Nick LaPuma

AAMS®
Branch Manager, RJFS
President

Top Directors Awards 2021

Nick is President of CCU Wealth Strategies and a member of Corning Credit Union's Senior Leadership Team. He is an Accredited Asset Management Specialist and has been overseeing Corning Credit Union's investment division since 2011. In 2021, Nick was named to the Kehrer Bielan Top Directors Awards list. Prior to coming to Corning, NY, he worked at the Raymond James Home Office in St. Petersburg, FL. In his spare time, he enjoys spending time with his family and supporting the sports teams from his hometown of Cleveland, OH.

Licenses
  • Series 4, 7, 24, 53, 63, and 65 securities licenses
  • NY Life, Accident, and Health Insurance
Education
  • Bachelors of Business Administration, Concentration in Finance, Xavier University

Nominations were assessed from 406 banks and credit unions and 71 winners were selected. The data includes 358 institutions, 2 self-nominations and 57 institutions nominated by their third party broker/dealer. The metrics includes the extent to which the firm is growing the business while producing sufficient revenue relative to its opportunity. The metrics also include whether the firm is achieving the objectives of producing more advisory and insurance business, reducing the number of clients served by each advisor and the size of branch territories and increasing revenue per client and the ROA (Return on Assets ). Other criteria includes: Revenue penetration of deposits - revenue per million of FDIC core deposits or NCUA share deposits, Year-over-year growth in revenue - 2020 revenue divided by 2019 revenue, Advisor revenue productivity - gross revenue per advisor, Advisor asset productivity - assets per advisor, Advisory revenue per advisor, Life insurance revenue per advisor, Clients per advisor, Revenue per client, Investment assets per client, Asset productivity- revenue on assets and Advisor coverage - deposits per advisor. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisor's future performance. Neither Raymond James nor any of its Financial Advisers pay a fee in exchange for this award/rating. Kehrer Bielan Research and Consulting is not affiliated with Raymond James.