Western Growers Financial Services (WGFS) continues to provide tailored financial services to meet the needs of agricultural companies, owners and their employees. From corporate asset management to individual money management to tax-advantaged retirement accounts, WGFS now manages more than $450 million in assets for WG members and clients. As WGFS clients, WG member companies and individual investors enjoy the ultra-low cost of investment expenses while having access to a registered investment advisor and institutional level services through Northwest Plan Services and Charles Schwab. WGFS helped member companies navigate an uncertain inflationary environment while outperforming key market indices. For example, WGFS clients were able to take advantage of the high interest rates by securing guaranteed rates of return on working capital higher in yield than most certificates of deposit. This year, WGFS achieved record-low total expense ratio at under half a percent (49bps) for the RSP plan and replaced fund options with better- performing cheaper options (removed three, added four) making the plan more competitive.
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