The list recognizes successful bank and credit union program managers based on several key factors, including total team assets*, percentage growth of team assets, annual team production, growth of the institution’s investment business, average production per advisor and the number of advisors and licensed branch employees supervised by the program manager.
LPL program managers recognized on the list include:
“On behalf of LPL, I congratulate these outstanding program managers on receiving this industry distinction,” said Arthur Osman, LPL executive vice president, Business Consulting. “The leadership displayed by these program managers has played an integral role in building successful investment programs at their institutions. We are proud to support these program managers and their teams with the platform and resources that enable them to deepen the level of service they can provide to their customers and members and grow their instituion’s bottom line.”
LPL Financial Institution Services is the nation’s leading provider of third-party investment services to financial institutions, offering insurance and investment services to approximately 750 banks and credit unions nationwide*. Institution Services provides resources, high-touch service, consulting and technology solutions to support bank and credit union wealth management programs.
The full BIC Top 25 Advisors list for 2017 can be found online at www.bankinvestmentconsultant.com.
*The AUM figure reported by BIC includes advisory and brokerage assets serviced by the advisor team. Figures are as of 3/31/2017.
** 2016/2017 Kehrer Bielan TPM Survey. Based on Financial Institution Market Share.
LPL Financial, Bank Investment Consultant, and the listed banks and credit unions are all separate entities.