Triad Advisors Welcomes Summit Financial Consultants To Its Broker-Dealer And Hybrid RIA Platform

California-Based Independent Advisory Firm Providing High-Touch Service to High-Net-Worth Clientele Brings Approximately $225 Million in Client Assets

May 21, 2015, 09:15 ET from Triad Advisors, Inc.

ATLANTA, May 21, 2015 /PRNewswire/ -- Triad Advisors, Inc. today announced that Summit Financial Consultants ("Summit") has transitioned to the Triad Advisors broker-dealer and hybrid RIA multi-custodial platform. Summit oversees client assets of approximately $225 million, as of March 31, 2015, offering comprehensive independent financial advisory services to affluent and high-net-worth clients. Triad Advisors is a leading independent broker-dealer supporting independent hybrid financial advisory practices and registered investment advisory (RIA) firms, and is a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS).

Based in Westlake Village, CA, Summit is a boutique independent financial advisory firm serving a broad base of affluent and high-net-worth clients across the United States. For over thirty years, Summit has created tailored investment strategies to meet the needs of medical professionals, business owners, women, select individuals and their families. Primarily a fee-based advisory, with its own RIA, Summit provides a turnkey, holistic client experience, including investment management, insurance and retirement planning, and works in close collaboration with additional outside counsel to deliver a comprehensive financial planning and wealth management solution. Led by veteran independent advisor Neil Elmouchi, with a total of four financial advisors and a staff of ten support professionals, Summit focuses on maintaining a high level of service for its existing clientele, taking on only a limited number of new clients each year. 

Nathan Stibbs, Executive Vice President, Business Development at Triad Advisors, said, "We are delighted to welcome Summit Financial Consultants to Triad Advisors and we look forward to helping Summit grow its wealth management business through an expanded menu of resources and solutions. Like Triad, Summit is extremely entrepreneurial and its focus on providing an indispensable client experience will make Summit an excellent addition to the Triad family."

Mr. Elmouchi, President of Summit Financial Consultants, said, "Everything we do at Summit revolves around the quality of the client experience we deliver, and affiliating with Triad afforded us a palette of resources that was previously unavailable to us. Joining with Triad will enable us to pick and choose best-of-breed resources, such as the new technologies we see becoming available in the near future which will result in greater efficiency and better implementation of client strategies. We are very happy to affiliate with a firm like Triad that combines foresight and the human touch – qualities so important to our own value proposition – with flexibility and a depth of professional capabilities. Moreover, we look forward to exploring some of the additional advisory and transactional capabilities that we can access for our clients through Triad's relationship with its parent company, Ladenburg Thalmann."

About Summit Financial Consultants
Based in Westlake Village, CA, Summit is a boutique independent financial advisory firm licensed in 11 states and serving a broad base of affluent and high-net-worth clients across the United States. Primarily a fee-based advisory with its own RIA, Summit provides a turnkey, holistic client experience, including investment management, insurance, and retirement planning, and works in close collaboration with additional outside counsel to deliver a comprehensive advisory and financial planning solution. Founded in 1985 by its president, Neil Elmouchi, today Summit has a total of four financial advisors and a staff of ten support professionals who provide a high level of individualized, customized service for the firm's clientele. 

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 solutions. 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 2010-2014 by Investment Advisor Magazine. 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:
Matthew Griffes / Joseph Kuo
Haven Tower Group LLC
206 402 5853 / 424 652 6521
mgriffes@haventower.com or jkuo@haventower.com

 

SOURCE Triad Advisors, Inc.



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