Triad Advisors Launches Triad Hybrid Solutions Providing Benefits of RIA Firm Ownership for Independent Advisors, Without the Same Regulatory Complexity and Costs

New Platform Provides Streamlined Regulatory and Compliance Processes, Scalable Growth Tools, and Multi-Custodial Experience to Independent Fee- and Commission-Based Advisors

19 Aug, 2014, 09:15 ET from Triad Advisors, Inc.

ATLANTA, Aug. 19, 2014 /PRNewswire/ -- Triad Advisors, Inc. today announced the launch of Triad Hybrid Solutions, a new Registered Investment Advisory (RIA) entity serving fee- and commission-based independent financial advisors.  As part of this announcement, the company stated that Michael C. Bryan, Senior Vice President, Advisory Services, will serve as CEO of Triad Hybrid Solutions.

The new RIA primarily targets comparatively small to mid-sized independent advisors seeking the most advantageous attributes of owning their own RIA firms while offloading growing regulatory complexity and costs to a proven industry expert. In addition, Triad Hybrid Solutions offers IARs the maximum flexibility of custodial partners typically associated only with RIA firm ownership.  Triad Hybrid Solutions will enable its affiliated independent advisors to utilize multiple leading custodians including Charles Schwab & Co., Fidelity Institutional Wealth Services, and National Financial Services, LLC.  Further custodial partnerships with top providers are anticipated later this year.

Triad Hybrid Solutions expects to attract investment advisors of RIAs that deal with multiple state registrations, those who do not have the desire to dedicate staff and resources to RIA maintenance, or breakaways from wirehouses who may prefer an established structure. The association with Triad's well-known broker/dealer also gives financial professionals the ability to offer products and services in a true hybrid business model serving clients on either a fee or commission basis.

Additionally, Triad Hybrid Solutions will offer the benefits of customized, end-to-end practice management support through industry-leading third party providers, all delivered at a cost that smaller RIA firms would be unlikely to afford.  This includes top-of-the-line resources such as Advent Software's Black Diamond portfolio management and performance reporting technology as well as Salesforce.com's customer relationship management (CRM) solutions.

Michael C. Bryan, Senior Vice President, Advisory Services, said, "Triad Hybrid Solutions meets a rapidly growing demand among an overlooked yet sizable segment of the independent advisor population. Advisors can leverage our extensive experience in the hybrid space, access industry-leading tools, and take comfort in knowing we manage the significant challenges of compliance and regulatory changes. Advisors are free to grow their own businesses with confidence."

Nathan M. Stibbs, Senior Vice President, National Business Development, said, "For years, Triad Advisors has been a pioneer in providing hybrid independent fee- and commission-based financial advisors with the most accommodating structures for successfully pursuing their individual business models. The rollout of Triad Hybrid Solutions presents an important new offering in the broad range of our capabilities and reinforces our well-established leadership position in the industry."

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 550 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.  Triad Advisors is a wholly-owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS). For more information, please visit www.triad-advisors.com.

Media Contact:
Chris Clemens / Michael Dugan
Haven Tower Group LLC
206 420 1525 / 206 446 8443
cclemens@haventower.com or mdugan@haventower.com

SOURCE Triad Advisors, Inc.



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