Advisor Group, a network of independent wealth management firms, has acquired Infinex Financial Holdings.

Infinex is a broker-dealer focused on serving the investment management needs of financial institutions.

“This acquisition aligns Advisor Group with one of the most widely respected firms specializing in helping financial institutions build and grow successful wealth management programs across the country,” said Advisor CEO Jamie Price. “By joining forces with Infinex, Advisor Group becomes a multi-channel industry leader with a significant presence across the financial institution space, a distinct industry channel with over $1 trillion in assets. We are honored that Infinex has chosen to partner with us and look forward to supporting the growth of financial institutions, financial advisors and the clients they support.”