Seven credit union members meet to collaborate
on the betterment of their wealth management programs
SAN
DIEGO, March 28, 2024 /PRNewswire/ -- Cetera
Financial Group, the premier financial advisor Wealth Hub,
announced that Cetera Financial Institutions has launched a
groundbreaking new Credit Union Council, aimed at providing
Cetera's participating credit union partners with a forum to share
ideas, best practices and other thought leadership for the
betterment of their wealth management programs. The inaugural
council is comprised of seven members, who held a successful
meeting in early March 2024. Members
include representatives from: Numerica Credit Union, Meriwest
Credit Union, A+ Federal Credit Union, Rogue Credit Union, Langley
Federal Credit Union, GTE Financial Credit Union and Achieva Credit
Union.
"Credit unions fill a vital role in the financial services space
and in their local communities. We are being intentional in helping
our credit unions meet the needs of their members through our
growing partnerships with them. We understand and take seriously
our duty and commitment to serving our credit union partners to the
best of our ability," said Cetera Financial Institutions President
and CEO LeAnn Rummel. "In addition
to providing credit unions a place to collaborate, this council
will also serve as a litmus test to show us how we can continue to
optimize the already excellent service we offer our valued credit
union clients. Watching these talented credit union leaders put
their heads together in the kickoff meeting was inspiring and
productive – I look forward to seeing what comes from this council
in the future."
"I am profoundly grateful for the opportunity to contribute to
the Credit Union Council's mission of elevating, enhancing, and
empowering credit union investment programs to perform beyond their
perceived limitations," said Aaron
Persons, vice president of Wealth Management for A+ Federal
Credit Union. "Cetera's core values and culture are perfectly
aligned with the credit union principle of 'cooperation among
cooperatives' and together, we pave the path towards a future of
unparalleled success."
"We are delighted to be part of the inaugural Credit Union
Council established by Cetera Investment Services; a collaborative
platform dedicated to elevating the credit union experience," said
Ian K. Foo, AIF, president of
Meriwest Wealth Advisors, part of Meriwest Credit Union. "By
fostering innovation and knowledge-sharing, this initiative
underscores our commitment to empowering credit unions to thrive
and deliver exceptional value to their members. Together, we're
shaping the future of financial services, ensuring that credit
unions within Cetera continue to set the standard for excellence in
member service and satisfaction."
Foo serves as chair of the newly-formed council while
Najib Khan, a leader from Langley
Investment Services within Langley Federal Credit Union, serves as
vice-chair. The launch of the credit union council builds the
recent momentum displayed by Cetera Financial Institutions,
including its affiliation of Hawaii State Federal Credit Union and
its innovative partnership with Wealth Access, the leading customer
data insights platform unifying and enriching data to power
hyper-personalized experiences for financial institutions and
investment clients. Click here to learn more about Cetera's
resources and support for financial institutions.
About Cetera
Cetera Financial Group, which is owned by Cetera Holdings
(collectively, Cetera), is the premier financial advisor Wealth Hub
where financial advisors and institutions optimize their control
and value creation. Breaking away from a commoditized and
homogenous IBD model, Cetera offers financial professionals and
institutions the latest solutions, support, and services to grow,
scale, or transition with a merger, sale, investment, or succession
plan. Cetera proudly serves independent financial advisors, tax
professionals, licensed administrators, large enterprises, as well
as institutions, such as banks and credit unions, providing an
established and repeatable blueprint for scalable growth.
Home to more than 12,000 financial professionals and their
teams, Cetera oversees more than $475
billion in assets under administration and $190 billion in assets under management, as of
December 20, 2023. In a recent
advisor satisfaction survey of more than 32,000 reviews, Cetera's
Voice of Customer (VoC) program vigorously measures advisor
experience and satisfaction 24/7. Currently, it's ranked 4.8 out of
5 stars.
Visit www.cetera.com, and follow Cetera
on LinkedIn, YouTube, Twitter and Facebook.
"Cetera Financial Group" refers to the network of independent
retail firms encompassing, among others, Cetera Advisors LLC,
Cetera Advisor Networks LLC, Cetera Investment Services LLC
(marketed as Cetera Financial Institutions or Cetera Investors),
and Cetera Financial Specialists LLC. All firms are FINRA/SIPC
members. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/cetera-financial-institutions-launches-credit-union-council-302102029.html
SOURCE Cetera Financial Group