ICBA News Release
FOR IMMEDIATE RELEASE
ICBA Chooses Investment Centers of America, Inc. as the Preferred Service Provider for Retail Brokerage Services
Washington, D.C. (February 27, 2012)—The Independent Community Bankers of America (ICBA) today announced that it has selected Investment Centers of America, Inc. (ICA) as the Preferred Service Provider (PSP) for retail brokerage services. The new agreement will provide ICBA members with access to a full menu of financial planning solutions and integration resources to help serve their customers.
“ICA’s client-centric, needs-based approach to helping community banks build and enhance retail brokerage and financial planning programs benefits our members by helping them continue to serve their customers and focus on relationship banking, which is something they are already well-known for,” said Dan Clancy, executive vice president of services for ICBA.
ICA has helped many community banks build, redefine and improve retail brokerage programs. The firm services more than 250 financial institutions nationwide, providing a comprehensive solution set specifically designed for the community bank marketplace. ICA’s retail brokerage program features an open architecture product menu, scalable web-based technology that incorporates paperless office capability – including imaging, electronic order entry and eSignature capture – and WealthONETM, a proprietary fee-based platform.
“It is a privilege to serve as a Preferred Service Provider for the ICBA membership,” said Greg Gunderson, president/chief executive officer of Investment Centers of America, Inc. “Community banks have a unique opportunity to grow market share in the financial planning arena by virtue of the long-standing and trusted relationships they’ve built with their customers. At ICA, our mission is to support these banks as they enhance their offerings, and do it in a way that is customer and community focused.”
ICA supports its bank brokerage programs with several professional service teams, including Regional Relationship Managers, an internal marketing development and creative services department, a dedicated financial planning resource department called the “Financial Solutions Team” and a Financial Institution Integration Specialist.
About Investment Centers of America, Inc.
Headquartered in Bismarck, ND, Investment Centers of America, Inc. (ICA) has more than 25 years of experience helping community banks develop, implement and enhance their retail brokerage services programs. ICA, a member of the National Planning Holdings, Inc. (NPH) broker-dealer network, has more than 250 financial institution customers nationwide. For more information, visit www.joinica.com.