ATLANTA, May 21, 2015 /PRNewswire/ -- Triad Advisors, Inc.
today announced that Summit Financial Consultants ("Summit") has
transitioned to the Triad Advisors broker-dealer and hybrid RIA
multi-custodial platform. Summit oversees client assets of
approximately $225 million, as of
March 31, 2015, offering
comprehensive independent financial advisory services to affluent
and high-net-worth clients. Triad Advisors is a leading independent
broker-dealer supporting independent hybrid financial advisory
practices and registered investment advisory (RIA) firms, and is a
wholly owned subsidiary of Ladenburg Thalmann Financial Services
Inc. (NYSE MKT: LTS).
Based in Westlake Village, CA,
Summit is a boutique independent financial advisory firm serving a
broad base of affluent and high-net-worth clients across
the United States. For over thirty
years, Summit has created tailored investment strategies to meet
the needs of medical professionals, business owners, women, select
individuals and their families. Primarily a fee-based advisory,
with its own RIA, Summit provides a turnkey, holistic client
experience, including investment management, insurance and
retirement planning, and works in close collaboration with
additional outside counsel to deliver a comprehensive financial
planning and wealth management solution. Led by veteran independent
advisor Neil Elmouchi, with a total
of four financial advisors and a staff of ten support
professionals, Summit focuses on maintaining a high level of
service for its existing clientele, taking on only a limited number
of new clients each year.
Nathan Stibbs, Executive Vice
President, Business Development at Triad Advisors, said, "We are
delighted to welcome Summit Financial Consultants to Triad Advisors
and we look forward to helping Summit grow its wealth management
business through an expanded menu of resources and solutions. Like
Triad, Summit is extremely entrepreneurial and its focus on
providing an indispensable client experience will make Summit an
excellent addition to the Triad family."
Mr. Elmouchi, President of Summit Financial Consultants, said,
"Everything we do at Summit revolves around the quality of the
client experience we deliver, and affiliating with Triad afforded
us a palette of resources that was previously unavailable to us.
Joining with Triad will enable us to pick and choose best-of-breed
resources, such as the new technologies we see becoming available
in the near future which will result in greater efficiency and
better implementation of client strategies. We are very happy to
affiliate with a firm like Triad that combines foresight and the
human touch – qualities so important to our own value proposition –
with flexibility and a depth of professional capabilities.
Moreover, we look forward to exploring some of the additional
advisory and transactional capabilities that we can access for our
clients through Triad's relationship with its parent company,
Ladenburg Thalmann."
About Summit Financial Consultants
Based in
Westlake Village, CA, Summit is a
boutique independent financial advisory firm licensed in 11 states
and serving a broad base of affluent and high-net-worth clients
across the United States.
Primarily a fee-based advisory with its own RIA, Summit provides a
turnkey, holistic client experience, including investment
management, insurance, and retirement planning, and works in close
collaboration with additional outside counsel to deliver a
comprehensive advisory and financial planning solution. Founded in
1985 by its president, Neil
Elmouchi, today Summit has a total of four financial
advisors and a staff of ten support professionals who provide a
high level of individualized, customized service for the firm's
clientele.
About Triad Advisors
Headquartered in Atlanta, GA, Triad Advisors, Inc. is a
national, independent broker-dealer and multi-custodial
SEC-Registered Investment Advisor (RIA) that is an early pioneer
and continued leader in the Hybrid RIA marketplace. The company
provides a comprehensive platform of products, trading and
technology systems, as well as customized wealth management
solutions. Recognized as one of the most successful and
fastest-growing independent broker-dealers in the industry
(including being named the leading broker-dealer for Hybrid RIAs
from 2010-2014 by Investment Advisor Magazine. Triad
Advisors is a wholly owned subsidiary of Ladenburg Thalmann
Financial Services Inc. (NYSE MKT: LTS). For more information,
please visit www.triad-advisors.com.
Media Contact:
Matthew
Griffes / Joseph Kuo
Haven Tower Group LLC
206 402 5853 / 424 652 6521
mgriffes@haventower.com or jkuo@haventower.com
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SOURCE Triad Advisors, Inc.