SAN DIEGO (5/14/12)--CUSO Financial Services LP (CFS), a broker-dealer and investment adviser providing services to credit unions, added more than 30 new clients in 2011.
CFS provides program offerings including two primary and several hybrid models. These include managed programs, in which managers and investment advisers are employed and managed by CFS, and "dual programs" where managers and advisors are employed by the credit union but are licensed, registered and supervised for compliance through CFS. The hybrid programs combine both options and appeal to credit unions migrating from a managed program to s dual one or vice versa. The four new investment programs include three managed and one dual program.