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LPL Financial Welcomes OUCU Investment Services to the LPL Institution Services Platform
CHARLOTTE, N.C., Oct. 12, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that OUCU Financial’s investment program, OUCU Investment Services, has
About this update from Lpl Financial Holdings Inc.
[{"type":"text","content":"CHARLOTTE, N.C., Oct. 12, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that OUCU Financial’s investment program, OUCU Investment Services, has joined LPL’s Institution Services platform. OUCU Investment Services is made up of two advisors who collectively service approximately $230 million of brokerage and advisory assets.* OUCU Investment Services joins from CUSO Financial Services. In 1955, Dr. Harry Crewson, a professor of economics and later president of Ohio University, founded OUCU Financial on the belief that university employees needed a place to borrow money at reasonable rates. With the approval of the university president, a pioneering spirit and $25 in hand, OUCU Financial opened for business on the university campus. What started as a small operation with only 112 members has grown to more than 26,000 members. “Since day one, OUCU Financial has gone above and beyond to help our members live their best lives, and our partnership with LPL is aimed at taking that promise to the next level,” said OUCU Financial CEO Cory Corrigan. “LPL and OUCU Investment Services are both committed to thinking big, reinvesting in our futures and consistently exceeding expectations. By leveraging LPL’s best-in-class technology platform and institution support, we are expanding our capabilities and capturing new opportunities to deliver wealth advisory services to more members and communities.” “We extend a warm welcome to the OUCU Investment Services team as they join LPL’s network of institution clients,” said Ken Hullings, executive vice president of Enterprise Business Development, LPL Financial. “OUCU Investment Services is committed to making a positive difference in the lives of their members and community. In turn, LPL is committed to supporting OUCU Investment Services by providing its advisors with cutting-edge technology, planning resources and operational support to differentiate their services in a competitive marketplace. We look forward to partnering with the team as OUCU Investment Services continues to help their members prosper.” RelatedAdvisors, find an LPL business development representative near you. About OUCU FinancialOUCU Financial is a not-for-profit financial cooperative with over $507 million in assets and serving over 26,000 members. With three branches in Athens, OUCU Financial offers a full suit...