Bank of the West Retirement & Investment Team Announces the Addition of Vanguard as a Strategist on its Investment Advisory Solutions platform
San Francisco, CA | Mar 31, 2015
Bank of the West’s Retirement & Investment team today announced the addition of the Vanguard ETF Core Series to its Investment Advisory Solutions available to clients through its financial advisors.
“Our advisors provide a consultative, holistic approach to helping clients achieve their investment objectives and life goals, especially related to retirement,” said Dale Niemi, head of the Retirement & Investment team. “The addition of Vanguard to our offering provides additional choice for clients, particularly those seeking the advantages of ETFs within a strategic, globally-diversified investment strategy.”
“We selected Vanguard for its highly-regarded investment management expertise, trusted brand reputation, and low internal expenses for investors,” said Niemi. “The addition of Vanguard complements our existing lineup of investment advisory solutions and delivers on our commitment to providing clients with carefully selected investment choices for their specific situation and needs."
As part of its investment advisory offering, the Retirement & Investment team offers a targeted line-up of fund strategist portfolios (FSPs), including Bank of the West, Envestnet | PMC, and Russell Investments strategies, and more than 300 separately managed accounts (SMAs) through third-party asset managers. In addition to investment advisory solutions, the team provides a broad range of retirement and goal planning services, growth and income investments as well as insurance products.
Vanguard, headquartered in Valley Forge, Pennsylvania, is one of the world’s largest investment management companies. Vanguard manages approximately $3 trillion in U.S. mutual fund assets, including more than $434 billion in ETF assets.* The firm offers more than 160 funds to U.S. investors and more than 120 additional funds in non-U.S. markets. For more information, visit vanguard.com.
About Bank of the West Wealth Management:
Retirement & Investment is a team within the bank’s Wealth Management Group, which provides wealth planning, investment management**, personal banking and trust services. The group is part of BNP Paribas’ global wealth management business of more than 6,300 professionals in 30 countries worldwide with over $10 billion*** in assets under management in the United States and €305 billion ($345 billion) in assets under management globally as of December 2014.
About Bank of the West:
Bank of the West is a regional financial services company chartered in California and headquartered in San Francisco with $71.7 billion in assets. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 offices in 22 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 75 countries with 185,000 employees.
Michele Rene Scott
*All asset figures are as of January 31, 2015.
You should consider the investment objectives, risks, and charges and expenses of the fund or ETF carefully before investing. This and other information may be found in the prospectus and/or, if available, the summary prospectus. To obtain a prospectus, please contact your Financial Advisor. Always read the prospectus carefully before you invest or send money.
All investing involves risk.
The information presented should not be construed as a recommendation and is not intended as an offer to purchase or sell any security or financial product. You should speak with your financial advisor prior to engaging in any course of action to determine if such action is suitable for you.
Exchange Traded Funds (ETFs) are baskets of securities that may track a sector-specific, country-specific, or a narrow/broad-market index. ETFs trade on an exchange like a stock. ETFs are subject to risk similar to those of their underlying securities, including market, sector risks, and those regarding short-selling and margin. Though ETFs seek to be tax efficient, increased trading or management fees may negate any tax efficiency.
nk of the West Wealth Management offers products and services through Bank of the West and its various affiliates and subsidiaries.
Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, Member FINRA/SIPC. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321), through BancWest Insurance Agency in Utah and through BancWest Investment Services, Inc. in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY, HI, GUAM and CNMI. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors.
BancWest Investment Services is a wholly owned subsidiary of Bank of the West and a part of the Wealth Management Group. BancWest Corporation is the holding company for Bank of the West. BancWest Corporation is a wholly owned subsidiary of BNP Paribas.
Investment and Insurance Products:
- NOT FDIC INSURED
- NOT BANK GUARANTEED
- MAY LOSE VALUE
- NOT A DEPOSIT
- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY