Triad, an impartial dealer/supplier owned by Ladenburg Thalmann, has recruited Retirement Advantages Group, a retirement plan-focused advisory agency with over $10 billion in property below administration. The agency is leaving Impartial Monetary Group, presently an LPL Monetary workplace of supervisory jurisdiction however gearing as much as launch its personal dealer/supplier this spring.
Sean Ciemiewicz, principal of Retirement Advantages Group, mentioned IFP’s transfer offered a possibility to "reassess" their scenario.
“It gave us the chance to actually check out totally different corporations and what they needed to supply,” he mentioned. “It’s a really aggressive market, so we wished to verify we had all the best instruments and companies out there to our advisors to permit them to do their enterprise.
RBG will be a part of Assets Funding Advisors, a retirement plan-focused hybrid RIA and OSJ on the Triad platform. Overland Park, Kan.-based Assets has 160 advisors throughout 48 places of work across the nation. The agency serves greater than 2,100 company retirement plans with $36 billion in property. It additionally has greater than $three billion in wealth administration operations.
RBG, which serves over 580 complete retirement plans throughout 68 advisors and workers, will deliver Assets’ property to over $49 billion.
Impartial Monetary Companions, a hybrid workplace of supervisory jurisdiction making ready to launch its personal dealer/supplier subsequent 12 months, has chosen BNY Mellon’s Albridge to offer wealth reporting capabilities to its 500 advisors.
IFP, a family-owned registered funding advisory agency presently on LPL Monetary’s platform, has been constructing out its know-how stack in preparation to launch its personal b/d. The agency lately selected BNY Mellon's Albridge to present wealth reporting capabilities to its 500 advisors. In September, it introduced contracts with Settlement Categorical, a consumer onboarding platform, Beam Options, transaction monitoring compliance, and Xtiva, compensation administration and reporting software program. And in November, the agency mentioned it was teaming with Advizr to offer monetary planning companies for 401(okay) members.