Cetera Investment Services Honors Tech Wealth Management with Prestigious President’s Award
The brokerage and investment advisory program at Tech CU posts historic year-over-year growth.
San Jose, Calif. (October 2, 2014) —Tech Wealth Management, the brokerage and investment advisory arm at Tech CU (Technology Credit Union), was recently honored with the prestigious President’s Award from Cetera Investment Services, one of the largest broker-dealers in the U.S. serving financial institutions. Cetera gave the national award to Tech Wealth Management for achieving top sales among financial institutions with asset holdings of $1 billion to $2 billion.
In recent years the Wealth Management team at Tech CU has grown significantly and expanded financial planning and investment advisory services to complement its long-established brokerage service. The group has also added new services, such as an IRA transfer program as well as stock-secured loans and lines of credit (through the Private Banking group).
With this growth, Tech Wealth Management is on track to have its strongest year ever, showing a 25 percent increase in assets under management in the second quarter of 2014 compared to the same period last year.
“This is a dedicated, performance-driven team that puts the interests of their members first,” said Catherine Bonneau, president and CEO of Cetera Investment Services. “They have strong relationships with their clients, having earned their trust as a guide to their financial future. We appreciate their hard work, dedication and outstanding efforts.”
Senior Vice President Rebecca Matteson Nelson leads Tech Wealth Management and Tech CU’s Private Banking Group. Her team is composed of veteran financial advisors specializing in:
- Retirement planning
- Financial planning and stock option planning
- Transfers / rollovers of retirement assets
- Funding a child’s education
- Growing, preserving and transferring wealth
- Insuring against the unexpected for individuals and businesses
Nelson was recently appointed to the board of the Financial Planning Forum, a highly respected professional association in the San Francisco Bay Area for financial planners, accountants, investment counselors and other related professionals within the financial advisory industry.
“Rebecca has done an incredible job bringing together an all-star team of advisors whose integrated approach to helping members has resulted in significant growth for our credit union,” said Tech CU President and CEO Barbara B. Kamm. “Their performance speaks to the group’s achievements in providing high quality, personalized service to our members.”
For more information, go to Tech Wealth Management.
Securities and insurance products are offered through Cetera Investment Services LLC (doing insurance business in CA as CFGIS Insurance Agency), member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with Technology Credit Union. Investments are: • Not FDIC/NCUSIF insured • May lose value • Not financial institution guaranteed • Not a deposit • Not insured by any federal government agency.
ABOUT TECHNOLOGY CREDIT UNION
Founded in 1960 by the employees of Fairchild Camera and Instrument Semiconductor Division, Tech CU has served the high tech workforce in Silicon Valley for more than 50 years and today has 70,000 individual, non-profit and business members and more than $1.8 billion in assets. The financial institution is recognized as one of the best managed and strongest in the country, as indicated by Tech CU’s 5-star rating from Bauer Financial, the nation’s largest independent rating service for banks and credit unions. Tech CU’s members have access to 65,000+ surcharge-free ATMs nationwide, online and mobile banking, 10 full-service branches throughout the Bay Area, and comprehensive mortgage, wealth management and commercial banking services.