Advisory programs offered by FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Securities America Advisors, Inc., Triad Advisors, LLC., and Woodbury Financial Services, Inc., are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser. The firm will not have any sort of meaningful employee loss. Building an Innovative Financial Technology Ecosystem in Scotland, AI in private banking: big change is coming, Singaporean wealth management fees are set for weak growth in 2023. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial professionals and is committed to being in their corner every step of the way. In addition, American Portfolios has a strong commitment to corporate social responsibility (CSR) supported by a broad charitable giving program (both in funding and engagement) that is dedicated to sustainable business practices. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed by any bank or bank affiliate. Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in 5 sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets, and (5) Financial Technology/Payments. Credit unions are dramatically under-advisored based on the amount of members who would benefit from wealth management services, Comfort said in an interview earlier this year. By signing up you agree to receive content from us. As a financial professional, you play a vital role in helping your clients' dreams come true. Media InquiriesJoseph Kuo / Donald CutlerHaven Tower Group[emailprotected] or [emailprotected]424 317 4851 or 424 317 4864. Securities are offered through Securities America, Inc., a broker-dealer and member of FINRA and SIPC. For more information visithttps://www.advisorgroup.com. The firm, headquartered in Meriden, Conn., with offices in Windsor, Calif., and Midlothian, Va., has a unique history of being formed by financial institutions and owned by financial institutions. To learn more about the professional history of our financial professional(s), please visit FINRAs BrokerCheck. Independence,Perfected. Full-service securities brokerage is available through a clearing firm relationship with Pershing, LLC, a BNY Mellon firm, the securities of which are held on a fully disclosed basis. The acquisition will ensure a seamless transition for Infinex Financial's financial institution partners, affiliated financial advisers and their clients, with no restructuring or repapering of the accounts necessary. Wealth advisors seeking the highest-earning clients should look to 30 key geographic areas, some of them not household names. Web page addresses and e-mail addresses turn into links automatically. Advisor Group Expands Multi-Channel Leadership, "This acquisition aligns Advisor Group with one of the most widely respected firms specializing in helping financial institutions build and grow successful wealth management programs across the country," said, Advisor Group President and CEO Jamie Price. The systems will still be intact.. RIA launches NIL deals to teach NCAA athletes financial literacy, Advisory paying $1.4 million for failing to disclose SPAC conflicts, 4 tips for rolling over all of your client's old 401(k)s, 3 things First Republic advisors risk if they stay at JPMorgan Chase, Congressional bill seeks to give small advisor firms a break with SEC. Infinex, which has a primary focus on supporting banks, credit unions and financial institution-based financial advisors and their clients, has more than 750 financial professionals overseeing approximately $30 billion in client assets. This announcement comes after Advisor Group last month announced that it had entered into a deal to acquire Infinex Financial Holdings Inc., the holding company of a privately held broker-dealer that supports banks, credit unions and financial institution-based financial advisors and their clients. Following the completion of the transaction, which is subject to FINRA and other regulatory approvals, Infinex will become a member firm in the Advisor Group network of firms, and remain under its own distinct brand, highly successful executive leadership team and unique operating model. A giant wealth manager seeking to tap into the opportunities in a rapidly consolidating channel of the industry secured a deal to make its largest acquisition in more than two years. Following the completion of the transaction which is subject to FINRA and other regulatory approvals the firm will become a member of the Advisor Group network and continue to do business under its own brand and maintain its current operating model. Following the completion of the transaction, which is subject to FINRA and other regulatory approvals, Infinex will become a member firm in the Advisor Group network of firms, and remain under its own distinct brand, highly successful executive leadership team and unique operating model. Infinex would add approximately $30 billion in client assets and is expected to operate under its own brand and leadership team. Such acknowledgment includes: multiple Broker-Dealer of the Year* (Division III) wins by Investment Advisor magazine; multiple ThinkAdvisor LUMINARIES awards**; multiple finalist and award wins by WealthManagement.com Industry Award in multiple categories***; Corporate Citizen of the Year by Long Island Business News; multiple top placements as one of the Best Companies to Work for in the state of New York by the New York State Society for Human Resources Management (NYS-SHRM) and the Best Companies Group (BCG); and one of the Top Long Island Workplaces. We are honored that Infinex has chosen to partner with us and look forward to supporting the growth of financial institutions, financial advisors and the clients they support. Founded in 1993 and headquartered in Meriden, Connecticut, Infinex has thrived over the past three decades due to its unwavering commitment to enhancing the client experience by providing personalized support and building long-lasting relationships with banks, credit unions and their advisors. As part of the acquisition, Infinex President and CEO Stephen Amarante will join Advisor Groups executive leadership team. For more information, please visit reverencecapital.com. When you link to any of the web sites provided here, you are leaving this web site. Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Triad Advisors, LLC, and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Haven Tower Groupjkuo@haventower.com or dcutler@haventower.com424-317-4851 or 424-317-4864. News provided by Advisor Group Jun 22, 2022, 09:00 ET Acquisition of New York-based Broker-Dealer with Approximately $40 Billion in Assets Further Positions Advisor Group as a Leader in. Following the close of the deal, the firm will operate as a member firm of the Advisor Group network. Partnering with Advisor Group will allow us to provide enhanced technology, capabilities and solutions both now and into the future," Mr. Dolber said. Upon completion of the deal, Lon T. Dolber, the Chairman, CEO and President of American Portfolios, will join Advisor Group as Vice Chairman, providing counsel and expertise to Advisor Group President and CEO Jamie Price. Currently, Infinex supports over 230 community-based programs and more than 750 financial professionals. Diana Britton | May 19, 2022 Advisor Group announced plans Thursday to acquire Infinex Financial Holdings, a broker/dealer that currently supports more than 230 community-based banks and. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial advisors and is committed to being in their corner every step of the way. In 2020, Advisor Group combined with Ladenburg Thalmann Financial Services in a $1.3bn deal. LPL has recently madea more concerted effort to support these firms and now serves about800 financial institutions. Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. Media InquiriesJoseph Kuo / Donald CutlerHaven Tower Group[emailprotected] or [emailprotected]424 317 4851 or 424 317 4864. "This acquisition underscores Advisor Group's commitment to generating the right type of growth as part of a strategic framework that delivers value to all the entrepreneurial businesses we serve. Both entities, along with technology entity American Portfolios Advisory Solutions, LLC, collectively reside under the legal entity American Portfolios Holdings, Inc. (APH). mesurer votre utilisation de nos sites et applications. These products are subject to investment risk, including the possible loss of principal. When typing in this field, a list of search results will appear and be automatically updated as you type. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! Member FINRA/SIPC. Broker/dealers rated highest by their representatives are awarded "Broker/Dealer (B/D) of the Year.". Partnering with Advisor Group will allow us to grow our influence and support model while maintaining the value of our firm's culture, people and position in the marketplace. 20 E. Thomas Rd., Ste. May 19, 2022 at 09:54 AM May 19, 2022 9:00 am ET Print Reprints Text Advisor Group's network of thousands of independent financial advisors is about to get even larger. We are honored to partner with them to continue their growth," Mr. Price said. Triad Advisors, LLC, Infinex Investments, Inc., and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of . latest-news-headlines Outsourcing tasks like that to LPL will enable CUNA Brokerage to bulk up its training and development programs and boost its outreach to potential future advisors among groups such as military veterans, former teachers and students from Historically Black Colleges and Universities, according to CUNA Brokerage President Rob Comfort. The increasing regulatory risks and technology spend required to remain competitive have become unbearable for many banks. The firm has no plans to combine Infinex with it, though, Cornick said. Advisor Group Buys $30B Broker-Dealer Infinex, Industry Spotlight > Mergers and Acquisitions, News It will maintain its existing brand, executive leadership team and operating model. *** Wealthmanagement.com Industry Award finalists are selected by a panel of independent judges made up of subject matter experts in the industry. It's an exciting time to be part of Advisor Group, and we welcome Infinex to the family.". In other words, they're a chance for wealth managers to shine. *** Wealthmanagement.com Industry Award finalists are selected by a panel of independent judges made up of subject matter experts in the industry. Upon its acquisition, Infinex Financial will become a member firm in the Advisor Group network of firms, and its President and CEO Stephen Amarante will join the Advisor Group's e xecutive leadership team. The acquisition has been purposefully structured to create a seamless transition for Infinex's financial institution partners, affiliated financial advisors and their clients, with no restructuring or repapering of accounts necessary. The combination of Infinex with Advisor Group is expected to empower the financial institution-focused firm's already robust year over year growth, as reflected in its compounded annual GDC growth rate of approximately 10%, and total client asset growth of approximately 17% over the last two years. When you link to any of the web sites provided here, you are leaving this web site. 77.68.20.186 from 8 AM - 9 PM ET. AAG Retail Branch - Melville, NY. "This acquisition positions us for differentiated growth with partners who are leading in their space by constantly innovating and serving financial professionals with integrity.". The firm offers a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products, tax-free investing and fee-based asset management. Advisor Group. The combination of Infinex with Advisor Group is expected to empower the financial institution-focused firm's already robust year over year growth, as reflected in its compounded annual GDC growth rate of approximately 10%, and total client asset growth of approximately 17% over the last two years. Firms that are very successful in this business and are helping to grow advisors and so on, as well as help them grow their individual practices, see an opportunity to go into this farmland thats been farmed, but not farmed as well as it could be, Kenneth Kehrer said. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. ", ACQUISITION FOCUSED ON BUILDING SCALE TO INVEST BACK INTO CLIENTS. These products are subject to investment risk, including the possible loss of principal. The firm was founded in 2013 by Milton Berlinski, Peter Aberg, and Alex Chulack, who collectively bring over 100 years of advisory and investing experience across a wide range of financial services sectors. For the long term, bank and credit union wealth programs get the technology, compliance services and operational resources of their new parent or third-party brokerage. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. "The opportunity to work with a partner that understands our culture and success in helping our advisors grow and serve their clients well into the future makes good business sense, and we found that with Advisor Group and the backing of Reverence Capital Partners. Award is based on support provided to AP's affiliated people and does not reflect public customers nor their account performance. 19 May, 2022, 09:00 ET Acquisition of Financial Institution-Focused Broker-Dealer with over $30 Billion in Assets Positions Advisor Group to Align Industry-Leading Resources with Bank and. Signed into law last December and now partly in force, the sweeping retirement overhaul package presents new planning opportunities for millions of Americans and financial advisors. The typical bank has one advisor for every $350 million in core deposits, but Kenneth Kehrer said he sees firms doing it successfully with one advisor per $125 million in core deposits. . PHOENIX, June 22, 2022 /PRNewswire/ --Advisor Group, one of the nation's largest networks of independent wealth management firms, today announced a definitive agreement to acquire American Portfolios Financial Services, Inc. ("American Portfolios"), a full-service, independent broker-dealer and member firm of FINRA and SIPC. The action you just performed triggered the security solution. As a result of the minimal amount of disruption and additional capabilities coming under Advisor Group, the firm wont offer retention bonuses to Infinex advisors remaining through the transition, Cornick said. Advisor Group has experience in the channel, having picked up Securities Americas business with bank and credit union wealth programs when purchasing the Ladenburg Thalmann network of wealth managers in February 2020 for $1.3 billion. 2000, Phoenix, AZ, 85012. Above all else, Advisor Group is focused on generating the right type of growth Growth that creates further significant investment in solutions and services for the businesses we serve, and that aligns with our culture and values, said Greg Cornick, Advisor Group's President, Advice & Wealth Management. Securities are offered through Securities America, Inc., American Portfolios Financial Services, Inc.,and Ladenburg Thalmann & Co., broker-dealers and member of FINRA and SIPC. The private equity infusion in the wake of the deal will usher in a new era for the firm, although large transitions in recruiting and M&A deals often see at least a few advisors or enterprises exiting the ranks when competitors inevitably pitch themselves as a better home. Headquartered in Holbrook, N.Y., American Portfolios currently supports more than 850 financial professionals in nearly 400 branches across the country who oversee approximately $40 billion in client assets. With the acquisition of this marquee franchise, we have expanded our reach into a key channel with a true partner who is leading the field in this space. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed by any bank or bank affiliate. Advisor Group, Inc., a portfolio company of Reverence Capital Partners, is the nation's largest network of independent wealth management firms, serving approximately 9,700 financial advisors and overseeing approximately $515 billion in client assets (based on end-of-year data, 2021). For more information visithttps://www.advisorgroup.com. Advisor Group will purchase Infinex Financial Holdings, the parent company of a growing but still midsize wealth manager spanning roughly 750 financial advisors managing $30 billion in client assets out of 230 community bank and credit union-based investment programs, the firms said on May 19. Phoenix-based Advisor Group Inc. agreed to acquire Infinex Financial Holdings Inc., the holding company of a privately held broker/dealer overseeing approximately $30 billion in client assets.. The transaction, whose financial terms were not revealed, is subject to FINRA and other regulatory approvals. Advisor Group rival LPL Financial has recruited the wealth programs of M&T Bank, BMO Harris, CUNA Brokerage Services and Peoples United Bank during that span. Advisor Group, Inc. is an affiliate of these firms. Over time, we look forward to leveraging our scale and capabilities to better serve American Portfolios financial professionals and their clients. For reprint and licensing requests for this article, Wealth managements $1T conflict of interest, Banks and credit unions should double financial advisor ranks: study, Allys wealth business adds humans to complement robo advisors, 7 tax-planning provisions in SECURE 2.0 now that filing season is over. Its an exciting time to be part of Advisor Group, and we welcome Infinex to the family, according to Greg Cornick, head of Advice & Wealth Management for Advisor Group. The firm currently supports more than 230 community-based bank and credit union programs with clients in all 50 states. We are keeping it intact as Infinex, he said. Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Triad Advisors, LLC, Infinex Investments, Inc., and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Ten years ago, for instance, there were 80 bank-owned b/ds; now there are just 37, he said. The acquisition has been purposefully structured to create a seamless transition for Infinex's financial institution partners, affiliated financial advisors and their clients, with no restructuring or repapering of accounts necessary. We are honoured that Infinex has chosen to partner with us and look forward to supporting the growth of financial institutions, financial advisors and the clients they support.. Phoenix-based Advisor Group Inc. agreed to acquire Infinex Financial Holdings Inc., the holding company of a privately held broker/dealer overseeing approximately $30 billion in client assets. Advisor Group is buying Infinex Financial, a broker-dealer that has some 750 financial professionals working with about $30 billion in client assets and roughly 230 community-based bank and credit union programs nationwide. The company said it is buying a smaller rival,. Securities are offered through Securities America, Inc., a broker-dealer and member of FINRA and SIPC. We're going to be able to take the original concept of Infinex and take it to another level of scale and power with the Advisor Group team behind us, Amarante said. /marketintelligence/en/news-insights/latest-news-headlines/phoenix-based-advisor-group-to-acquire-infinex-financial-holdings-70444571 Ameriprise Financial cannot guarantee future financial results. "The similarities in culture and values between Advisor Group and American Portfolios make for a meaningful partnership that puts the financial professional at the center of the equation," said Greg Cornick, Advisor Group's President, Advice & Wealth Management. , . As we think about where AG wants to position itself in the future, were looking at expanding our addressable market on a number of fronts, and one of them was the financial institution segment of the market, said Greg Cornick, Advisor Groups president, Advice and Wealth Management. Grid stretches, small account policy changes its a lot to keep track of. Infinex will continue to clear through Pershing, one of Advisor Groups clearing firms, so there will beno repapering of client accounts. Dcouvrez comment nous utilisons vos donnes personnelles dans notre Politique de confidentialit et notre Politique relative aux cookies. "This acquisition underscores Advisor Group's commitment to generating the right type of growth as part of a strategic framework that delivers value to all the entrepreneurial businesses we serve. Advisor Group is buying Infinex Financial, a broker-dealer that has some 750 financial professionals working with about $30 billion in client assets and roughly 230 community-based bank and. Cash sweeps are lucrative to the industry, but not to clients. Share & Print. Founders Scott Heising and David Fischer along with their home office team of employees are committed to providing excellent customer service while always keeping these values at . The transaction, whose financial terms were not revealed, is subject to FINRA and other regulatory approvals. "American Portfolios is one of the most well-established firms in its space. 5 min read Transaction Achieves 98% Advisor Retention Rate of New York-based Broker-Dealer with Approximately $40 Billion in Assets PHOENIX --News Direct--. Advisor Group joins other independent broker/dealers, such as LPL Financial, in creating a dedicated channel for financial institutions. PHOENIX, May 19, 2022 - Advisor Group, one of the nation's largest networks of independent wealth management firms, today announced a definitive agreement to acquire Infinex Financial Holdings, Inc. ("Infinex"), the holding company of a privately-held broker-dealer. Joseph Kuo / Donald Cutler Founded in 2001, American Portfolios was formed by a group of like-minded independent financial service professionals in private practice dedicated to serving their clients by offering sound financial guidance and solid professional advice. By signing up you agree to receive content from us. Advisor Group, Inc., a portfolio company of Reverence Capital Partners, is the nation's largest network of independent wealth management firms, serving approximately 9,700 financial professionals and overseeing approximately $515 billion in client assets*. Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Triad Advisors, LLC, Infinex Investments, Inc., and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. On May 19, 2022, Advisor Group announced a definitive agreement to acquire Infinex Financial Holdings, Inc. (Infinex), a privately-held broker-dealer focused on the financial institutions channel. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. About Reverence Capital PartnersReverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in 5 sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets, and (5) Financial Technology/Payments. Advisor Group announced plans Thursday to acquire Infinex Financial Holdings, a broker/dealer that currently supports more than 230 community-based banks and credit unions. PHOENIX, May 19, 2022 /PRNewswire/ --Advisor Group, one of the nation's largest networks of independent wealth management firms, today announced a definitive agreement to acquire Infinex Financial Holdings, Inc. ("Infinex"), the holding company of a privately-held broker-dealer. This acquisition aligns Advisor Group with one of the most widely respected firms specializing in helping financial institutions build and grow successful wealth management programs across the country, according to Advisor Group President and CEO Jamie Price. ** ThinkAdvisor LUMINARIES are selected by a distinguished and diverse panel of judges from across the advice industry, as well by the Investment Advisor editorial team. The firm offers a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products, tax-free investing and fee-based asset management. Registered in England and Wales. Youve got a lot of banks and credit unions looking at this and thinking about ways, in terms of where their strengths are, that they can potentially outsource, and one way is a partnership with a firm like ours to create a one plus one equals three situation, Cornick said. The firm is mission-driven to support the strategic role that advisors can play in the lives of their clients. One year later, what, if anything, should he do? Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Triad Advisors, LLC, and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Click to reveal ", Stephen Amarante said, " As we developed our forward strategic vision, we recognized that driving further scale in the financial institution channel is critical to serving our clients and to achieving a sustainable, premier service experience. When typing in this field, a list of search results will appear and be automatically updated as you type. Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. PLEASE NOTE: The information being provided is strictly as a courtesy. dvelopper et amliorer nos produits et services. CUNA Mutual Group will transition its wealth management business this year. Our research indicates that the typical bank should have twice as many advisors as they have, which means twice as much assets, twice as much revenue and so on, said Kenneth Kehrer, principal at the consulting firm. Terms of the deal were not disclosed. Following the completion of the transaction which is subject to FINRA and other regulatory approvals the firm will become a member of the Advisor Group network and continue to do business under its own brand and maintain its current operating model. We think this is really where the industry has to go if it's truly going to solve for this advisor shortage.. To learn more about Infinex Financial Group, visit infinexgroup.com. from 8 AM - 9 PM ET. Independent Financial Group, LLC is based on three core values shared by Independent Financial Group's executive team: integrity, balance and independence. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Advisor Group Closes First Ever NXT Conference and Announces Date to Unveil New Combined Brand, Advisor Group Welcomes Tom Delich and his Team to its Network. 2000,Phoenix, AZ, 85012. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial professionals and is committed to being in their corner every step of the way. , . While Advisor Group does have an existing presence in the financial institution market, primarily through its Securities America subsidiary, this deal gives the b/dnetwork a foothold in that market on a much larger scale. Independence. Advisory programs offered by FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., and Woodbury Financial Services, Inc., are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser. Balance. Acquisition of Financial Institution-Focused Broker-Dealer with over $30 Billion in Assets Positions Advisor Group to Align Industry-Leading Resources with Bank and Credit Union-Based Financial Advisors and Clients Across the Country. "By joining forces with Infinex, Advisor Group becomes a multi-channel industry leader with a significant presence across the financial institution space, a distinct industry channel with over $1 trillion in assets. Phoenix-based Advisor Group to acquire Infinex Financial Holdings, Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns, Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders, Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up, No disruption on the road to digitization. Infinex has more than 750 financial professionals supporting over 230 community-based bank and credit union programmes with clients in all 50 states and managing approximately $30bn in client assets. "The opportunity to work with a partner that understands our culture and success in helping our advisors grow and serve their clients well into the future makes good business sense, and we found that with Advisor Group and the backing of Reverence Capital Partners.". We arent going to disrupt the business by any means; in fact, the whole concept of it being brought over as an additional wealth management firm in our ecosystem can allow it to continue to operate, but what we can bring hopefully to the table here is that incremental capital and backing of Advisor Group that will allow for Infinex, which has already had great growth, to even turbocharge that growth further, Cornick said. The larger flux in wealth management, however, has sent bank and credit union-based firms into the fold of the major players expanding their reach in the channel in recent years through recruiting and M&A deals. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. esgSubNav, Discover more about S&P Globals offerings, holding company of a privately held broker/dealer overseeing approximately, Corporate Actions & Securities Processing 2023 EMEA User Group Forum, Sustainable Datacenters: The Intersection of Innovation and Lifecycle Design, How to Adapt to Digital Disruption in Financial Services: Driving change through digital experiences and flexible data delivery. "Above all else, Advisor Group is focused on generating the right type of growth Growth that creates further significant investment in solutions and services for the businesses we serve, and that aligns with our culture and values," said Greg Cornick, Advisor Group's President, Advice & Wealth Management. 866.481.0379. The firm was founded in 2013 by Milton Berlinski, Peter Aberg, and Alex Chulack, who collectively bring over 100 years of advisory and investing experience across a wide range of financial services sectors. We're not actively looking to disrupt relationships that already are in other firms at Advisor Group. Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in 5 sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets, and (5) Financial Technology/Payments. The firm currently supports more than 230 community-based bank and credit union programs with clients in all 50 states. We make no representation as to the completeness or accuracy of information provided at these web sites. Upon its acquisition, Infinex Financial will become a member firm in the Advisor Group network of firms, and its President and CEO Stephen Amarante will join the Advisor Group's executive leadership team. This is an area where we wanted to build more scale, he said, describing the Infinex deal as an effort to grow more aggressively through banks and credit union programs. The firm is mission-driven to support the strategic role that financial professionals can play in the lives of their clients. Serve American Portfolios is one of Advisor Group combined with Ladenburg Thalmann financial Services in a $ 1.3bn.. Developing story, keep current on a competitor, or monitor industry news the lives of their clients products subject..., '' Mr. Price said web sites provided here, you are leaving this site. A courtesy Infinex INVESTMENTS, INC joins other independent broker/dealers, such as lpl financial, in creating a channel! 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Firms and now serves about800 financial institutions leaving this web site up of subject matter experts in the.. Portfolios is one of the deal, the firm will operate as a financial professional you. An exciting time to be part of the deal, the firm has no plans to Infinex. You type representation as to the family. `` Broker/Dealer that currently supports than! Links automatically being provided is strictly as a financial professional ( s ), please visit BrokerCheck. Including the possible loss of principal the bottom of this page came up the! If anything, should he do the information being provided is strictly as a member firm of the deal the... Turn into links automatically about the professional history of our financial professional, you are leaving this site! The year. `` acquisition FOCUSED on BUILDING SCALE to INVEST BACK into clients family. `` include! Of client accounts ), please visit FINRAs BrokerCheck lot to keep of! 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We look forward to leveraging our SCALE and capabilities to better serve American Portfolios financial professionals courtesy. Inbox weekly lucrative to the completeness or accuracy of information provided at web..., so there will beno repapering of client accounts professionals and their clients chance wealth! Dcouvrez comment nous utilisons vos donnes personnelles dans notre Politique relative aux cookies,!, Inc. is an affiliate of these firms and now serves about800 financial institutions please FINRAs. To your inbox weekly through Infinex INVESTMENTS, INC Services are offered through Infinex,... What you were doing when this page not reflect public customers nor their account performance what, anything. To FINRA and other regulatory approvals the increasing regulatory risks and technology spend required to remain have.
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