Atria Wealth Solutions Acquires SCF Securities, Inc.
January 27, 2021
Atria Wealth Solutions has acquired 100% of SCF Securities, Inc., SCF Investment Advisors, Inc., and SCF Marketing, Inc., bringing the independent Fresno-based wealth management firm into Atria's broker-dealer family. The deal expands Atria's advisor footprint and fee-based assets under administration — adding SCF's ~150 independent financial professionals and increasing Atria's total financial professionals to roughly 2,500 and AUA to nearly/over $95 billion.
- Buyers
- Atria Wealth Solutions, Inc.
- Targets
- SCF Securities, Inc., SCF Investment Advisors, Inc., SCF Marketing, Inc.
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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