National Financial Partners acquires Fusion Advisor Network

National Financial Partners, a consolidator of insurance-brokerage and financial-planning firms, has acquired Fusion Advisor.
JUL 08, 2011
National Financial Partners, a consolidator of insurance-brokerage and financial-planning firms, has acquired Fusion Advisor Network, which provides practice management and consulting services to independent financial advisers. As a result of the July 2 transaction, Fusion, which was founded in 2003 by Stuart Silverman, will be integrated into the NFP Advisor Services Group. "We are thrilled to have the unique opportunity to acquire the business that Stuart has built, with the support of NFP, over the past nine years," said NFP's chairman and chief executive Jessica M. Bibliowicz in a statement released this morning. "This transaction enhances our recruiting and retention initiatives by empowering us to provide a more robust offering to advisers, while also creating margin improvement opportunities for NFP."

Latest News

As layoffs commence, Commonwealth’s digital guru jumps ship
As layoffs commence, Commonwealth’s digital guru jumps ship

Christopher Blotto moved this month to Janney Montgomery Scott.

Fintech bytes: Advyzon lays claim to new category with 'all-in AI' launch
Fintech bytes: Advyzon lays claim to new category with 'all-in AI' launch

Finturk also added new form-filling and cash sweep tools to its AI-first CRM platform, while Zeplyn builds advisor coaching into its own AI operating system

There’s no advisor playbook for family succession feuds, but these skills help: UBS
There’s no advisor playbook for family succession feuds, but these skills help: UBS

“Ultimately, you just try to embrace collaboration,” said Greg Merrill of UBS.

NorthRock widens Minneapolis reach with Kowalski Financial deal
NorthRock widens Minneapolis reach with Kowalski Financial deal

Building on its Personal Office platform, NorthRock Partners' latest transaction brings more than $200 million in assets under management and five employees to the growing RIA.

Osaic deepens RISR partnership as advisors race to serve aging business owners
Osaic deepens RISR partnership as advisors race to serve aging business owners

Expanded deal pairs succession-planning software with a broker-dealer network already logging rapid AI adoption among 11,000 advisors.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

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