Galen Krumme has been named as one of Bank Investment Consultant (BIC) magazine’s Top 100 Bank Advisors for 2019, making this the 2nd time he has been recognized on this list. Krumme is a Raymond James financial advisor located at JCB Investment Services in Seymour, Indiana and is affiliated with the Financial Institutions Division of Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC.
“I’m humbled and honored to be included on this prestigious list, as it considers many aspects of my investment services practice and represents a comprehensive analysis,” Krumme said.
The magazine evaluated the honorees on six variables, including assets under management, production, percentage growth in both AUM and production, fee business and the ratio of production-to-AUM. Krumme is one of 30 financial advisors who are affiliated with Raymond James and honored on this prestigious list, compiled annually by Bank Investment Consultant.
Tim Killgoar, senior vice president and head of the Financial Institutions Division at Raymond James, stated, “Being named to the BIC Top 100 Bank Advisors list is a great achievement, and everyone at Raymond James congratulates Galen. Being included on this list is a testament to his dedication and success and is symbolic of the quality service provided by Galen and his financial institution.”
JCB Investment Services, Raymond James is located at 311 North Ewing Street in Seymour, IN.
*To compile the list, multiple variables were combined into one composite score. The six categories used were: (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. The nominees were ranked by each of the six categories and then six different scores were calculated based on where they ranked. Those six scores were used to compile the final list. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of the advisor’s future performance. Neither Raymond James nor any of its financial advisors pay a fee in exchange for this award/rating. BIC is not affiliated with Raymond James.
About Raymond James Financial Services
Raymond James Financial Services, Inc., is a financial services firm supporting more than 4,300 independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), a leading diversified financial services company with approximately 8,000 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $838 billion.
About the Financial Institutions Division of RJFS
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC., and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. JCB/JCB Investment Services are not registered broker/dealers, and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.