Atria Wealth Solutions Inc., a multi-channel wealth management solutions holding company, has closed the acquisition of SCF Securities Inc., an independent wealth management firm based in Fresno, CA. With this closing, Atria acquires 100% of SCF Securities, SCF Investment Advisors Inc., and SCF Marketing Inc.
“We are thrilled to welcome SCF into the Atria family. We share a collective vision for offering the best experience and exceptional service to financial professionals, making the combination a great fit for both firms,” said Doug Ketterer, CEO and founding partner of Atria. “Both companies believe in the criticality of the advisor-client relationship and making it easier for financial professionals to create deeper and more meaningful interactions with clients and prospects by delivering the best-in-class tools, technology, investment solutions, resources and services.”
“This partnership with Atria is really an extension of SCF. Atria’s values align perfectly with our culture, and their relentless commitment to pursue the voice of the financial professional in all they envision, build and implement is unmatched,” said Randy Meadows, SCF President. “We look forward to embracing Atria’s tremendous resources and enhanced technology — empowering us to accelerate our vision of equipping financial professionals with a competitive advantage as the needs of their clients continue to grow.”
SCF is the sixth broker-dealer acquired by Atria and joins its current subsidiaries, Cadaret, Grant & Co. Inc., Next Financial Group Inc., Western International Securities Inc., CUSO Financial Services LP and Sorrento Pacific Financial LLC.