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.
[Video: Biden White House already showing support for socially responsible investing]
Wells Fargo adds two bank-channel recruits, UBS lands a JPMorgan Chase veteran, and a multi-family office lifts Atlas past $1B
“The state comes down on you in years when you make 40% returns for clients,” said Bill Swayne, the advisor and son of Candace Swayne.
The Independent broker-dealer giant has had “active conversations” with the Claude maker, which is days away from its expected IPO
For Gen X clients entering life after work, answering the financial question isn't enough to solve the entire retirement equation.
Tools from Grantd, Income Lab and Healthspan Wealth aim to keep RIAs involved in clients’ biggest money decisions
Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
