Securities America’s Multi-Custodial RIA Attracts Crew from Ameriprise

Unbiased dealer/supplier Securities America has added a St. Louis-based crew with $459 million in consumer belongings to Arbor Level Advisors, the agency’s second multi-custodial, company RIA.

Syntegra Personal Wealth Group, which has three workplaces within the St. Louis space, joins from Ameriprise Monetary.

Syntegra consists of six hybrid advisors and is lead by CEO Thomas A. Burke. The agency focuses on funding administration, life insurance coverage, tax, retirement and property planning.

Arbor Level, fashioned through a three way partnership between Securities America and NorthStar Monetary Companies Group, is an RIA platform that permits advisors to make use of a number of custodians whereas retaining their commission-based enterprise. The agency serves hybrid advisors who wish to personal and function their very own privately branded agency, however don’t need the operations and compliance burdens.

Securities America is the most important IBD subsidiary of Ladenburg Thalmann.