SAN ANTONIO, June 11, 2012 /PRNewswire/ -- Investment Professionals, Inc. (IPI) announced it's celebrating twenty years of doing business. The cause for celebration is not simply their longevity, but the fact that they thrived through the financial services fallout, and have emerged stronger than ever.
IPI has developed into one of the fastest growing, most highly regarded companies in the financial services sector.
Specializing in the on-site delivery of investment programs for community banks and other financial institutions, IPI currently partners with more than 130 financial institutions across the country, whose assets range from $35 million to over $6 billion. IPI has more than $5.8 billion under management for over 90,000 clients. The company has no debt and currently employs more than 300 people.
One of the reasons IPI has done so well is that the company began with the untapped market of community banks – IPI's "blue ocean." Scott Barnes, Founder and Chairman, says, "We live in a community bank world. No one else goes as deep as we do, servicing all sizes of institutions." It's this approach that allowed IPI to grow during the economic downturn. While other companies were laying off personnel and contracting, IPI was expanding.
CEO, Jay McAnelly, adds, "IPI has made it of paramount importance to understand our community bank clients and their markets. IPI sees its business as building strategic partnerships. Bankers describe it as the ideal relationship between a broker-dealer and a bank." McAnelly continues, "Furthering our commitment to our partner banks, IPI is introducing an exciting development. It's a new approach to help identify referrals for bank products as well as investment products."
Another way IPI has had a huge impact is with its "human capital" approach, helping individuals with their finances. It is an integral part of the IPI mission. When many people think they will outlive their money, IPI can assist them in restructuring their savings and investments to not only preserve capital, but to get to a position to pass money on to future generations. This is what Barnes calls, "the higher purpose of human capital."
When asked the secret to IPI's success, Scott Barnes is quick to answer. "It's people," he says," and you can put a period after that."
About Investment Professionals, Inc.
Investment Professionals, Inc. (IPI) is an independent Texas-based investment and insurance brokerage and asset management firm specializing in the on-site delivery of investment programs for financial institutions across the United States.
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SOURCE Investment Professionals, Inc.