Mendo Lake Credit Union is partnering with RIA firm Golden State Wealth Management to provide financial advisory services to its 28,000 members.

The Ukiah, Calif.-based credit union had not previously offered investment services, it said.

Image: Adobe Images
Image: Adobe Images

As part of the partnership arrangement, Mendo Lake Credit Union members will be able to meet with Golden State advisers in the credit union's local branches. The credit union serves residents of Mendocino and Lake counties.

"Mendo Lake Credit Union is excited to announce our partnership with Golden State Wealth Management," the credit union's CEO, Richard Cooper, said in a statement. "We look forward to them providing our members with investment opportunities, comprehensive asset management, and the added benefits of retirement and estate planning."

Three Golden State wealth managers, including the firm's founding partner, will serve the credit union's four branches.

"As a member of Mendo Lake Credit Union and a resident of Mendocino County, I am thrilled to provide our community with the services that our financial advisers offer," Daniel Catone, president of Golden State Wealth Management, said in a statement. "My hope is that this partnership brings further freedom and prosperity to Mendocino and Lake counties."

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Golden State Wealth Management has approximately 16 advisers and more than $102 million in assets under management, according to the ADV form it filed with the SEC. It is affiliated with LPL Financial and is based in South Coast Metro, Calif.