Triad Advisors Adds Team with $260 Million in Client Assets

South Carolina-Based Wagner Wealth Management Joins Triad's Broker-Dealer and Hybrid RIA Platform

01 Jul, 2014, 09:30 ET from Triad Advisors, Inc.

ATLANTA, July 1, 2014 /PRNewswire/ -- Triad Advisors, Inc., a leading independent broker-dealer supporting independent hybrid financial advisory practices and registered investment advisory (RIA) firms, and a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), today announced that Wagner Wealth Management, a comprehensive wealth management firm and independent hybrid RIA group, has transitioned to the Triad Advisors broker-dealer and hybrid RIA multi-custodial platform. Wagner Wealth brings a total of nine financial advisors, plus an additional soon-to-be-licensed tenth advisor, to the Triad platform. The practice supports client brokerage and fee-based advisory assets of approximately $260 million, as of May 31, 2014.

With offices in Greenville, Anderson and Seneca, South Carolina, Wagner Wealth Management provides comprehensive wealth management and financial planning services for mass affluent and high-net-worth clients across the country, with a particular client concentration in the eastern United States. In addition to its extensive investment capabilities, featuring its experience with alternative as well as traditional investment solutions, Wagner Wealth assists its clients in planning all aspects of their financial lives. This encompasses plans for the firm's in-house investment banking personnel to work closely with the investment banking resources of Triad Advisors' parent company, Ladenburg Thalmann. Wagner Wealth has a strong background working with independent business owners – whose businesses can range in size from small "mom-and-pop" operations up to complex companies with $500 million in enterprise value – who are seeking to monetize their ownership either through a phased or immediate liquidity event. 

In addition to providing retail client financial planning and investment management services, Wagner Wealth also serves as an independent hybrid RIA group for independent financial advisory practices seeking to affiliate with a larger advisor group or interested in realizing a value-enhancing succession-planning option. Wagner Wealth provides a complete spectrum of back- and middle-office operational support, turnkey asset management capabilities and best-in-class technology platforms. In addition, the firm offers valuation services and complete succession planning counsel to advisors seeking succession strategies. Wagner Wealth also offers strategies for adding significant value to an independent advisory practice. 

Nathan Stibbs, Senior Vice President of National Business Development at Triad Advisors, said, "We are extremely pleased to welcome Wagner Wealth Management to the Triad family. Wagner Wealth has an outstanding team of seasoned financial advisors that share a common focus of providing clients with a comprehensive wealth management experience. They have tremendous growth potential and we look forward to helping them grow their Hybrid RIA not only as a wealth manager, but also as a destination for other financial advisors seeking a succession plan."

Dan Wagner, President of Wagner Wealth Management, said, "We are enthusiastic about our transition to Triad Advisors and are confident this new relationship will enhance our business on several important levels. As a leading broker-dealer, Triad thoroughly understands the hybrid RIA environment, and its multi-custodial platform not only fits well with our existing clients but provides a flexibility and ease in transitioning that positions us well as a destination of choice for independent advisors seeking to align with the Wagner Wealth hybrid RIA group."

Mr. Wagner continued, "Furthermore, Triad's experience supporting advisors who do business with complex illiquid alternative investments is a valuable addition to our business. We also look forward to working with Triad's parent company, Ladenburg Thalmann, in connection with our investment banking services to our business-owner clients seeking effective avenues for unlocking the wealth, or portions of it, inherent in the valuable businesses they have created. 

"Finally, on an intangible level," Mr. Wagner concluded, "we believe the openness and collaborative spirit we have found in Triad fits well with the culture we have promoted within Wagner Wealth, and we look forward to working with Triad in the service of providing a total financial planning value proposition to our clients."

About Wagner Wealth Management
Founded in 2007 by Dan Wagner and a team of experienced financial industry veterans, Wagner Wealth Management provides complete wealth management services for mass affluent and high-net-worth clients across the country, including individuals and businesses. Its comprehensive wealth strategies include asset management, tax strategy, business financial planning, business succession planning, asset allocation, real estate payments, retirement plans and insurance, among other services. With offices in Greenville, Anderson and Seneca, SC, Wagner Wealth Management also serves as a hybrid registered investment advisor (RIA) group for independent financial advisors seeking to affiliate with a larger advisor group or to realize a value-enhancing succession-planning option. For more information, please visit www.wagnerwealthmanagement.com.

About Triad Advisors
Headquartered in Atlanta, GA, Triad Advisors, Inc. is a national, independent broker-dealer and multi-custodial SEC-Registered Investment Advisor (RIA) that is an early pioneer and continued leader in the Hybrid RIA marketplace. The company provides a comprehensive platform of products, trading and technology systems, as well as customized wealth management and practice management solutions to over 580 advisors nationwide, the majority of whom operate their own Hybrid RIA firms. Recognized as one of the most successful and fastest growing independent broker-dealers in the industry (including being named the leading broker-dealer for Hybrid RIAs from 2009-2012 by Investment Advisor Magazine), the company was created expressly around the vision that independent financial advisors are best served when they are empowered with the capability to seamlessly integrate fee and commission-based services for their end clients. For more information, please visit www.triad-advisors.com.

Media Contact:
Matthew Griffes / Joseph Kuo
Haven Tower Group LLC
206 402 5853 / 206 420 3851
mgriffes@haventower.com or jkuo@haventower.com 

SOURCE Triad Advisors, Inc.



RELATED LINKS

http://www.triad-advisors.com


http://www.wagnerwealthmanagement.com