Atria Wealth Solutions To Acquire Independent Wealth Management Firm Western International Securities, Inc.
http://www.prnewswire.com/news-releases/atria-wealth-solutions-to-acquire-independent-wealth-management-firm-western-international-securities-inc-300963252.html
NEW YORK and PASADENA, Calif., Nov. 21, 2019 /PRNewswire/ -- Atria Wealth Solutions, Inc. (Atria), a multi-channel wealth management solutions holding company, today announced an agreement to acquire Pasadena, CA-based independent broker-dealer Western International Securities, Inc. (WIS). WIS was founded in 1995 and serves over 400 independent financial advisors with $13 billion in assets under administration.
Atria's acquisition of WIS represents another strategic move forward in delivering an industry-leading offering in the fast-changing independent wealth management space. WIS serves independent financial advisors in a variety of models including affiliation through a turnkey branch solution that offers professional office space, integrated technology and dedicated support staff. Additionally, WIS' strategic clearing partnerships further expand Atria's solution set for financial advisors.