1st Source's Cindy Frederick recognized by LPL Financial

Fort Wayne, IN – 1st Source Bank announced today that Cindy Frederick has been recognized by LPL Financial as a top Licensed Branch Employee (LBE) for her contributions to the success of 1st Source Bank’s wealth management program. Frederick was invited to join other successful LBEs from across the country to participate in the Platform Champions Conference in Nashville from Sept. 9 to 11. Hosted by LPL Financial’s Institution Services, the conference featured a combination of general sessions, panel presentations, product sponsor meetings and networking opportunities with peers to share best practices, techniques and ideas for success.
 
The honor was bestowed upon an elite group of top producers who provide outstanding support to their company’s wealth management program.
 
Rob Comfort, executive vice president of Institution Services, LPL Financial, said, “On behalf of LPL, I congratulate Cindy for demonstrating a commitment to nobly serving 1st Source Bank’s customers and for her significant contributions to 1st Source Bank’s wealth management program.”
 
Valerie Weis wealth program manager for 1st Source Bank, said, “We are extremely proud of Cindy and her accomplishments in helping to serve the needs of our customers.”
 
There are approximately 2,500 LBEs participating in bank and credit union wealth management programs supported by LPL Financial. LBE programs enable select employees of financial institutions to become licensed to offer access to a range of insurance and investment products, primarily to serve the needs of mass-market customers.  Successful LBEs can serve as an effective and cost-efficient frontline for a bank or credit union’s wealth management program, serving to extend its reach and to help increase the productivity of its dedicated financial advisors. LBEs can also serve as a valuable resource to engage the customers if a bank or financial institution in the investment process and help them pursue their financial goals.

About 1st Source Bank
 
1st Source Corporation, parent company of 1st Source Bank, has assets of $5.01 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 82 banking centers, 22 1st Source Bank Specialty Finance Group locations nationwide, eight Trust and Wealth Management locations and ten 1st Source Insurance offices. For more than 150 years, 1st Source has been committed to the success of the communities it serves.  For more information, visit www.1stsource.com.

About LPL Financial
 
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the financial advice market and serves $486 billion in retail assets. The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,100 independent financial advisors and more than 700 banks and credit unions. LPL Financial is the nation's largest independent broker-dealer since 1996 (based on total revenues, Financial Planning magazine, June 1996-2015), is one of the fastest growing RIA custodians with $112 billion in retail assets served, and acts as an independent consultant to over an estimated 40,000 retirement plans with an estimated $120 billion in retirement plan assets served, as of June 30, 2015. In addition, LPL Financial supports approximately 4,300 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have 3,385 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.
 
Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates.
 
The investment products sold through LPL Financial are not insured 1st Source Bank deposits and are not <FDIC/NCUA> insured. These products are not obligations of 1st Source Bank and are not endorsed, recommended or guaranteed by 1st Source Bank or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.

1st Source Bank is not a broker/dealer and is not affiliated with LPL Financial.
 
Media Contact: Angie Dvorak, (574) 235-2000
 
###