Atria Wealth Acquires Fifth Broker-Dealer
Barron's
November 22, 2019
Atria Wealth Solutions is adding a fifth broker-dealer to its network.
The company, founded in 2017 by Morgan Stanley MS+0.84% vet Doug Ketterer, said Thursday it was buying Western International Securities, a Pasadena, Calif.-based independent broker dealer that serves more than 400 financial advisors with $13 billion in assets under administration.
Western International works with advisors in a variety of ways, including a “turnkey branch solution” that provides them with office space, integrated technology, and support staff.
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