Beating out 750 other financial institutions, Mountain AmericaCredit Union has been named LPL Financial’s 2011 investment programof the year.

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The $2.9 billion credit union in West Jordan, Utah wasrecognized for its advisor production, assets under management andadvisory growth. As of the first quarter of 2011, LPL rankedMountain America as its fifteenth highest producer overall andthird among credit unions, according to the cooperative.

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“To be recognized as the best out of 750 investment programs isa tremendous honor. It goes to show that with the right tools inplace -- the support of senior management, a fantastic serviceculture and solid hiring practices -- and a focus on our members’financial well-being, it’s possible to build a strong investmentsprogram,” said Matthew Clark, Mountain America’s vice president offinancial services.

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The credit union received the honor at LPL’s recent ProgramLeadership Conference 2011 held in San Francisco.

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Mountain America said it has been offering investment servicesincluding stocks and bonds, mutual funds, annuities, retirement andestate planning for more than 20 years. When Clark took the helm in2006 and partnered with LPL in 2007, the program took off,according to the credit union. More members were served as a resultof an increase in referrals and an upgrade in talent, said NathanAnderson, chief operating officer at Mountain America.

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Considered to be the largest independent broker/dealer in thecountry, LPL supports more than 12,000 financial advisors andserves 750 financial institutions.

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