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NBT Bank Recognized as 2015 Financial Institution of the Year by LPL Financial

NBT Bank wins LPL Financial 2015 Award

NORWICH, NY (April 18, 2016) – NBT Bank President of Wealth Management Timothy Brenner announced that NBT Bank was named 2015 Financial Institution of the Year  at the 12th Annual LPL Financial Institution Services Program Leadership Conference held in Fort Lauderdale, Florida.

NBT Bank was nominated by LPL growth consultants and selected from more than 750 financial institutions based on quantitative and qualitative factors, including year over year growth, thought leadership and innovation. Brenner said, “This recognition is truly an honor for the company and really speaks to the tremendous effort on the part of the entire wealth management team who put their experience and knowledge to work helping our clients pursue their financial goals.”

LPL Managing Director and Divisional President Andy Kalbaugh said “This honor recognizes the outstanding results delivered by NBT Bank and its management team’s support of its investment programs and advisors. We commend them for their results among peer financial institutions we support at LPL, and for the contribution they have made to support NBT Bank’s advisors.”

The annual conference is one of the industry’s largest gatherings of financial institution investment program leaders, with more than 250 bank and credit union program managers and executives in attendance this year.  The conference provided attendees with the opportunity to discuss challenges and opportunities in today’s financial services environment and the importance of wealth management for the long-term growth of community banks and credit unions and to network with peers. 

About NBT Bank

NBT Bank offers personal banking, asset management and business services through a network of 155 banking locations in six states including New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. NBT Bank and its parent company, NBT  Bancorp, are headquartered in Norwich, N.Y. NBT Bancorp had assets of $8.3 billion as of December 31, 2015, and is traded on the NASDAQ Global Select Market under the symbol NBTB. More information about NBT Bank and NBT Bancorp can be found online at http://www.nbtbank.com and http://www.nbtbancorp.com.

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and currently serves more than $460 billion in advisory and brokerage assets. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2015). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also service an estimated 40,000 retirement plans with an estimated $115 billion in retirement plan assets, as of September 30, 2015. LPL also supports more than 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,000 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

Securities and Advisory Services offered through LPL Financial. A Registered Investment Advisor, Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates

The investment products sold through LPL Financial are not insured NBT Bank deposits and are not FDIC/NCUA insured.  These products are not obligations of NBT Bank and are not endorsed, recommended or guaranteed by NBT Bank 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.

NBT Bank is not affiliated with LPL Financial.

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