Excess liquidity, low term deposit rates and a changing corporate network have boosted the two-year-old Accolade Investment Advisory, LLC to $905 million currently under management.
The wholly-owned CUSO of the $3.2 billion Southeast Corporate FCU is growing faster than expected, said Peter Gibson, Accolade's director of investment advisory services. Growth in the last six months has been particularly brisk, he said.
"Now that we have a track record, we can talk to credit unions about what we've done, and our strategy is more than just theory," he said.
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