OVERLAND PARK, Kan. – CNBS celebrated "10 Years of Excellence in Portfolio Management" at a reception at the Aladdin Hotel in Las Vegas on March 7. The reception, which marked CNBS' Investment Advisory Service's tenth anniversary, was held in conjunction with the firm's Institute Series. CNBS signed its first Investment Advisory client in October, 1991. Brian Hague, CNBS' President and CEO, joined the firm as an advisor in May, 1992. "At that time we had six clients, and offered a single service – the IA Service – in five states," said Hague. Hague managed the IA Service from 1994 until 1998, when he assumed his current role. According to Hague, credit unions in all 50 states and the U.S. Virgin Islands have used one or more of IA's services. Dollars under management for the IA Service are just under $2 billion. "We provide balance sheet risk management analysis to over 100 credit unions. And Institute attendance has been around 200 in each of the past two years," he said. The Institute is offered three times annually. The Client Strategies Group is managed by Mike Dixson. Dixson was previously portfolio manager for one of the top 50 credit unions in the U.S., and has more than 12 years of capital markets experience. The advisory service "is like adding a full portfolio management department – including analysts, economists, portfolio managers, and financial analytic software to your credit union without absorbing all of the costs," said Dixson. CNBS is an SEC-registered investment advisor. The IA Service includes policy evaluation and design, portfolio strategy, risk management analysis, bond accounting and analytics, and additional portfolio reporting.