ENDICOTT — Visions Federal Credit Union, headquartered in Endwell, recently announced a partnership with The Glen Wood Financial Group, Inc. in Binghamton, which is led by Glen Wood, president. Wood will provide Visions clients with financial advice. Visions contends that the synergies between these two LPL Financial broker-dealer platform groups will help the credit union […]
ENDICOTT — Visions Federal Credit Union, headquartered in Endwell, recently announced a partnership with The Glen Wood Financial Group, Inc. in Binghamton, which is led by Glen Wood, president. Wood will provide Visions clients with financial advice.
Visions contends that the synergies between these two LPL Financial broker-dealer platform groups will help the credit union to provide additional financial products and services to residents of the Southern Tier and beyond.
“The relationship expands our reach and gives our members access to Glen’s unbiased advice based solely on what he believes is appropriate for each client — without any conflicts of interest from a parent organization,” Tyrone E. Muse, president and CEO of Visions Federal Credit Union, contended in a news release.
“I don’t just provide investment products. I educate and guide my clients to make informed decisions about their financial future by providing comprehensive financial advice,” Glen Wood said in the release.
Visions Federal Credit Union is a nonprofit financial institution fully owned by its members. Founded in 1966, Visions has $3.5 billion in assets and serves more than 178,000 members with offices throughout New Jersey, New York, and Pennsylvania.
Glen Wood, who has been providing investment advice for more than 30 years, formed Glen Wood Financial Group, Inc. in 2002. Wood is also a professor of finance at SUNY Broome, teaching coursework in financial planning and investment analysis.
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), states that it’s the nation’s largest independent broker/dealer (based on total revenues, according to Financial Planning magazine. It has about 2,700 employees who serve financial advisors through independent-advisor services.
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