2019 Business on a Roll Award

Community First Bank & HFG Trust Receive 2019 Business on a Roll Award

 

Aristotle once said, “The whole is greater than the sum of its parts.”

While he may not have been referring specifically to the business world, the concept certainly applies: The output of a good team often exceeds the value of each of its individual members. Aristotle was clearly not a mathematician, but he did understand human chemistry.

In 2019, we put our inspired team to work focusing on our mission to be our clients’ Financial Partner For Life. We’re fortunate this mission has not only been well-received by our community, but that what culminated as a result was great revenue growth. For context, at the beginning of 2019, our bank assets were a little over $320MM. Today we sit at over $420MM. Wealth management managed a little over $360MM in 2016; and despite the market decline in March, that number has grown to $806MM as of the 2nd quarter.

Without a doubt, the progress measured by revenue and assets is a great accomplishment. But for many of us, the numbers were not at our minds’ forefront until receiving the 2019 Business on a Roll award. What has driven our intensity to work and serve has been our mission and cause; and that passion is not limited to our CEO and executive management. It permeates through our entire organization and everyone that serves as part of the “whole.” This Business on a Roll award was possible because every team member steps up each day and does their part. From a Client Service Specialist assisting with new accounts, to a financial advisor helping a client retire by their target date, each role is equally critical to our mission.

I’m often asked what being Your Financial Partner For Life means, and the definition is quite simple: It is the act of providing the right advice, at the right time, in order to increase our clients’ chances of attaining their goals. In this definition, our use of the term “act” is very intentional. We remind our team every day that being a partner for life is not a destination, but rather a mission that has no end, and that is why it is so special. It is the practice of doing the right thing repeatedly; and when we as individuals are no longer here, our organization will continue to carry that torch for us.

Why do we do it? You can call us idealists, but we believe a financially strong family equates to a financially strong nation. We hope for a future where every family has the financial support and education they need to prosper, and that is a cause worth fighting for. We intend on being the Tri-Cities’ financial partner for the next 100 years and this award tells us that we’re on the right track. So, thank you to the Tri-Cities Chamber of Commerce for the acknowledgement and to all who have supported us in this endeavor.

Will Wang, CFP®

LEGAL INFORMATION & DISCLOSURES

This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice. Community First Bank, HFG Trust, and HFG Advisors have no duty or obligation to update the information contained herein. Further, Community First Bank, HFG Trust, and HFG Advisors make no representation, and it should not be assumed that past investment performance is an indication of future results. Moreover, wherever there is potential profit there is possibility of loss. This memorandum is being made available for educational purposes only and should not be used for any other purpose. The information contained herein does not constitute and should not be construed as an offering of advisory services, banking services, or an offer to sell or solicit and securities or related financial instruments in any jurisdiction. Certain information contained herein concerning economic trends and performance is based on or derived from information provided by independent third-party sources. Community First Bank, HFG Trust, and HFG Advisors believes that the sources from which such information has been obtained are reliable; however, it cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. This memorandum, included the information contained herein, may not be copied, reproduced, republished, or posted in any form without the prior written consent of Community First Bank and/or HFG Trust and/or HFG Advisors. HFG Advisors, Inc, is a wholly owned subsidiary of HFG Trust, LLC. HFG Trust, LLC is a Washington state-registered Trust company and wholly owned subsidiary of Community First Bank.