Community banks searching for a product that brings Wall Street to Main Street through a fee efficient on-line based investment portal for their customers now have a solution. Richmond based Tone Capital, LLC (Tone) is joining forces with Community Bankers’ Bank to change the way community banks deliver investment advisory services to their customers.
Community Bankers’ Bank (CBB) President G. William Beale offered; “In my conversations with bank management, I find they are sensitive to changing demographics and client resistance to the fee structure of many bank-based financial advisory programs. Tone brings an on-line platform that can guide savers of all types into the best investment options at a fraction of the cost of most bank-based programs and Brokerage operations. We are looking forward to a great partnership.”
Tone Capital, LLC Principal Hunter H. Irby added; “With over 140 years of combined industry experience, our management team’s approach to investment advice is service-oriented and tailored to each client’s individual goals. Our independent and fiduciary-standard model places our clients’ interests first and empowers them with the transparency they deserve. We look forward to continuing this mission with CBB, its partner banks, and their valued customers.”
About Community Bankers’ Bank
Community Bankers’ Bank is a state-chartered bankers’ bank that is owned and directed by independent community banks in the Fifth Federal Reserve District. It gives community banks unique and outstanding value by the economies of scale it creates as a bank-cooperative…and always as a bank partner, never a competitor. It provides many of the products and services that banks need to operate and excel. Its competitive pricing and superior service make it a key resource for community banks.
About Tone Capital
Tone Capital, LLC is an independent, fee-only Registered Investment Adviser offering proprietary ETF-based investment strategies and wealth management services. Low-cost investing, diversification, and transparency are core tenets of the business. The firm’s Principals and management team have each served institutional investors for 20+ years and strive to bring the same level of professionalism, integrity, accountability, and commitment to the individuals, families, and institutions they serve today.