Hilltop Securities Independent Network Inc., an independent broker-dealer and registered investment adviser, has changed its name to Momentum Independent Network Inc.
The firm serves approximately 200 wealth management professionals in 29 states. Momentum’s ownership and leadership remain the same under the new name.
“We are committed to supporting our independent financial professionals and growing our franchise across the country,” said Brad Winges, Hilltop Securities president and chief executive officer. “The Momentum Independent Network name reflects this focus on growth and our continued investment in our wealth management platform.”
Hilltop Securities claims to have invested several million dollars in technology enhancements and service providers in recent years to support the growth of its wealth management business.
Momentum Independent Network is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH) and a sister company of Hilltop Securities Inc., through which it clears its securities business.