Updated Tuesday, September 2, 2014 as of 10:02 AM ET
Credit Unions Outperform Bigger Banks on Cross-Selling
Credit unions generated more revenue from investment sales based on deposits than did banks large enough to own their broker dealer.
More in Third Party Marketers
Third-party broker-dealers increased the number of advisors they deploy by 1.5% and upped the number of financial institutions they serve by 2.6%. more »
The broker-dealer was censured and fined for selling unsuitable exchange-traded funds to customers. more »
Only 40 banks have their own brokerage units, a mere 2% of the 1,809 banks that offer investment services. more »
DataPak will enable financial institutions to infuse customer data from their wealth management or brokerage operations into their core systems. more »
The new relationship will allow the Huntsville, Ala.-based credit union to expand its current investment services program. more »
Bank Investment Consultant is compiling its ranking of the best program managers in the bank channel. Be sure to get your nominations in. more »
“We’re not maniacally focused on how many advisors we have affiliated with the firm,” says Scott Curtis, president of Raymond James Financial Services. more »
Advisors in the field, or those who cover multiple bank branches, will be able to electronically transport clients’ documents in an easier format. more »
The U.S. is in the midst of an economic revolution akin to the Industrial Revolution of the late 1700s and early 1800s, says Raymond James strategist. more »
Cetera will provide the Chambersburg, Pa.-based community bank with investment, insurance and fee-based advisory services and support. more »
The Tupelo, Miss.-based financial holding company selected Infinex Financial Group to manage its investment services program. more »
10 Signs Your Clients May Be Slipping
The September Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

September 9, 2014 |

September 17, 2014 |

September 17, 2014 | Chicago, IL

September 20, 2014 |

September 28, 2014 |

Already a subscriber? Log in here