Advisor Group will integrate Investacorp, Securities Service Network (SSN) and KMS Financial Services.
Advisor Group confirms no repapering of client securities accounts will be needed for financial professionals at Investacorp, SSN and KMS. A small number of adviser accounts at KMS will require positive consent to the change of firms.
Upon conclusion of this realignment plan, which will commence this summer and wrap up by the fourth quarter of this year, both Securities America and Triad Advisors will remain stand-alone firms, alongside the pre-existing Advisor Group firms FSC Securities Corp., Royal Alliance Associates, SagePoint Financial and Woodbury Financial Services.
Jamie Price, CEO of Advisor Group, said, “Our decision to align Investacorp, SSN and KMS with Securities America was driven by one goal: Delivering the very best technology, platforms, tools and other growth resources that we have to all financial professionals across each of these firms as
