Triad Advisors has recruited Resources Investment Advisors – a super OSJ serving 11 independent financial advisory practices – to its broker-dealer and custodial platforms.
Based in Overland Park, Kansas, Resources Investment Advisors was established in 1987 as a small, local advisory firm focused on managing assets.
It has grown into a regional financial services firm that provides independent financial advisers who support retail clients, as well as company retirement plans on both a fee and commission based basis, with a range of services including practice management, investment management, technology support and compliance.
Nathan Stibbs, executive vice president, chief strategy officer at Triad Advisors, says: “We’re delighted to welcome Resources Investment Advisors to Triad’s broker-dealer and Hybrid RIA platform. This is a unique organisation that has an impressive track record of growth and is one of the premier retirement planning providers in the industry. Their business model combined with Triad’s focus on supporting elite Hybrid advisory firms makes this a very logical partnership."
Vince Morris, president of Resources Investment Advisors, says: “At Resources Investment Advisors, our core purpose is helping people protect their quality of life. This applies to our clients and our advisors. When looking for a broker-dealer, we sought out a partner who truly valued independence, as defined by delivering to advisors the freedom to make the best decisions for themselves, their businesses and their clients. At the same time, we also wanted to forge a relationship with a partner who could not only seamlessly support broker-dealer and custodial functions, but also provide us with the flexibility we needed with respect to enabling a broader multi-custodial approach."
Stibbs adds: “At Triad, we see an accelerating trend of higher-end wealth management firms seeking a broker-dealer partner that can deliver a broad range of growth solutions while simultaneously providing a model that is highly entrepreneurial. As the regulatory environment evolves, we expect this migration to continue and we feel that Triad, along with Ladenburg Thalmann, offer the perfect balance of size and scale, without compromising independence or brand ownership."