Dec 19

Russ Cesari and Jim Christy Rank in Top 25 of Bank Investment Consultant’s Top 100 Bank Advisors List

Herndon, VA — Two of Northwest Financial Advisors’ (NWFA) most seasoned wealth advisors — Russ Cesari and Jim Christy — recently ranked in the top 25 of Bank Investment Consultant’s 2017 Top 100 Bank Advisors list.

Bank Investment Consultant (BIC), an online dedicated resource for bank-based financial advisors and managers, ranked Cesari #5 and Christy #18 on its annual list which recognizes a distinct group of top-performing financial advisors within the nation’s banks and credit unions. Cesari and Christy have each ranked in the top 25 of BIC’s list for the last five years. The ranking is based on six quantitative factors of individual performance, including but not limited to assets under management (AUM), production and amount of fee-based business, to produce one composite score and reveal advisors who perform highly across the board.1

Kevin Fisher, president & CEO of NWFA said, “Both Russ and Jim have led the growth of our business from its early years and have played a major role in driving the firm’s advisory AUM from $228 million in 2007 to $1 billion today. I’m extremely proud of both advisors who are leaders in their field and pleased that they have, once again, been recognized for demonstrating excellence in their profession. What this ranking does not convey, however, is the trusted relationships that they have formed with their clients and the care and diligence with which they manage their clients’ accounts. While their performance numbers are impressive, it’s these qualitative factors that most contribute to their exceptional performance and should not be missed.”

“It is always a delight to see our advisors rank on this respected list,” said NWFA’s senior VP and program manager, Karen Benedict. “Both gentlemen are tireless in addressing the concerns of their clients, who often have complex and sometimes emotionally-laden financial circumstances. But each has their own method of effectively tapping into their own experience and proficiencies to deliver valuable financial advice and solutions to the people who depend on them.”

Cesari has been with Northwest Financial Advisors, the investment program serving Northwest Federal Credit Union, for over 16 years, followed closely by Christy who has been with the firm for 14. Both advisors have also been nationally recognized as top-performing Financial Institution Services (FIS) financial advisors by LPL Financial,2 the nation’s leading independent broker-dealer3 and NWFA’s securities custodian.

The detailed list of BIC’s 2017 top bank advisors can be viewed at bankinvestmentconsultant.com.

 

About Northwest Financial Advisors

Serving metropolitan Washington, DC individuals and businesses for more than two decades, Northwest Financial Advisors (NWFA) is owned by Northwest Capital Management, a wholly owned subsidiary of Northwest Federal Credit Union, and offers a comprehensive range of personalized, objective wealth management advice and solutions to help individuals and families create, grow and preserve their assets. LPL Financial, the nation’s leading independent broker-dealer3 and NWFA’s securities custodian, ranked NWFA the No. 1 investment program among its credit union programs and the No. 6 investment program among its bank and credit union programs combined in 2016 (based on total investment revenue). For more information about Northwest Financial Advisors, visit www.nwfllc.com.

 

About Bank Investment Consultant

Bank Investment Consultant is the dedicated resource for bank-based financial advisors and wealth managers. As advisors in the bank channel contend with changing fee models, competition from independent and wirehouse firms, and increased compliance guidelines, only Bank Investment Consultant delivers the relevant bank- and investment-related analysis and insights required to make smart investment decisions, better serve retail clients and achieve financial performance goals. As a sibling brand of Financial Planning and American Banker, Bank Investment Consultant is ideally positioned to serve the needs of these professionals, bringing deep resources and an authoritative perspective.

 

About LPL Financial

LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), is a leader in the retail financial advice market and served approximately $530 billion in brokerage and advisory assets as of March 31, 2017. LPL is one of the fastest growing RIA custodians and the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2017), and the firm and its financial advisors were ranked No. 1 in net customer loyalty in a 2016 Cogent Reports™ study. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 14,000 financial advisors and over 700 financial institutions, enabling them to provide a range of financial services including wealth management, retirement planning, financial planning and other investment services to help their clients turn life's aspirations into financial realities. Financial advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $135 billion in retirement plan assets, as of March 31, 2017. Additionally, LPL supports approximately 3,900 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have more than 3,300 employees with primary offices in Boston, Fort Mill and San Diego. For more information, visit www.lpl.com.

 

1As reported on BankInvestmentConsultant.com, December 6, 2017, based on assets under management (AUM), production, percentage growth in both AUM and production, fee business and the ratio of production- to-AUM.
2Rankings based on total advisory production among all LPL Financial FIS advisors through June 30, 2017.
3As reported by Financial Planning magazine, June 1996-2017, based on total revenue.
Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Investment advice offered through Northwest Financial Advisors, a registered investment advisor (RIA). Northwest Financial Advisors, Northwest Capital Management, Northwest Federal Credit Union and Bank Investment Consultant are not affiliated with LPL Financial.
Not NCUA Insured. | Not Credit Union Guaranteed. | May Lose Value.

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