SAN ANTONIO, Oct. 13, 2016 /PRNewswire/ -- Investment Professionals, Inc. (IPI), a national leading provider of investment services to individuals and community banks, announced today that it has partnered with Texas Security Bank, a $298 million bank headquartered in Dallas, TX, to provide investment services to their customers.
An analysis of the institution's financial opportunity revealed a substantial impact to the bank's return on average asset (ROAA) with the implementation of an IPI retail bank investment program. Additionally, the projected customer retention, opportunity to strengthen relationships and community credibility, and increased market share against Texas Security Bank's competition created a fresh approach to remaining competitive. IPI's flexibility in designing a program that speaks specifically to their bank partners' needs is a key offering that makes their programs successful and embraces each of their partners' uniqueness.
"IPI is honored to partner with Texas Security Bank to provide their unique entrepreneurial customer base with additional products and services outside normal banking functions they value and need," said Scott Barnes, IPI Chairman and Founder. "We look forward to a prosperous partnership that cultivates and strengthens long-lasting relationships for the bank.
By partnering with IPI, Texas Security customers have the opportunity to work with a financial professional to assess their current financial situation and explore wealth management opportunities to help provide a secure future for them and their legacy. Through IPI, Texas Security now provides convenient access to a full range of investment products and services, including financial and retirement planning, fixed income, fee-based products, insurance, and annuities in all of their branch locations.
"As a community bank, we found that IPI fully understood our specific needs and proposed attractive growth opportunities for our institution," said Shon Cass, SVP, Retail Banking and Treasury Management. "IPI offers services that are specifically designed for community bank investment programs like ours. We were particularly impressed by the firm's capabilities and experienced team, including their hands-on approach to managing our new program and understanding of community bank culture. I am confident this partnership will help us grow deeper relationships with our customers."
Learn how IPI can help your customers prepare for their future with an on-site investment program at your financial institution by contacting one of our experts: (800) 679-1237 or visit www.invpro.com.
About Investment Professionals, Inc.
Investment Professionals, Inc. (IPI) is a leading San Antonio, Texas, based independent investment, insurance brokerage and asset management firm. Since 1992, IPI has specialized in the increase of ROA/ROE and on-site delivery of investment programs for community financial institutions across the U.S. For more information about IPI and its financial professionals, visit www.invpro.com or connect with IPI on Twitter and LinkedIn.
NO BANK GUARANTEE | NOT A DEPOSIT | NOT FDIC INSURED | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | MAY LOSE VALUE All Securities and Advisory Services offered through Investment Professionals, Inc., a Registered Broker/Dealer & Registered Investment Advisor and member FINRA & SIPC.
VP, Director of Marketing
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/investment-professionals-inc-adds-texas-security-bank-as-latest-nondeposit-investment-program-partner-300341395.html
SOURCE Investment Professionals, Inc.