SAN DIMAS, Calif. - WesCorp Investment Services, LLC, a subsidiary of the $12 billion Western Corporate Federal Credit Union here, was granted registered investment advisor status by the State of California's Department of Corporations. WesCorp Investment Service can now provide credit unions with professional investment advice and funds management services. Through the investment advisory service, credit unions will have access to portfolio analysis and structure recommendations, discretionary asset management, and mutual fund investments. Credit unions will work with Ron S. Araujo, CFA, designated principal. "Our goal is to provide a full range of technical, high-level money management strategies and services," Araujo said. "Credit unions that may not have the in-house resources or that wish to have additional expertise in managing a complex investment portfolio can benefit from this advisory service. Credit unions using this service will have direct access to portfolio managers and other technically savvy investment professionals." WesCorp becomes one of just a few corporates offering these investment services.
WesCorp investment arm granted advisor status
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