Triad Hybrid Solutions Doubles Assets Under Management in 18 Months
With a technological platform and strong recruiting, Triad Hybrid Solutions has expanded its assets under management by $1.3 billion since the beginning of 2018.
Triad Hybrid Solutions, subsidiary of Triad Advisors, LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services, Inc. (NYSE: LTS), reported that it has expanded its assets under management by $1.3 billion since the beginning of 2018.
The platform was designed to serve the needs of various types of professional financial advisors and their business models, including independent hybrid financial advisory practices and registered investment advisory (RIA) firms. It operates as an RIA and provides support, compliance and technology services.
During this timeframe, Triad Hybrid Solutions also added 31 licensed professionals across multiple teams, ranging in size from $26 million to $590 million assets under management. As a result, the company has approximately $2 billion assets under management as of June 30, 2019.
