SAN ANTONIO, July 21, 2011 /PRNewswire/ -- Leading bank broker-dealer Investment Professionals, Inc. (IPI) announced the addition of Jeffrey Jaynes, formerly of VIP Insurance, as VP, Director of Insurance for the firm.
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According to President and CEO Jay McAnelly, "I am thrilled that Jeff is a part of IPI, he has proven to be a wonderful asset over the last 3 1/2 years and a crucial member of one of our top partnerships. His background as a Certified Financial Planner, top producer, and an insurance industry expert makes him the perfect choice to spearhead the Insurance Division. Jeff's addition to IPI will bring enhanced production and service, better solutions, and improved strategies to our advisors."
Jeff says of his new position, "I have had the opportunity to develop very strong relationships with IPI advisors throughout the country over the last 3 1/2 years as an outside insurance specialist. As the Insurance Director, I am truly honored to deepen these relationships within the IPI family and build upon the successful traditions that make IPI such an outstanding organization." Jaynes' firsthand knowledge of the challenges and opportunities of the insurance business, gained while serving as National Relationship Manager at VIP Insurance, in combination with his close working relationship with IPI, led to the opportunity.
According to Joe Malara, one of IPI's top financial advisors, "Jeff is a tremendous addition to the IPI leadership brain trust. His expertise and hands-on approach will assuredly help us achieve new levels in the crucial area of insurance."
Founded in 1992, IPI is a private, Texas-based financial planning, asset management and risk mitigation firm with $5.2 billion under management and 45,000 clients nationwide. IPI is a leading provider of on-site bank investment programs and currently partners with more than 130 financial institutions with assets in the range of $35 million to over $7 billion. In seven American Brokerage Consultants' Studies of Bank Brokerage and Retail Investment Services over 12 years from 1997-2009, bank executives nationwide cast over 2,200 votes overwhelmingly in favor of IPI. In 2010 IPI was voted the Most Highly Rated Bank Brokerage Firm for an unprecedented fourth time.(1) In addition to being one of the fastest-growing companies in San Antonio,(2) IPI has been named one of the Best Companies to Work for in Texas for four years in a row.(3) IPI is a registered broker-dealer, registered investment advisor and member of FINRA and SIPC.
NO BANK GUARANTEE | NOT FDIC INSURED | MAY LOSE VALUE All Securities and Advisory Services offered through Investment Professionals, Inc. (IPI), a Registered Broker/Dealer & Registered Investment Advisor and member FINRA & SIPC. The investment services offered by IPI are in no way affiliated with or offered by the bank or credit union where IPI may maintain an office. Customers work solely through IPI with respect to their investment, brokerage and securities transactions. IPI does not offer or provide legal or tax advice. Please consult your attorney and/or tax advisor for such services. The products offered by Investment Professionals, Inc. are not insured by the FDIC, the NCUA or any other agency of the government, are not deposits or other obligations for the bank or guaranteed by the bank and involve investment risks, including possible loss of principal amount invested. Source 1: 1997 through 2008 national "Studies of Bank Brokerage and Retail Investment Services" conducted by American Brokerage Consultants (ABC), St. Petersburg, FL, and Bank Investment Consultant Magazine, New York, NY. In the most recent 2008 study, a total of 2,024 banks offering retail investment programs were surveyed and 14.6% responded. ABC asked banks to rank their individual investment programs; responses were aggregated and compared against the results of all broker-dealers in the survey. Past ABC rankings may not be indicative of future rankings. Source 2: San Antonio Business Journal. Rankings based on three-year annual revenue growth rates of firms headquartered in greater San Antonio. Data analysis by an independent auditing firm engaged by the San Antonio Business Journal. Source 3: San Antonio Business Journal. Rankings based on confidential employee surveys conducted by an independent market research firm. Fifty percent or more of a company's employees were required to respond to qualify for consideration. Rankings based on 39 attributes on a 6-point scale. © 2011 Investment Professionals, Inc.
CONTACT: John Evans, +1-210-582-2799, john.evans@invpro.com
SOURCE Investment Professionals, Inc.
