Three Program Managers from CUSO Financial Services Place in the Top 20 List from Bank Investment Consultant Magazine

Inclusion in this list shows the great strides investment programs have made in credit unions

May 28, 2013, 11:14 ET from CUSO Financial Services, L.P.

SAN DIEGO, May 28, 2013 /PRNewswire/ -- Three program managers affiliated with CUSO Financial Services, L.P. (CFS), a full-service broker dealer and SEC Registered Investment Adviser that provides customized investment and insurance solutions to credit unions, have been included among the top 15 of Bank Investment Consultant magazine's Top 20 Program Managers list. This is the third year that program managers from CFS have made it onto the list, which was traditionally dominated by managers from large bank brokerage firms.


The program managers included in the list are: #11, Joe Devine from Fairwinds Credit Union in Orlando, Florida; #12, Mike Haggerty from CommunityAmerica Credit Union in Lenexa, Kansas; and #15, Aaron Persons from University Federal Credit Union in Austin, Texas. This is the greatest number of managers and highest ranking that CFS program managers have yet achieved and bodes well for the increasing sophistication of investment programs in the credit union industry.

"When we founded CFS, our intent was to raise the level of support and professionalism for credit union investment programs," said Valorie Seyfert, president and CEO of CUSO Financial Services. "Through partnership with the credit unions and by establishing the investment programs as a core service offering to members we have taken great strides in achieving that goal. We believe that inclusion of three of our affiliated program managers in this year's list underscores that success. We are very proud of them all."

The prestigious annual list ranks investment program managers using a weighted average that assesses five different variables: growth in team assets, growth in team production, average production per advisor, number of financial advisors the manager oversees, and number of licensed bank employees (LBEs) the manager oversees.

About CUSO Financial Services, L.P.

Established in 1997, CUSO Financial Services, L.P. (Member FINRA/SIPC) is headquartered in San Diego and works with more than 150 credit unions across the country.  With branch offices located nationwide, CFS is a full-service broker/dealer and SEC Registered Investment Adviser offering customized investment and insurance solutions to credit unions. For more information, call 858-530-4400 or visit

Beth Walsh

SOURCE CUSO Financial Services, L.P.