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Advisor Group’s Royal Alliance Recruits $120 Million Former Ameriprise Team

Royal Alliance Associates, an independent wealth management firm within the Advisor Group network, has recruited Financial Foundation Services.

Royal Alliance Associates, an independent wealth management firm within the Advisor Group network, has recruited Financial Foundation Services, a New Jersey-based wealth management firm with approximately $120 million in total client assets.

Financial Foundation Services was founded by financial professional Robert Rafano, and has affiliated with Royal Alliance through Super-OSJ, Affiliated Advisors. Rafano and Financial Foundation Services were previously affiliated with Ameriprise.

A certified financial planner and chartered retirement planning counselor, Rafano has been providing financial services to clients in central New Jersey since 2002. He specializes in holistic financial planning, including management of savings and debt, wealth management, insurance and tax planning.

Founded in 1994, Affiliated Advisors supports 85 financial professionals with total assets of more than $2.4 billion in 45 branch offices across eight states.

In addition to Royal Alliance, Advisor Group also includes FSC Securities Corporation, KMS Financial Services, SagePoint Financial, Securities America, Securities Service Network, Triad Advisors and Woodbury Financial. Advisor Group serves approximately 11,100 financial professionals and oversees more than $450 billion in client assets.

Royal Alliance was founded in 1969 and has more than 3,600 affiliated independent financial advisors and is headquartered in Jersey City.

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