Third-party marketer Invest Financial Corp. picked up another bank client.
The Tampa, Fla.-based broker dealer will provide brokerage and investment services for Equity Bank, a community institution with 29 branches across Kansas and Missouri. Based in Andover, Kan., it has about $1.2 billion in assets.
The bank currently has three advisors and $75 million in assets under management, according to an email response from a bank spokesman. It plans to increase its program to seven or eight advisors over the next couple of years, he said.
Invest currently supports more than 150 banks and credit unions and more than 1,100 advisors nationwide. Through our customer service, technology solutions and operations support, we aim to build a lasting relationship with this organization, said Steve Dowden, president and chief executive officer of Invest, in a press release. Together, we can increase back-office productivity and efficiency, providing a first-rate experience for everyone involved.
Invest is a subsidiary of National Planning Holdings, which is an affiliate of Jackson National Life Insurance Co.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access