Advisor Group, an independent broker-dealer network, has been bought by private-equity firm Reverence Capital Partners, in a deal that keeps the company independent and its existing management intact.
In this regard, is Advisor Group A broker dealer?
With the collective strength of more than 11,000 experienced financial professionals who are helping hard-working Americans secure their futures and realize their dreams, the broker–dealers of Advisor Group enjoy the strength and power of sophisticated centralized systems and significant resources.
Likewise, how many employees does Advisor Group have?
What are brokers and dealers?
A broker–dealer (B-D) is a person or firm in the business of buying and selling securities for its own account or on behalf of its customers. … A brokerage acts as a broker (or agent) when it executes orders on behalf of its clients, whereas it acts as a dealer, or principal when it trades for its own account.
What is Advisor Group worth?
Net
| Disclosure | Firm |
|---|---|
| Soft-dollar Arrangements | Yes |
| Trades Recommended Securities | Yes |
Who bought Ladenburg Thalmann?
Ladenburg Thalmann Financial Services is based in Miami, Florida. The company has more than 4,000 financial advisors with approximately $125 billion in client assets. Ladenburg Thalmann Financial Services was acquired by Advisor Group, a private-equity firm, in November 2019.
Is Securities America part of Advisor Group?
Securities America is part of Advisor Group, the nation’s largest networks of independent wealth management firms.
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