Royal Securities Company of Grandville, Michigan, a 17-person broker-dealer managing $1.1 billion in assets, is affiliating with VantagePointe Financial Group, an independent broker-dealer owned by Signator Investors Inc.
The firm will remain in its current location and operate as Royal Advisors. VantagePointe, of Grand Rapids, Michigan, will act as its Super OSJ.
With the addition of Royal Advisors, VantagePointe will have 28 offices in eight states with 108 financial professional associates.
Marvin Andringa, who founded Royal in 1982 after 10 years in the securities business, will remain with the firm.