Fidelity Institutional Wealth Services is the custodian of our clients’ accounts. Fidelity has over $2.1 trillion in assets under advisement for over 3,900 institutional advisors and 7.1 million accounts. Fidelity is the 2nd largest custodian overall and the largest privately-owned one in the world. Fidelity provides our clients with asset custody and online access and facilitates trades for us. They also provide guidance on practice management, technology, and other areas to help us to grow over time.
Triad Advisors is a leading Broker/Dealer firm with 640 financial professionals who serve over $32 billion in client assets, as of December 31, 2019. Triad Advisors was named by Investment Advisor magazine as the leading Broker/Dealer for Hybrid Registered Investment Advisor (RIA) Firms. Triad Hybrid Solutions is a part of Triad Advisors that allows independent advisors to maintain their advisory and commissionable business and contract with one of Triad’s Corporate RIAs. The advisor does not have to give up ownership of the practice and can leverage all of the tools provided by Triad for their clients’ unique situations. Triad Hybrid Solutions provides Justabout Wealth Management with back office support, including processing of paperwork, compliance, technology, software, billing, and much more.
Ladenburg Thalmann and Triad Advisors are both owned by Advisor Group. Through the relationship, Ladenburg provides support in several areas: investment banking, insurance, and asset management. Ladenburg Asset Management, the investment arm of Ladenburg Thalmann, provides investment research and management. They have over $2.3 billion in assets under management for over 7,500 clients, and they provide us with research and recommended lists for use in our practices. The combined companies make Advisor Group the second largest independent brokerage force in the industry, with over 11,500 affiliated advisors.