Private Advisor Group Acquires Investors Financial Group

Private Advisor Group, a Morristown, New Jersey-based independent wealth management firm, has acquired Minnesota-based registered investment advisor Investors Financial Group (IFG). IFG — comprised of nearly 30 advisors and staff and managing $1.86 billion in advisory AUM as of Dec. 31, 2021 — will transition RIA management to Private Advisor Group to gain practice management resources, scale, and succession planning support.