Press Release
2 min read time

First Hope Wealth Management Expands Offerings With New Partnerships - First Hope Bank

Andover, NJ – March 10, 2022 – First Hope Wealth Management is proud to announce a new partnership with a LPL Financial, Inc., a Fortune 500 firm helping over 800 banks nationwide to provide investment advisory services to their customers. First Hope Wealth Management provides investment and trust services to northwestern New Jersey, supplementing the Bank’s services, while maintaining the same level of service customers have come to expect from First Hope Bank.

This new partnership will allow the First Hope Wealth Management Team to offer access to hundreds of different advisory models and investment products without being limited to products or advice from a specific company. “By aligning with LPL, we can make use of a wide variety of resources, ones that can help us build our practice and ultimately enhance the way we serve our clients,” Senior Vice President and Director of Wealth Management Edward F. Walker, Jr. said. “We really care about our clients and their financial well-being, so we’re excited to have partners that will help us offer a comprehensive range of retirement and investment services to bank customers, as well as individuals and businesses.”

Donald Somma, President and CEO of First Hope Bank said, “We are excited to launch this partnership with LPL. It gives our current Wealth Management Team so many more tools to better serve our customers. We can maintain the relationships our customers have built with our current advisors, while expanding the advisor’s ability to serve the customer.”

Ken Hullings, LPL senior vice president and head of enterprise and institution recruiting, said, “We are honored that Ed and his colleagues chose LPL Institution Services as a strategic partner to support their business aspirations. LPL has long been committed to supporting its institutions by providing access to innovative technology, strategic consultative support and dedicated service experience that can help their business stand out and bring value to both their advisors and clients. We look forward to supporting the entire First Hope Wealth Management team in this exciting new chapter.”

First Hope Bank, established in 1911, is a full-service financial institution with locations in Andover, Blairstown, Great Meadows, Hackettstown, Hope and Sparta. Known for its customer service, financial strength and stability, First Hope Bank also offers the sophisticated range of products and services found in large financial institutions including a comprehensive Wealth Management division. First Hope Bank’s associates strive every day to fulfill the Bank’s motto, “Turning Hope into Reality”. Visit First Hope Bank’s Web Site at www.firsthope.com or email the Bank at info@firsthope.bank.

The services offered by LPL and First Hope Wealth Management are not insured by the FDIC or any other government agency, not Bank guaranteed, not bank deposits or obligations, and may lose value.

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