San Diego-based CUSO Monetary Companies, a dealer/supplier centered on credit score unions, stated it had a report 2018 by way of income, renewing contracts with greater than a dozen credit score unions with $36 billion in shopper belongings and a couple of.four million members.
Most not too long ago, the agency renewed a multi-year contract with Allegacy Federal Credit score Union of North Carolina, which has $1.47 billion in belongings and greater than 148,000 members.
CUSO is a subsidiary of Atria Wealth Options, the personal equity-backed wealth administration holding firm launched by former Morgan Stanley government Doug Ketterer in 2017. Atria additionally owns sister dealer/supplier Sorrento Pacific Monetary, additionally in San Diego.
Final April, Atria acquired Cadaret, Grant & Co., a Syracuse, N.Y.-based impartial dealer/supplier with about 900 advisors and greater than $23 billion in belongings below administration. Most not too long ago in January, the agency acquired NEXT Monetary Group, a Houston-based impartial dealer/supplier with about 500 advisors and $13 billion in AUA.
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