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.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.
The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
