomplished. The Lower Brule Sioux Tribe has made an investment in Westrock to diversify our sources of revenue and participate directly in the United States capital markets," Jandreau said in a Westrock released statement. He appeared September 9, on the CNBC show "Street Signs" with Donald J. Hunter, CEO and President of Westrock. .