Sean P Grattan, an Essex resident, was recently recognized as one of the nation’s Top 100 Bank Advisors for 2017 by Bank Investment Consultant (BIC), a leading information source for bank financial advisors. Grattan is a financial consultant with NBT Financial Services, a division of NBT Wealth Management. According to BIC, its annual Top 100 list recognizes successful bank advisors from throughout the country who have excelled in a number of key areas, including growth of the assets they serve.
“On behalf of LPL, I congratulate Sean on receiving this industry distinction,” said Arthur Osman, LPL executive vice president, Institution Services Business Consulting. “Sean has earned a spot among the industry’s most successful for demonstrating a positive influence on his clients’ financial lives and in the financial industry overall. We are proud to partner with NBT Financial Services and support their delivery of independent financial advice that helps clients work toward their unique goals.”
As a financial consultant, Grattan assists clients in the pursuit of their financial goals utilizing his experience in investments, insurance, retirement plans and the overall financial planning process. He joined NBT in 2010 and provides clients with access to financial and insurance products through LPL Financial. LPL is a leading provider of comprehensive third-party brokerage and wealth management services to the investment programs of banks and credit unions throughout the nation.
*2016/2017 Kehrer Bielan TPM Survey. Based on Financial Institution Market Share.
About NBT Wealth Management and NBT Bank
NBT Wealth Management is a part of NBT Bank, NA and provides access to trust, investment**, insurance** and retirement services to individuals and organizations. NBT Bank, N.A. is a full-service community bank serving
customers from a network of over 150 locations in six states, including New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. The bank and its parent company, NBT Bancorp Inc, are headquartered in Norwich, NY. NBT Bancorp had assets of $9.2 billion as of September 30, 2017, and is traded on the Nasdaq Global Select Market under the symbol NBTB. More information about NBT is available online at www.nbtbank.com.
About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc (NASDAQ: LPLA), is a leader in the retail financial advice market and provided service to approximately $566 billion in brokerage and advisory assets as of Oct 31, 2017. LPL is one of the fastest growing RIA custodians and the nation’s largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2017), and the firm and its financial advisors were ranked No 1 in net customer loyalty in a 2016 Cogent Reports™ study. The Company provides proprietary technology, comprehensive
clearing and compliance services, practice management programs and training, and independent research to more than 14,000 financial advisors and over 700 financial institutions, enabling them to provide a range of financial services including wealth management, retirement planning, financial planning and other investment services to help their clients turn life’s aspirations into financial realities. As of Sept 30, 2017, financial advisors associated with LPL served more than 4 million client accounts across the U.S. as well as an estimated 41,000 retirement plans with an estimated $137 billion in retirement plan assets. Additionally, LPL supports approximately 3,700 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL
Financial and its affiliates have more than 3,500 employees with primary offices in Boston, Charlotte, and San Diego. For more information, visit www.lpl.com.
**Securities and Financial Planning offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. NBT Bank, NA, NBT Bancorp
Inc., NBT Wealth Management, and NBT Financial Services are not registered broker/dealers and are not affiliated with LPL Financial.
Not a Deposit; Not FDIC Insured; Not Guaranteed by the Bank; May Lose Value; Not Insured by any Federal Government Agency; LPL Financial, NBT Bank, NA and Bank Investment Consultant are not affiliated entities.
According to Bank Investment Consultant it ranked advisors by assigning a score between 1 and 11 on the following 6 variables: (1) assets under management; (2) trailing-12 month production; (3) percentage increase in AUM from the previous year; (4) percentage increase in T-12 production; (5) amount of fee business; and (6) the ratio of production-per-AUM. (Note: BIC defined 2016 AUM as the amount an advisor had as of Aug 31, 2017. Likewise, for T-12 production, BIC used the 12-month period ending Aug 31, 2017.)