HERMITAGE, Pa., June 23 /PRNewswire-FirstCall/ -- F.N.B. Investment Advisors, Inc., a subsidiary of First National Trust Company, officially introduced Portfolio ProAdvisor, a new multi-disciplined asset management solution providing open architecture capabilities. This exciting new solution, offered through a strategic alliance with Concord Equity Group Advisors, allows F.N.B. Investment Advisors, Inc. to offer institutional and individual investors objective and highly diversified separately managed account strategies with access to some of the world's leading investment managers.
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Portfolio ProAdvisor draws from a broad universe of leading investment managers using both quantitative and qualitative measurements to assess managers. Prospective managers must have an established presence in the investment management arena with historical performance that places them among the top of their peers. Further, managers must display a consistent style of management and a commitment to a dynamic investment process within their respective disciplines. As a result of this process, F.N.B. Investment Advisors, Inc. proactively manages the managers, and identifies quality managers within each investment style.
As an added benefit with Portfolio ProAdvisor, clients receive the advantages of a range of investment disciplines and styles with access to multiple institutional quality managers. This is in contrast to most separately managed account offerings that, in pursuit of effective diversification, require investors to open numerous asset management agreements and accounts to access different styles and managers as well as open architecture capabilities.
"Our new alliance with Concord Equity Group Advisors gives us a distinct advantage in today's competitive financial services environment, as well as the managed accounts marketplace," said Kim Craig, F.N.B. Investment Advisors, Inc. President and CEO. "The phenomenal growth of separately managed accounts in recent years makes it clear investors are demanding a solution which allows them to diversify their assets and have portfolios managed in an individualized way based on the client's personal and unique circumstances and investment objectives. Portfolio ProAdvisor will meet this demand by providing wealth building and investment management programs for all investors through offering access to an array of top-tier investment managers. Additionally, Portfolio ProAdvisor will complement the offerings within our existing investment management process."
For additional information about F.N.B. Investment Advisors, Inc. and Portfolio ProAdvisor contact F.N.B. Investment Advisors, Inc. at 888-824-5833.
About F.N.B. Investment Advisors, Inc.:
Founded in 1999, F.N.B. Investment Advisors, Inc. has $764 million in assets under management. It operates from 5 regional offices located in branches of its parent organization, First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation . F.N.B. Investment Advisors, Inc. was recently recognized in the Pittsburgh Business Times as one of the twenty-five largest Pittsburgh area money managers. The firm provides investment management and investment advisory services.
About Concord Equity Group Advisors:
Concord Equity Group Advisors delivers world-class advisory programs and technology to financial services companies ranging from Broker Dealers and Clearing Firms to Investment Advisors and Trust Banks. Concord has established itself as a solution for financial institutions to effectively grow their businesses while focusing on their core competencies of asset management and marketing. Utilizing a robust technology platform delivered via an internet/intranet connection through a web based browser, financial services firms can quickly ramp up their offerings and manage growth without large upfront costs and ongoing maintenance. Additional information on the Company is available at http://www.cegadvisors.com/.
About F.N.B. Corporation:
F.N.B. Corporation, headquartered in Hermitage, PA, has total assets of $5.8 billion with the completion of the merger with Legacy Bank. F.N.B. is a leading provider of banking, wealth management, insurance, merchant banking and consumer finance services in Pennsylvania and Ohio, where it owns and operates First National Bank of Pennsylvania, First National Trust Company, First National Investment Services Company, LLC, F.N.B. Investment Advisors, Inc., First National Insurance Agency, LLC, F.N.B. Capital Corporation, LLC, Legacy Bank, Legacy Trust Company, and Regency Finance Company. It also operates consumer finance offices in Tennessee and loan production offices in Florida.
Mergent Inc., a leading provider of business and financial information about publicly traded companies, has recognized F.N.B. Corporation as a Dividend Achiever. This annual recognition is based on the Corporation's outstanding record of increased dividend performance. The Corporation has consistently increased dividend payments for 33 consecutive years.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol FNB. Investor information can be obtained on F.N.B.'s website at http://www.fnbcorporation.com/.
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