Integrated Advisors Network Builds Out Pathway for Breakaways
RIA support platform Integrated Advisors Network has acquired consultants ReDefine Independent Advisors in an effort to build out a more dedicated offering for breakaway wirehouse advisors.
Integrated Advisors Network, a Palos Verdes, Calif.-based support platform for registered investment advisors, has acquired ReDefine Independent Advisors, an RIA consulting firm, to build out a dedicated offering for breakaway advisors. As part of the deal, the firm has named ReDefine CEO Jason Inglis as its new president.
Since Integrated Advisors Network, an SEC-registered RIA, was launched in 2015, it has been getting the majority of its business through referrals from the custodians, including Fidelity, Schwab and TD Ameritrade, Inglis said. The firm was not having much luck with wirehouse advisors. Although he didn’t come out a wirehouse himself, Inglis has experience helping wirehouse advisors transition to running a business.