CUSO Financial Services and Sorrento Pacific Financial Rank as Top 5 Third Party Marketers in List by Bank Investment Consultant Magazine

Annual TPM survey from Kehrer Saltzman & Associates confirms broker dealers' expanding market share and continued growth in clients

Sep 19, 2013, 10:58 ET from CUSO Financial Services, L.P.

SAN DIEGO, Sept. 19, 2013 /PRNewswire/ -- Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, together have ranked as number five in Bank Investment Consultant magazine's Top 10 Third-Party Marketers list. The ranking was based on assets under management.


The magazine's list also includes data from an annual survey conducted by strategic management consulting firm Kehrer Saltzman & Associates (KSA). The Kehrer Saltzman Annual TPM Report is a survey of the largest third party broker dealers providing investment and insurance services to banks and credit unions. Conducted annually since 2006, the report encompasses 2,659 financial institutions that partner with the dozen largest TPMs.

The KSA report breaks down numerous categories such as number of financial institution clients, number of registered representatives, and assets under management. The 2013 report shows positive growth for CFS and SPF, including a 10 percent increase in financial institution clients, up to 185 in 2012 as compared to 167 in 2011.

Valorie Seyfert, president and CEO of CFS and SPF, says "It is an honor to be included in both lists again this year, and to see numbers continue to reflect our steady and consistent growth. To have our client list expand 10 percent in one year is a testament to our many great employees who commit themselves to providing the highest level of innovation and customer service. It's gratifying to watch the statistics rise and we look forward to continued growth each year."

Credit unions and banks interested in investment services can call CFS at 1-800-686-4724 or SPF at 888.805.5585.

About CUSO Financial Services, LP and Sorrento Pacific Financial LLC

Full-service, sister broker dealers CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial LLC (SPF) (Members FINRA/SIPC) provide customized investment and insurance solutions to financial institutions throughout the country. Headquartered in San Diego, with branch offices and licensed representatives nationwide, both broker dealers are SEC Registered Investment Advisers, with expertise in key areas including retirement services, wealth management, and fee-based and insurance products for both individuals and business customers.  For more information, see or

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SOURCE CUSO Financial Services, L.P.