Atria Wealth Solutions, a New York-based financial services holding company, has acquired SCF Securities, a Fresno, California-based independent broker-dealer with 150 affiliated representatives.
The acquisition, Atria’s sixth purchase of a broker-dealer since 2017, adds SCF to its stable of firms, which include Western International Securities; NEXT Financial Group: Cadaret Grant; CUSO Financial Services; and Sorrento Pacific Financial.
After the acquisition closes sometime in the first half of the year, Atria said that its subsidiaries collectively will represent more than 2,500 financial professionals with nearly $95 billion in assets under administration.
A $141M judgment and a federal asset freeze collide over one shrinking pool
The firm's CFO and EVP of Wealth Management Solutions are the latest executives to exit the broker-dealer.
Clients are saying they would consider switching advisors if another professional offered estate planning services, according to a new Trust & Will survey.
CEO Laurel Taylor says the fintech's composable AI stack helps workers optimize dollars across Trump Accounts, 529s, 401(k)s, and other employee benefits.
The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
