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ESL Investment Services, LLC President Named Top Investment Program Manager by Bank Investment Consultant Magazine

Leo Iacobelli, ESL’s Senior Vice President/Director, Wealth Management, President & COO, ESL Investment Services, LLC, was recently recognized among the nation’s top 25 investment program managers.

Rochester, NY — ESL Investment Services, LLC, is pleased to announce Leo Iacobelli was recently recognized as one of the Top 25 Investment Program Managers, listed at No. 20, in the country by Bank Investment Consultant (BIC), a leading information source for bank and credit union financial advisors.

The list recognizes bank and credit union investment program managers based on several qualifying criteria, including total team assets under management*, growth of the institution’s investment business, and the number of advisors and licensed employees serving investors.

Iacobelli started at ESL in 1997, and he played a key role in launching ESL Investment Services, LLC. He was named vice president in 1999, president & chief operating officer in 2003, and ESL Federal Credit Union senior vice president/director of wealth management in 2015. He earned his bachelor’s degree in management, with a concentration in finance, from St. John Fisher College. Iacobelli is on the Board of IACKids, a charitable organization that helps families with sick children.

About ESL Investment Services, LLC

Established in 1997, ESL Investment Services, LLC provides access to a full range of financial services, including retirement planning, insurance, financial planning and wealth management.

ESL Investment ESL Investment Services, LLC is a subsidiary of ESL Federal Credit Union. ESL Investment Services, LLC and ESL Federal Credit Union are not insurance companies or insurance underwriters. ESL Investment Services, LLC, member FINRA/SIPC, provides referrals to LPL Financial and its affiliates. ESL Investment Services, LLC and ESL Federal Credit Union are not affiliated with LPL Financial or its affiliates. Securities and advisory services offered through LPL Financial, member FINRA/SIPC, and a Registered Investment Advisor. Insurance products may be offered through either ESL Investment Services, LLC or LPL Financial and/or its licensed affiliates.

The investment products sold through LPL Financial are not insured ESL Federal Credit Union deposits and are not NCUA insured. These products are not obligations of or guaranteed by ESL Federal Credit Union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.

*The team asset numbers reported by BIC includes advisory and brokerage assets serviced by the advisor team. Asset numbers were as of 3/31/2019. To compile the list of Top 25 Program Managers, BIC ranked program managers based on several criteria, including the number of advisers they oversee, team assets under management, percentage growth in team production, and production per adviser. BIC uses variables that account for size, as well as metrics that capture growth and efficiency to well-rounded professionals, as opposed to those who excel in one area but fall short in others.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, Kansas, Maine, Michigan, Minnesota, Mississippi, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, Virginia, and Wyoming.

For more information, contact:

Rich Pulvino, APR
Manager, Corporate Communications
rpulvino@esl.org
585.336.1009