Sun National Creates Wealth Management Arm

VINELAND — Sun National Bank and North-east Planning Corporation have announced a strategic partnership that creates Sun Wealth Management, a new bank division that will provide a full range of business and individual financial planning and wealth management solutions to Sun’s commercial and high-net-worth customer base, according to a release.
“In today’s financial markets, now more than ever businesses and individuals need experienced and trustworthy advisers on their side,” said Thomas X. Geisel, president and CEO of Sun National Bank. “We chose to form this partnership now to provide our customers with sound financial planning from seasoned professionals who can review their current situation and create a financial structure that provides for a sound future.”
Through this partner-ship, Sun Wealth Management will offer a full spectrum of financial, investment and insurance products and services by tapping into the experience and expertise of NEPC’s seasoned staff and management team.
The division will provide commercial businesses, business owners, and high-net-worth customers with estate planning, life insurance, disability insurance, business succession planning, trust management, employee benefits services, qualified and non-qualified retirement plans, asset management, property and casualty insurance, and more.
“The NEPC and Sun partnership is a natural fit because both firms strongly believe in access to senior financial advisors who will get the job done right the first time,” said Steven A. Ferrara, chairman and CEO of NEPC. “Together, we can offer a range of financial services unmatched by most community banks, delivered by top professionals with customers’ financial interests at the fore-front of every decision.”
“From an operating standpoint, this partner-ship balances the bank’s investment and insurance offerings and provides an opportunity for growth,” added Bruce Dansbury, Sun’s chief operating officer. “It also demonstrates Sun’s commitment to continue providing customers with the tools they need to grow their businesses and make informed decisions about their future. Additionally, NEPC’s location footprint closely mirrors Sun’s, reinforcing the local experience and decision-making our customers have grown to expect.”