Advisor Group, a network of independent wealth management firms, has recruited James Putnam and Babak “Bobby” Payvandi, a pair of financial advisors based in the Sacramento metro area who collectively oversee $174 million in total client assets.
Putnam and Payvandi, both previously affiliated with Cetera, join Advisor Group through the firm’s subsidiary Securities America and Iron Point Advisors, a Super-OSJ based in Folsom. The pair specialize in retirement and tax planning with a concentration in the real estate industry.
The two advisors will also leverage the practice management support and supervision of Iron Point Advisors, which oversees 53 financial professionals with more than $2 billion in client assets.
Advisor Group serves approximately 10,100 financial professionals who oversee more than $475 billion in client assets. The network includes Securities America, FSC Securities, Royal Alliance Associates, SagePoint Financial, Triad Advisors and Woodbury Financial Services.
Headquartered in Omaha and founded in 1984, Securities America supports approximately 3,200 independent financial professionals.