Sorrento Pacific Financial, LLC Announces Co-Sponsorship of Michael White Bank Wealth Management Report
San Diego broker dealer partners with Imeriti Financial Network to support unbiased bank wealth management research
SAN DIEGO--(BUSINESS WIRE)--Sorrento Pacific Financial, LLC (SPF), a full-service broker dealer and Registered Investment Adviser providing customized investment and insurance solutions to the financial industry, has become a title sponsor of the Michael White Bank Wealth Management Report, a top banking industry report compiled by Michael White Associates, LLC (MWA). SPF will sponsor the report in partnership with Imeriti Financial Network (IFN), a leading annuity and life insurance wholesaler for financial institutions.
“Supplying comprehensive, factual, and valuable information to the firms we work with supports our high-touch mission.”
The Sorrento Pacific-Michael White Bank Wealth Management Report is the first comprehensive source of national, standardized data and performance ratios that measure and benchmark the banking industry's performance in generating fee income from multi-faceted wealth management services. The report provides a detailed ranking of bank holding companies and banks based on data acquired from the Federal Reserve and Federal Deposit Insurance Corporation. It also offers financial institutions the unique ability to compare their own statistics against others in one detailed and impartial document.
As title sponsor, SPF supports the report’s creation and receives early access to the benchmark data, which the company can share with its bank investment program clients.
“We support MWA’s unique methodology of using unfiltered information to provide banks with a customizable, unbiased report. Regular access to industry benchmarks such as these helps banks assess their strengths and weaknesses and focus their efforts,” said SPF Executive Vice President of business development Bob Spadafora. “Supplying comprehensive, factual, and valuable information to the firms we work with supports our high-touch mission.”
SPF remains dedicated to providing outstanding educational information to its network of community and regional banks throughout the country. The company was recently included as a “game changer” on Financial Planning magazine’s Biggest Independent Broker Dealers list.
About Sorrento Pacific Financial, LLC
Established in 2005, Sorrento Pacific Financial, LLC (Member FINRA/SIPC) is a full-service broker dealer offering customized investment and insurance solutions, training and program development support to the banking industry. Headquartered in San Diego, SPF works with banks throughout the country, providing expertise in key areas including retirement services, wealth management, and fee-based and insurance products for both individuals and business customers, and provides a fully-electronic account management system for advisors. For more information, call toll-free 888.805.5585, extension 7910 or 4410, or visit www.sorrentopacific.com.