March 7, 2018
Debbie Wallen Mentioned
By Tobias Salinger
Securities America nabbed two more practices from National Planning Holdings to bring its total haul from NPH to more than 215 advisors with $8 billion in client assets following the LPL Financial deal.
A major hybrid RIA practice with Securities America also added a sole practitioner from LPL as part of three moves consisting of 20 advisors managing a combined $716 million, the firm announced this week. The suburban Omaha, Nebraska firm constitutes the ninth-largest independent broker-dealer.
Recruiter Debbie Wallen of Diamond Consultants led him through a process that included research of 80 firms, interviews with 50 IBDs and face-to-face meetings with 30 of them, according to Wagner, president of the Wilmington, Delaware-based firm.