Two Advisor Group OSJs Combine to Create $9B Firm
GenXFinancial and Boston Partners Financial Group are coming together to create the largest super OSJ at Advisor Group's Royal Alliance, with $9 billion in total assets and 180 advisors.
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Advisor Group Adds Four Financial Professionals with $259M in Total Client Assets to Royal Alliance Subsidiary
The announcement adds to Advisor Group’s significant recruiting momentum so far in 2021, as the firm has brought in $6.9 billion in assets under administration through May 28, versus $2.33 billion for the same period in 2020 (a year-over-year (YOY) increase of approximately 196%); $2.6 billion in assets under management, versus $1.53 billion in the prior year period (a YOY increase of 70%); and 230 recruited financial professionals, versus 170 for the same period last year (a YOY increase of 33%).
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