OnPoint Community Credit Union has switched its investment services program to Raymond James Financial Services after a 10-year stretch with CUSO Financial Services.
According to Raymond James, the Portland-based credit union was drawn to the firm's investment and advisory services, advanced technology and high level of broker-dealer support.
"OnPoint is proud to have offered our members access to high-quality investment choices for more than 10 years," Rob Stuart, OnPoint's president and CEO, said in a statement. "This transition to Raymond James gives our members even more options to help secure their financial future. With more robust offerings and added educational tools, this new relationship will provide our clients access to one of the most respected investment firms in the country."
With $3.5 billion in assets and more than 274,000 members, OnPoint is Oregon's largest credit union. Its investment management program consists of eight advisors, who manage approximately $219 million in client assets.
- Trying to Recruit Credit Union Reps? Offer Separate Pay Plans for Junior, Senior Advisors
- CUSO, Sorrento Introduce Online Training Center
- Secrets to Boosting Advisor Productivity in Credit Unions