Business
Republic Bank Partners with Nest Egg to Bring Investment Planning and Management to the Bank’s Clients
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bank & Trust Company (“Republic” or the “Bank”) announces a new partnership with Nest Egg, a digital platform
About this update from Republic Bancorp, Inc.
[{"type":"text","content":" LOUISVILLE, Ky.--(BUSINESS WIRE)--\nRepublic Bank & Trust Company (“Republic” or the “Bank”) announces a new partnership with Nest Egg, a digital platform that connects the Bank’s clients with professional financial and investment advisors through a click or a call.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230301005216/en/Logan Pichel, Republic Bank CEO (Photo: Business Wire)\n“Nest Egg at Republic Bank has simplified the investing and financial planning process,” said Republic Bank CEO and President Logan Pichel. “Our clients can set their financial goals, build a plan to reach them and invest in a portfolio best suited for their needs. Nest Egg advisors are just a click away to help provide a great experience for our customers.”\n\n“Financial literacy and sound advice are key to ensuring long-term financial success, and Republic’s partnership with Nest Egg seeks to make that a reality for more Americans,” said Pichel. “Republic Bank clients can talk to a Nest Egg advisor with no obligation, and if they decide to invest through Nest Egg, they can open an account for as little as $1,000.”\n\nResearch shows only 17% of Americans turn to financial advisors for guidance, according to a 2019 CNBC survey, and people who work with financial advisors can add between 1.5 to 4% more to their accounts each year, according to Fidelity.\n\nThe digital-based platform provides access to sound investment advice from live investment planners and advisors through video chat from the Nest Egg kiosks located in Republic Bank banking centers, or through RepublicBank.com or the Republic Bank mobile app.\n\n“We’re thrilled to partner with Republic Bank, a large, well-established community bank that is committed to helping its customers thrive financially,” said Michael A. Church, CEO and Co-Founder of Nest Egg. “We, too, bring a customer-centric approach to our work, customizing every investment to align with the unique needs of Bank customers.”\n\nFor more information and to connect with Nest Egg at Republic Bank, clients can stop by any of Republic Bank’s 42 banking centers located in Louisville and Southern Indiana, Central and Northern Kentucky, Cincinnati, Nashville and the Tampa/St. Petersburg area, or visit Hellonestegg.com/republicbank.\n\nInvestments made through Nest Egg ...