Securities America today welcomed Oregon Community Credit Union (OCCU) to its Financial Institutions platform. The financial institution's Investment Services team includes four licensed financial professionals who offer financial planning and wealth management services to credit union members at each of the institution's 10 Oregon branches and oversee $340 million in client assets. OCCU has affiliated with Securities America through Priority Financial Group (PFG), a hybrid Registered Investment Advisor / Super-OSJ based in Phoenix that specializes in developing competitive, customized programs for financial institutions to grow their wealth management capabilities and improve operating efficiency.Read More
Securities America was named a top 10 firm in several categories in ThinkAdvisor’s annual Broker-Dealer Reference Guide. Securities America ranked sixth in Reps with Their Own RIA (18.7%, with 25% of the Total Rep Force holding a CFP designation), eighth in Gross Dealer Revenue and ninth in Number of Registered Reps.Read More
Six months after acquiring Ladenburg Thalmann and its five broker/dealers in a $1.3 billion deal, Advisor Group will integrate three of those b/ds under the Securities America banner.
The move will leave Securities America and Triad Advisors as the only remaining stand-alone firms from the Ladenburg acquisition. The transition should be completed by the end of the year, according to Advisor Group CEO Jamie Price.
Price said that much of the business functions of the three b/ds slated to merge—Investacorp, Securities Service Network (SSN) and KMS Financial Services—were already being performed by Securities America’s operations group...
Other than a small portion of KMS accounts, no repapering would be needed, according to Price, who said just under 1,000 advisors would be affected by the transition. Larry Roth, a managing partner with RLP Financial Partners, said that the realignment would likely help expedite financial professional’s access to Advisor Group’s technology stack.
“I think this will be quite good for advisors and get them what they need than if they had built it out over time,” he said.Read More
Investacorp, Securities Service Network and KMS Financial Services to Become Part of Securities America
Investacorp, Securities Service Network and KMS Financial Services will be integrated into Securities America under an organizational realignment. Advisor Group is making the drive to accelerate delivery of its industry-leading technology, platforms and growth resources to all financial professionals across its recently expanded organization.Read More
Newly acquired independent broker/dealer Securities America has recruited an Auburn, Ala.-based hybrid advisory practice with $120 million in client assets.
20 / 20 Wealth Management Group, which will affiliate with Arbor Point Advisors, its corporate registered investment advisor, and Bay View Capital Advisory Group, a super-OSJ based in St. Petersburg, Fla., joins from Cetera Advisor Networks.
The move represents a big win for Securities America since its former parent, Ladenburg Thalmann, was acquired by Advisor Group in February.Read More
March 05, 2020 | News
The successful women in U.S. financial history profiled here weren’t thinking of making a mark for posterity. They were just doing the best they could. For their family, their community and themselves. But in doing so, they changed history and left their stories behind for inspiration.
Abigail Adams, 1744-1818
Abigail Adams was just looking out for her family.Read More
Securities America has promoted Scott Briganti to first vice president of Branch Office Development.
Briganti is an Omaha native and studied at Omaha Central High School and the University of Nebraska-Omaha. He joined Securities America in September 1999 and recently celebrated 20 years with the firm.
Briganti started with Securities America as a call center specialist with very little knowledge of the broker dealer industry but with a passion to learn the business and provide the best possible service to the firm’s independent advisors and their growing practices.
Briganti moved into Securities America’s recruiting team in 2000 as an associate consultant and was soon fluent with all aspects of the sales and onboarding process for new advisors. In 2006, he was promoted and given his first official state territory of Colorado...Read More
Michael Belluomini has been promoted to first vice president of Branch Office Development. Since joining Securities America in 2005, Belluomini has devoted 15 years to assisting financial professionals. He’s held multiple roles, including associate vice president of Relationship Management & Branch Sales and senior regional director of Securities America’s Southwest Region.
As first vice president, Belluomini will continue his recruiting efforts for the firm. “I take great pride in helping successful financial professionals find a new broker-dealer partner in Securities America,” he said. Over his tenure, he’s recruited a total of $69.6 million GDC.Read More