Latest News
Advisor Group Closes Acquisition of Signator Investors, Merges It with Royal Alliance Associates
Friday 09 November 2018

9 November 2018 - US-based financial advisory firm network Advisor Group has closed the acquisition of Signator Investors, Inc. and the merger of Signator into Royal Alliance Associates, Inc., one of Advisor Group's four existing independent firms, the group said.

Signator is a dual-registered broker-dealer and investment advisor with more than 1,800 financial professionals overseeing approximately USD 50bn in client assets. Signator is part of John Hancock.

Royal Alliance and Signator both operate using a Super OSJ (Office of Supervisory Jurisdiction) business model, which creates an ideal situation for Signator's Managing Partners to affiliate with a firm of like-minded peers and business owners.

In addition, all advisors will benefit from being part of an organisation that is 100% focused on serving the independent model.

Signator's advisors will also gain access to Royal Alliance's technology, wealth management solutions, marketing services, and business-building support.

The acquisition comes on the heels of a strong recruiting year for Royal Alliance, which saw the addition of 171 new advisors, representing a combined USD 4bn in assets, in 2017.

Advisor Group is one of the nation's largest networks of independent financial advisors serving over 5,000 advisors and overseeing approximately USD 190bn in client assets.
Date Published: 09/11/2018
Target: Signator Investors
Country: USA
Sector: Banking/Financial Services
Type: Corporate acquisition
Status: Closed
Buyer: Advisor Group
Advisor Group will merge Signator Investors into Royal Alliance Associates