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Ayers Asset Management is a family-owned private investment company based in Nashville, Tennessee with an office in Parsons, Tennessee. Founder Jim Ayers grew up in rural West Tennessee, and nurtured FirstBank from a single branch in Scotts Hill, TN, into Tennessee's largest independently owned and operated bank, with more than $4.9 billion in total assets and more than 40 locations. The company manages a diversified portfolio of investment assets and has owned numerous apartment communities as well as several million square feet of office and industrial space primarily in the Southeast and Midwest US regions. Other portfolio assets have included direct investments in health care, banking, insurance, technology, automobile dealerships, manufacturing, wealth advisory services, as well as numerous direct and indirect investments in private equity and public securities. In 1999, Jim Ayers established The Ayers Foundation, which supports a wide range of programs and institutions, with an emphasis on education in Henderson and Perry Counties, as well as his home county of Decatur. He also established and funded the Ayers Institute at Vanderbilt University, which conducts advanced cancer research, the Ayers Children's Hospital in Jackson, TN and the Ayers Institute for Teacher Learning and Innovation at Lipscomb University.
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