Advisor Group Acquires Infinex Financial Holdings
May 19, 2022
Advisor Group has signed a definitive agreement to acquire Infinex Financial Holdings, the holding company of a broker-dealer that supports banks, credit unions and institution-based advisors. Infinex, headquartered in Meriden, Connecticut, oversees roughly $30 billion in client assets and more than 750 financial professionals; the deal expands Advisor Group's presence in the financial institution channel and is subject to FINRA and other regulatory approvals.
- Buyers
- Advisor Group
- Targets
- Infinex Financial Holdings
- Industry
- Financial Services
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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