Polaris Financial

Thanks to The Erwin Record for helping to announce our recent partnership with CLINCHFIELD FCU! Our team is looking forward to working with the credit union staff to bring investment services to the membership! https://lnkd.in/e4Cb25bd #tennesee #investing #creditunionnews

In this post we discuss how credit unions can use digital to improve member experience in their wealth management program. https://lnkd.in/ext83xmN #CreditUnions #WealthManagement #FinancialServices #Leadership #BankingInnovation #MemberTrust #FinancialGrowth #fintech #memberinvesting #401k #fiduciary

The Polaris Financial team is excited to kick off the summer by welcoming our newest credit union partner, Sugar Valley Federal Credit Union. A BIG THANK YOU to the team at Sugar Valley for their help and support. We are excited to begin providing Sugar Valley's membership with financial planning and investment management services. #creditunions #fintech #wealthmanagement #banking #wealthmanagement #investing #nebraska https://lnkd.in/ehNCSGPt

Wealthfront recently launched an Automated Bond Ladder product for its clients. Investors go through an intuitive self guided process to select a ladder with maturities ranging from six months to up to six years. Wealthfront's software automatically scans the Treasury universe to construct and manage the desired ladder's rungs. Essentially, it's a managed Treasury ladder on autopilot. 🏦 At Polaris Financial, we have been keeping a close eye on the rise of bankable Treasury products, such as the Automated Bond Ladder offering. We believe these products pose a serious long term threat to the core deposits of community banks and credit unions. 🤖  For example, Wealthfront markets the Automated Bond Ladder as a superior savings tool to a ladder of CDs. The key advantages Wealthfront lists include: higher yield, SIPC insurance up to 500K, liquidity, state & local tax exempt, and accessibility without penalty. 💡 The innovation of fractional fixed income trading is allowing fintechs to offer fixed income products without the need for high minimums. 🧠 Community financial institutions may want to start to incorporate  planning for a new competitor in the deposit space. Review the offering here: https://lnkd.in/gsUfG7hw #creditunions #fintechs #communitybanks #neobanks #cash #wealthmanagement

We are proud to provide First Eagle FCU's membership with goal based financial advice and investment management! 🧭 Members may connect with a team of dedicated advisors to discuss their financial needs and put a plan into action. #wealthmanagement #fintech #creditunions #investing #credituniondifference

In this article we discuss the journey toward successful wealth management offerings inside credit unions. It all begins with gathering a wide range of member data and insights. We review the tools and strategies credit unions should be using to compile and analyze this information. https://lnkd.in/ecVqHzy6 #CreditUnions #WealthManagement #FinancialServices #Leadership #BankingInnovation #MemberTrust #FinancialGrowth #fintech #memberinvesting #401k #fiduciary

The Polaris Financial team had a great time attending First Eagle FCU's annual member meeting. The ethos of First Eagle was on full display as members were actively engaged with their credit union team. When you belong to First Eagle, you don’t just have a financial partner. You have a trusted advisor for life. First Eagle membership delivers lifelong benefits to you and your entire family, giving you easy, convenient access to the financial solutions and value you need to live your best life. We are proud to offer wealth management services to First Eagle's member base. Thank you to the entire First Eagle team!

The Polaris Financial team is excited to announce the launch of our High Yield Cash Reserve Account for community financial institutions (CFIs). The account offers several key features: 💰 5.07% APY* 🛡️ FDIC Insurance $1M for individual accounts and $2M for joint accounts 💸 Same Day Transfers 🔽 No account minimum The account is available exclusively for members of our credit union and clients of our community bank wealth management program partners. The account is designed to help our partner institutions attract new money deposits from competitors such as online banks, money center financial institutions, and fintechs. The account may standalone or be bundled with with an existing suite of deposit products. The high yield cash reserve account can serve as a gateway to bring more assets into the CFI's ecosystem while providing a pool of ready deposits for when the CFI is able to raise its deposit product rates. Interested in offering a wealth management program get in touch with us today by visiting www.partnerpf.com. #fintech #creditunions #communitybanks *APY is variable and subject to change. 𝘗𝘰𝘭𝘢𝘳𝘪𝘴 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭, 𝘓𝘓𝘊 𝘪𝘴 𝘢 𝘳𝘦𝘨𝘪𝘴𝘵𝘦𝘳𝘦𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘴𝘰𝘳 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘜.𝘚. 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘢𝘯𝘥 𝘌𝘹𝘤𝘩𝘢𝘯𝘨𝘦 𝘊𝘰𝘮𝘮𝘪𝘴𝘴𝘪𝘰𝘯. 𝘏𝘪𝘨𝘩 𝘠𝘪𝘦𝘭𝘥 𝘊𝘢𝘴𝘩 𝘙𝘦𝘴𝘦𝘳𝘷𝘦 𝘈𝘤𝘤𝘰𝘶𝘯𝘵 𝘪𝘴 𝘰𝘧𝘧𝘦𝘳𝘦𝘥 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘢 𝘴𝘦𝘱𝘢𝘳𝘢𝘵𝘦 𝘢𝘤𝘤𝘰𝘶𝘯𝘵 𝘢𝘵 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘓𝘓𝘊. 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘊𝘢𝘴𝘩 𝘪𝘴 𝘰𝘧𝘧𝘦𝘳𝘦𝘥 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘢 𝘴𝘦𝘱𝘢𝘳𝘢𝘵𝘦 𝘢𝘤𝘤𝘰𝘶𝘯𝘵 𝘢𝘵 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘓𝘓𝘊 (“𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭”) 𝘵𝘩𝘢𝘵 𝘪𝘴 𝘰𝘱𝘦𝘯𝘦𝘥 𝘴𝘰𝘭𝘦𝘭𝘺 𝘧𝘰𝘳 𝘱𝘢𝘳𝘵𝘪𝘤𝘪𝘱𝘢𝘵𝘪𝘰𝘯 𝘪𝘯 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘊𝘢𝘴𝘩. 𝘕𝘦𝘪𝘵𝘩𝘦𝘳 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘯𝘰𝘳 𝘢𝘯𝘺 𝘰𝘧 𝘪𝘵𝘴 𝘢𝘧𝘧𝘪𝘭𝘪𝘢𝘵𝘦𝘴 𝘢𝘳𝘦 𝘣𝘢𝘯𝘬𝘴. 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘥𝘦𝘱𝘰𝘴𝘪𝘵𝘴 𝘤𝘢𝘴𝘩 𝘪𝘯 𝘵𝘩𝘦 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘊𝘢𝘴𝘩 𝘢𝘤𝘤𝘰𝘶𝘯𝘵 𝘸𝘪𝘵𝘩 𝘰𝘯𝘦 𝘰𝘳 𝘮𝘰𝘳𝘦 𝘣𝘢𝘯𝘬𝘴 ("𝘗𝘳𝘰𝘨𝘳𝘢𝘮 𝘉𝘢𝘯𝘬𝘴" 𝘴𝘦𝘦 𝘵𝘩𝘦 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘓𝘓𝘊 𝘗𝘢𝘳𝘵𝘪𝘤𝘪𝘱𝘢𝘵𝘪𝘯𝘨 𝘉𝘢𝘯𝘬 𝘓𝘪𝘴𝘵 𝘰𝘯 𝘢𝘭𝘵𝘳𝘶𝘪𝘴𝘵.𝘤𝘰𝘮/𝘭𝘦𝘨𝘢𝘭 𝘧𝘰𝘳 𝘭𝘪𝘴𝘵) 𝘵𝘩𝘢𝘵 𝘢𝘤𝘤𝘦𝘱𝘵 𝘢𝘯𝘥 𝘮𝘢𝘪𝘯𝘵𝘢𝘪𝘯 𝘴𝘶𝘤𝘩 𝘥𝘦𝘱𝘰𝘴𝘪𝘵𝘴. 𝘛𝘩𝘳𝘰𝘶𝘨𝘩 𝘈𝘭𝘵𝘳𝘶𝘪𝘴𝘵 𝘊𝘢𝘴𝘩, 𝘤𝘭𝘪𝘦𝘯𝘵𝘴' 𝘤𝘢𝘴𝘩 𝘪𝘴 𝘥𝘦𝘱𝘰𝘴𝘪𝘵𝘦𝘥 𝘪𝘯𝘵𝘰 𝘗𝘳𝘰𝘨𝘳𝘢𝘮 𝘉𝘢𝘯𝘬𝘴 𝘸𝘩𝘦𝘳𝘦 𝘵𝘩𝘦 𝘤𝘢𝘴𝘩 𝘦𝘢𝘳𝘯𝘴 𝘢 𝘷𝘢𝘳𝘪𝘢𝘣𝘭𝘦 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵 𝘳𝘢𝘵𝘦 𝘢𝘯𝘥 𝘪𝘴 𝘦𝘭𝘪𝘨𝘪𝘣𝘭𝘦 𝘧𝘰𝘳 𝘍𝘋𝘐𝘊 𝘪𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦. 𝘊𝘢𝘴𝘩 𝘪𝘴 𝘯𝘰𝘵 𝘦𝘭𝘪𝘨𝘪𝘣𝘭𝘦 𝘧𝘰𝘳 𝘍𝘋𝘐𝘊 𝘪𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘶𝘯𝘵𝘪𝘭 𝘵𝘩𝘦 𝘤𝘢𝘴𝘩 𝘪𝘴 𝘥𝘦𝘱𝘰𝘴𝘪𝘵𝘦𝘥 𝘢𝘵 𝘵𝘩𝘦 𝘗𝘳𝘰𝘨𝘳𝘢𝘮 𝘉𝘢𝘯𝘬𝘴. 

This article delves into why establishing a fiduciary-driven sales culture is crucial for maintaining the balance between offering comprehensive wealth management solutions and preserving the trust and loyalty that defines the credit union member experience. https://lnkd.in/ejwXgBHn #CreditUnions #WealthManagement #FinancialServices #Leadership #BankingInnovation #MemberTrust #FinancialGrowth #fintech #memberinvesting #401k #fiduciary

LPL Financial's Institution Services continues its roll-up of bank and credit union wealth management program providers with its acquisition of CUSO Financial Services (Atria Wealth Solutions). CUSO’s network of brokers will begin to repaper their accounts to the LPL Platform later this year. If you are a credit union on the CUSO platform there has never been a better time to explore your program options. At Polaris Financial we have transitioned several CUSO Financial wealth management programs. Our all-in-one wealth management program is designed exclusively for credit unions. Each program may be tailored for your credit union and to best serve your members. Key features of our platform include: Fiduciary Advisors: Our advisors operate in members' best interest adhering to cooperative values and work with members of all backgrounds regardless of account size. Robust Digital Platform: Fully digital onboarding & and account opening, member portal with dynamic investment reporting and financial planning via desktop or app.  Sole Focus on Credit Unions: We do not offer competing deposit products nor have a direct-to-retail business line.  Member Analytics: We share detailed analytics on members’ held-away assets to provide your credit union with cross-selling opportunities. We understand you have specific goals and objectives for your wealth program. We are happy to have a consultation to see how we can help. Please feel free to reach out by contacting Michael McDermott at [email protected] Steven Ward John R. Crittenden, CAIA Rajesh Patil Andrew Varlamos Paul Fiore Ned Phillips Peter Fishman Wayne Brown Sinisa Babcic Jay Sutherland https://lnkd.in/gwYc-H9j