Triad Recruits $325 Million Firm to its Broker-Dealer and Hybrid RIA Platforms
Triad Advisors LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services (NYSE American: LTS), has recruited Cirrus Wealth Management to join its broker-dealer and hybrid RIA custodial platforms.
Triad Advisors LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services (NYSE American: LTS), has recruited Cirrus Wealth Management to join its broker-dealer and hybrid registered investment advisor custodial platforms.
Located in Cleveland and previously affiliated with Royal Alliance, Cirrus Wealth Management is an independent financial advisory firm with approximately $325 million in total advisory and brokerage client assets.
The firm’s practice areas of focus include holistic financial planning, investment management, retirement planning for high net worth individuals and small- to mid -sized business owners, and estate and tax planning. The practice encompasses four financial advisors and four support staff.
“As we sought a new strategic partner to help us take the next step in our firm’s growth, considerations like technology, product selection and gaining added flexibility played a huge part in our decision,” said Joseph Heider, founder and president of Cirrus. “Equally important, however, was finding a partner that was a good cultural fit.”
Headquartered in Atlanta, Georgia, Triad Advisors is an independent advisory and brokerage firm as well as a multi-custodial registered investment adviser. The company provides a comprehensive platform of products, trading and technology systems, as well as customized wealth management solutions.
