Advisor Group is a network of independent wealth management firms.
With its headquarters in Phoenix, Arizona, it is one of the largest network of independent
broker-dealer
In financial services, a broker-dealer is a natural person, company or other organization that engages in the business of trading securities for its own account or on behalf of its customers. Broker-dealers are at the heart of the securities and d ...
s in the US, with over 6,000 registered representatives, many of whom are also
investment advisor
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory ...
s. There are four separate broker-dealers that constitute Advisor Group: SagePoint Financial based in
Phoenix, AZ
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the capital and most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the fifth-most populous city in the United States, and the onl ...
; Royal Alliance in New Jersey; FSC Securities Corporation located in
Atlanta, GA
Atlanta ( ) is the capital city, capital and List of municipalities in Georgia (U.S. state), most populous city of the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georgia, Fulton County, the mos ...
; and Woodbury Financial Services located in
Oakdale, MN.
The CEO of Advisor Group is Jamie Price and the chairman is Valerie Brown.
Acquisitions
In 2019, Advisor Group acquired Ladenburg Thalmann Financial Services valued at $1.3 billion. The deal closed in the first half of 2020.
In May 2022, Advisor Group acquired Infinex Financial Holdings and in June of that same year acquired American Portfolios Financial Services.
References
External links
*{{official, https://www.advisorgroup.com
Financial services companies established in 2016
2016 establishments in Arizona
Brokerage firms
Companies based in Phoenix, Arizona