Jun 10

Karen Benedict Named to Bank Investment Consultant’s Top 30 Program Managers

Herndon, VA—Northwest Financial Advisors is proud to announce that Karen Benedict, senior vice president and investment program manager for Northwest Financial Advisors (NWFA), a subsidiary of Northwest Federal Credit Union, was recently ranked No. 29 on Bank Investment Consultant’s (BIC) Top 30 Bank Program Managers list.1 This is the third consecutive year that Benedict has made the prestigious list.

Bank Investment Consultant, a leading news and analysis source for bank and credit union advisors, program managers and executives, ranked the nation’s bank and credit union investment program managers on several quantitative criteria to produce a list of well-rounded professionals. These criteria include the number of advisors managed, team assets under management (AUM), growth percentage of their team’s annual production and production per advisor.

NWFA President/CEO Kevin Fisher said, “It’s quite an accomplishment to land on BIC’s top program managers list for three consecutive years. This recognition honors Karen’s role in firmly establishing Northwest Financial Advisors as the No. 1 LPL Financial credit union investment program in the nation.2 I am proud of Karen’s performance on behalf of Northwest Financial Advisors, and I congratulate her and our advisors on this achievement.”

“On behalf of LPL, I congratulate Karen Benedict on being recognized for her leadership and ability to deliver value to Northwest Federal Credit Union and its members,” said Arthur Osman, LPL Financial executive vice president, Institution Services. “We thank her and the team for the work they do providing objective financial advice and guidance to help their clients work toward their unique financial goals, and we wish them continued success.”

The investment program at Northwest Federal Credit Union is supported by LPL Financial, a leading retail investment advisory firm and independent broker/dealer. LPL Financial is the nation’s leading provider of third-party investment services to financial institutions, offering insurance and investment services to over 800 banks and credit unions nationwide.3 LPL’s Institution Services offering provides consulting, back office support, access to technology and resources delivering integrated capabilities and solutions to address the evolving needs of bank and credit union investment programs.

Under Benedict’s leadership, NWFA’s growing team of advisors collectively served $1.31 billion in brokerage and advisory assets, and gross asset inflows reached $122.6 million (an increase of more than $10 million over 2017) as of year-end 2018. To view BIC’s 2018 list, visit bic.financial-planning.com.

 

About Northwest Financial Advisors

Serving individuals and businesses across the nation for more than two decades, Northwest Financial Advisors (NWFA) is owned by NW Capital Management, a wholly owned subsidiary of Northwest Federal Credit Union. The firm offers a comprehensive range of personalized, objective wealth management advice and solutions to help individuals and families work toward creating, growing and preserving their assets. LPL Financial, the nation’s leading independent broker-dealer and NWFA’s securities custodian,ranked NWFA the No. 1 investment program among its credit union programs and the No. 7 investment program among its bank and credit union programs combined in 2019. Visit www.nwfllc.com for more information. 

 

About LPL Financial

LPL Financial (www.lpl.com) is a leader in the retail financial advice market and the nation’s largest independent broker-dealer.4 The firm serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.

 

1BIC ranking based on number of advisors managed, team assets under management (AUM), growth percentage of team’s production and production per advisor as of year-end 2018. BIC uses variables that account for size, as well as metrics that capture growth and efficiency to well-rounded professionals, as opposed to those who excel in one area but fall short in others.
2Rankings based on total production among all LPL Financial FIS advisors through March 31, 2019.
3Source: 2017/2018 Kehrer Bielan TPM Survey. Based on Financial Institution Market Share.
4Based on total revenues, Financial Planning magazine June 1996-2018.
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 Federal Credit Union and LPL Financial are nonaffiliated entities.
Not NCUA Insured.  |  Not Credit Union Guaranteed.  |  May Lose Value.

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Mar 12

Northwest Financial Advisors Captures LPL Financial’s Institution Services Investment Program of the Year Award

Credit union investment program awarded at LPL’s annual Program Leadership Conference

Herndon, VA — Northwest Financial Advisors (NWFA) claimed the #1 spot for financial institution-based investment programs at LPL Financial’s annual Program Leadership Conference for top bank and credit union executives. Karen Benedict, Northwest Financial Advisors’ Sr. VP and program manager, was in attendance and accepted the award.