Broker Check

Two Advisor Group OSJs Combine to Create $9B Firm

From WealthManagement.com:

GenXFinancial, a super office of supervisory jurisdiction of Royal Alliance Associates, an Advisor Group broker/dealer, has announced plans to acquire Boston Partners Financial Group, another super OSJ affiliated with Royal Alliance, creating a firm with $9 billion in total client assets and 180 advisors.

Once the deal closes, GenX will become the largest super OSJ at Royal Alliance.

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