First Financial Bancorp. · NASDAQ:FFBC
First Financial Bancorp — Investor Day (August 2012)
12 slides from First Financial Bancorp's investor day presentation, Aug 15, 2012
Slide 1: Wealth Management Investor Day
Wealth Management Greg Harris SVP & Senior Operating Officer Kevin Woodard SVP & Sales and Service Officer Investor Day August 15, 2012
Slide 2: Business Objective
Wealth Management Business Objective To become a leading regional wealth management firm. By providing comprehensive wealth management services and fully integrating with the commercial and retail lines of business, we will deliver the client experience that will further distinguish First Financial
Slide 3: Management Structure
Management Structure Greg Harris Kevin Woodard SVP & Senior SVP & Sales and Operating Officer Service Officer Wealth Retirement Investment Brokerage Plan Compliance Administration Operations Trading Advisory Management Services 3
Slide 4: Background
Wealth Management Background 2009-2010 2011 2012 and beyond Exited non-core / Focused on efficiency; Increase share in unprofitable businesses reduced cost base metropolitan markets Optimized product Review opportunities to Integrated acquisitions offerings scale businesses Furthered partnerships Fu
Slide 5: Portfolio
Wealth Management Portfolio Product offering includes Wealth Advisory, Brokerage and Retirement Plan Services Fee income generated through these products represents 28% of First Financial’s 2011 noninterest income Serving over 10,700 clients in the Ohio, Indiana and Kentucky markets Largest communit
Slide 6: Competitive Landscape
Competitive Landscape vs. Bank Wealth Management Units vs. Boutique Investment Firms Relationship focus Deeper knowledge of trust administration services Greater personal attention to clients Comprehensive product set Lower minimum account size than larger competitors Greater resources and capital M
Slide 7: Businesses
Wealth Management Businesses Wealth Advisory Services Brokerage Retirement Plan Services Core business and primary focus Investment solutions for Fiduciary investment individuals management plan servicing Comprehensive WM solutions including personal trust and Full service brokerage, securities Stra
Slide 8: Advisory Services Strategic Initiatives
Wealth Advisory Services Strategic Initiatives Uniquely positioned to provide services to those who are underserved by larger banks but need a more sophisticated level of advisory services than offered through a brokerage firm Opportunity to scale business with limited incremental capital requiremen
Slide 9: Brokerage Strategic Initiatives
Brokerage Strategic Initiatives Restructured in 2010 and currently focused on a strict management of financial advisor production and sales center growth Revised financial advisor compensation structure to align with organizational goals Recruiting financial advisors to complete geographic coverage
Slide 10: Retirement Plan Services Initiatives
Retirement Plan Services Initiatives Growing business unit that will diversify earnings stream Perpetual revenue stream opportunity; ability to generate ancillary income with other bank products Highly-efficient model with outsourced record-keeping; client still interfaces with First Financial Produ
Slide 11: Strategic Plan
Strategic Plan Competitive Advantages Initiatives Knowledge of trust administration Sales force expansion 2012 YTD new client assets up Industry expertise / focus over 100% from 2011 YTD People-led strategy Recruiting in key metropolitan markets to further expansion in Highly experienced higher grow
Slide 12: Biographies
Biographies Gregory A. Harris Senior Vice President & Senior Operating Officer Mr. Harris joined First Financial Wealth Management, a division of First Financial, in 2009 and currently serves as Senior Vice President and Senior Operating Officer. Mr. Harris has more than 22 years of experience in th
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