ATLANTA, March 16, 2017 /PRNewswire/ -- Triad Advisors, Inc., the hybrid advisor-focused independent broker-dealer, today announced that Legacy Wealth Partners ("Legacy") has transitioned to Triad's hybrid advisor broker-dealer platform. Legacy brings approximately $190 million in client assets, as of January 31, 2017.
Based in Woodland Hills, California, Legacy provides holistic financial planning to high-net-worth private clients and families in three basic groups: successful professionals and business owners, retirees and pre-retirees, and people experiencing major life transitions, primarily divorce or the death of a spouse. Legacy serves as the personal financial advocate and chief financial officer of each client, focused on creating and implementing a customized financial plan designed to meet their individual financial goals and requirements, including investment management, tax planning, estate planning and insurance. Serving a predominantly Southern California clientele, Legacy provides primarily fee-based financial advice.
Legacy Wealth Partners was founded in 2007 by Brad Levin, CFP®, AIF®, CDFA™, and David Tracy, CFP®, the firm's Chief Operating Officer. The Legacy team is aided by three support professionals, and both Mr. Levin and Mr. Tracy are industry veterans with nearly 40 years of combined advisor experience. In conjunction with his advisory work, Mr. Levin is a frequent public speaker and has been featured in the leading financial media.
Nathan Stibbs, Executive Vice President, Chief Strategy Officer at Triad Advisors, said, "We are delighted to welcome Legacy Wealth Partners to Triad's broker-dealer and hybrid registered investment advisor (RIA) platform. We are pleased to be able to offer Legacy the flexibility and freedom they were seeking, so they may manage their business as they envision and select the tools, resources and investment solutions of their choosing in order to most effectively service their clients' needs. Legacy is a young firm with tremendous growth potential, and Triad is eager to help it fulfill its ambitions and grow into a substantially larger organization."
Mr. Levin, CEO and Founder of Legacy Wealth Partners, stated, "We are excited to join Triad Advisors to facilitate the next phase of our firm's growth and evolution. Affiliation with Triad's flexible platform has enabled us to maintain our own RIA, which allows us to choose the services we prefer in order to enhance our clients' wealth management experience and continue to develop Legacy's distinct culture and identity. At the same time, in Triad we receive the support of a top-quality broker-dealer that is truly dedicated to being our entrepreneurial partner."
Levin continued, "Working with Triad also makes available to us additional resources through Triad's parent, Ladenburg Thalmann, including its extensive research capabilities, exclusive investment syndicates, and access to financing that can help us grow our business and attract additional high caliber advisors to Legacy's team-based wealth management business model. We look forward to working closely with Triad and with Ladenburg Thalmann over the coming years."
About Legacy Wealth Partners
Based in Woodland Hills, CA, Legacy Wealth Partners is an independent financial advisory firm providing comprehensive financial planning and robust portfolio management for high-net-worth individuals as well as institutions. The firm specializes in serving the financial needs of successful professionals and business owners, retirees and pre-retirees, and individuals experiencing major life transitions. For more information, please visit www.legacywp.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 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 seven years in a row 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.
SOURCE Triad Advisors, Inc.