Thursday, April 19, 2018

Wealth Management: We're Joining Forces With PenFed


Today, with PenFed Credit Union, we announced the availability of new wealth management and investment services for more than 1.6 million PenFed members through our affiliate, CUNA Brokerage Services, Inc. (CBSI)

“CUNA Mutual Group and PenFed share a common mission that centers around helping people plan for and secure their financial futures,” said Rob Comfort, president, CUNA Brokerage Services, Inc. “This new relationship will provide much broader access for PenFed members to critical financial advice that will help more members and their families.”

PenFed is the nation’s second largest federal credit union with more than $23 billion in assets. Today, it offers its members a comprehensive portfolio of wealth management services including financial planning, investment management and trust and fiduciary services. PenFed Wealth Management currently has financial advisors across the continental U.S. and Hawaii.

CBSI is the leading broker-dealer and registered investment advisor serving the credit union industry and offers a full range of investment and insurance solutions empowering credit unions to help their members achieve financial security. CBSI has approximately 285 credit union programs, 430 advisors, and more than $25 billion in assets under management.