Securities America, a wealth management firm within Advisor Group’s network, has recruited 20/20 Wealth Management Group, a hybrid financial advisory practice based in Auburn, Alabama with more than $120 million in total client assets.
The practice has affiliated with Securities America through one of its corporate RIAs, Arbor Point Advisors, as well as through Bay View Capital Advisory Group, a Super-OSJ based in St. Petersburg, Florida. In 2019, Arbor Point added more than $1 billion in advisory assets and raised its total client assets to nearly $4 billion.
The practice has five advisors, including founding partner and branch manager Lon Simpson and founding partner Dr. Eugene Oks, as well as Timothy Aja, April Wallace and Jeff Nance. The firm specializes in retirement planning strategies for clients both in and approaching retirement.
According to BrokerCheck, the advisors all joined from Cetera Advisor Networks, except Jeff Nance, who previously affiliated with Lincoln Financial Advisors Corporation.
Headquartered in Omaha and founded in 1984, Securities America supports approximately 2,600 independent financial professionals
Advisor Group serves approximately 11,300 financial professionals and oversees more than $450 billion in client assets. Firms within its network include Securities America, FSC Securities Corporation, Investacorp, KMS Financial Services, Royal Alliance Associates, SagePoint Financial, Securities Service Network, Triad Advisors and Woodbury Financial Services.