Advisor Group

Advisor Group is a network of independent wealth management firms.[1] With its headquarters in Phoenix, Arizona, it is one of the largest network of independent broker-dealers in the US, with over 6,000 registered representatives, many of whom are also investment advisors.[2] There are four separate broker-dealers that constitute Advisor Group: SagePoint Financial based in Phoenix, AZ; Royal Alliance in New Jersey; FSC Securities Corporation located in Atlanta, GA; and Woodbury Financial Services located in Oakdale, MN.

Advisor Group
IndustryBrokerage firm
Headquarters
United States
Key people
Jamie Price (CEO),
Valerie Brown (chairman)

The CEO of Advisor Group is Jamie Price[3] and the chairman is Valerie Brown.

Acquisitions

In 2019, Advisor Group acquired Ladenburg Thalmann Financial Services valued at $1.3 billion. The deal closed in the first half of 2020.[4]

In May 2022, Advisor Group acquired Infinex Financial Holdings and in June of that same year acquired American Portfolios Financial Services.[5][6]

References
  1. "Advisor Group Builds Out Leadership With Two New Hires". Wealth Management. 2022-05-06. Retrieved 2023-01-05.
  2. Joby Gruber Out at AIG – Articles – Financial Planning
  3. Berman, Jeff; AM, 2020 at 11:06. "Advisor Group Rolls Out Updated UMA Platform". ThinkAdvisor. Retrieved 2020-08-21.
  4. "Advisor Group to Acquire Ladenburg in $1.3 Billion Deal". AdvisorHub. 2019-11-12. Retrieved 2022-10-24.
  5. Welsch, Andrew. "Advisor Group Buys $40 Billion Independent Broker-Dealer". www.barrons.com. Retrieved 2023-01-16.
  6. Levaux, Janet. "Advisor Group to Buy $40B American Portfolios". ThinkAdvisor. Retrieved 2023-01-16.
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