TAG Advisors has added Krempa Associates, a financial advisory firm managing more than $275 million in client assets, to its network of independent financial professionals.
Founded in 1971, Krempa Associates provides wealth management, corporate retirement plans, employee benefits, and insurance solutions to families and businesses across the five-county Philadelphia area. The move aligns with TAG Advisors’ continued expansion efforts as it builds on a record year of growth.
The Pennsylvania-based firm joins TAG from The Investment Center, a $9 billion hybrid RIA. In September, LPL announced a deal to acquire the New Jersey-based firm, which the broker-dealer giant projected would add roughly 240 financial advisors into its network.
TAG Advisors, an enterprise OSJ based in Glen Allen, Virginia, oversees more than $18 billion in assets under advisement and has a national network of over 400 independent financial professionals.
The firm recently celebrated its record year of growth in 2024. Over those 12 months, it successfully recruited 67 financial professionals representing $2.8 billion in client assets, bringing its total to 415 professionals by year-end.
In a statement, Greg Raines, CEO of TAG Advisors, attributed the firm’s growth to shifts within the independent advisory space.
“Mergers and acquisitions caused a lot of financial professionals to seek new relationships," Raines said. "They want a firm whose primary focus is independent financial professionals without the competing interests of investors or shareholders.”
April Booth, chief operating officer, highlighted TAG Advisors’ scale and support services as a key factor in attracting advisors.
“Our financial professionals experience the enormous amount of support they receive, how valuable it is to have an Enterprise OSJ that provides services and advocates for them, and they talk about it with their colleagues,” she said.
After stepping up its ability to assist transitioning advisors, Booth said TAG Advisors' recruitment momentum is now largely carried by word-of-mouth, with a sizeable share of new advisors joining the firm having been referred by their peers.
“We are now at a point where we are growing more through attraction than promotion,” she said.
AI is no replacement for trusted financial advisors, but it can meaningfully enhance their capabilities as well as the systems they rely on.
Prudential's Jordan Toma is no "Finfluencer," but he is a registered financial advisor with four million social media followers and a message of overcoming personal struggles that's reached kids in 150 school across the US.
GReminders is deepening its integration partnership with a national wealth firm, while Advisor CRM touts a free new meeting tool for RIAs.
The Texas-based former advisor reportedly bilked clients out of millions of dollars, keeping them in the dark with doctored statements and a fake email domain.
The $3.3 trillion tax and spending cut package narrowly got through the upper house, with JD Vance casting the deciding vote to overrule three GOP holdouts.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
