Redstone Federal Credit Union has moved its investment services program to LPL Financials Institution Services platform. The new relationship will allow the Huntsville, Ala.-based credit union to expand and enhance its current program, according to an announcement LPL released on Tuesday.
Choices and service are what we at Redstone strive to deliver, and LPL Financial is the right partner for Redstone Brokerage Services, Joseph H. Newberry, president and CEO of Redstone Federal Credit Union, said in a statement.
Redstone Brokerage Services has eight financial consultants and approximately $317 million in client assets, according to LPLs announcement.
As one of the most well respected credit unions in the country, Redstone has a long and successful history of providing outstanding service to its members. We are pleased to help them grow their business and create new opportunities, Craig Kamis, senior vice president of Business Development & Advisor Recruiting at LPL Financial Institution Services, said in a statement.
LPL Financial currently serves more than 724 banks and credit union with brokerage, trust and wealth management services.