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I’m suggesting the following edits to this page to help with clarity, accuracy, and to improve the overall presentation of the information it contains. (As a self-employed copywriter who does occasional work for Advisor Group, I’m trying avoid COI issues by suggesting the edits as opposed to making them myself.)
Here are the issues I see with the article as it currently exists:
So I’m suggesting the following edits:
I also suggest the inclusion of information about the four broker-dealers that make up Advisor Group, as well as some information specific to each company, as, with the exception of SagePoint Financial, each of these companies has a fairly long history of operating under its own name, with its own capital, prior to becoming part of Advisor Group:
FSC Securities was founded in 1958. [8] In 1997, it was acquired by SunAmerica, Inc. and became part of the SunAmerica Financial Network. In 1999, SunAmerica Financial was acquired by AIG, which later formed AIG Advisor Group. [9] Since its inception, FSC Securities has operated under its own name. As of 2019, FSC has 857 financial advisors and $34 billion in total client assets under administration. [10]
Royal Alliance was founded in 1969. [11] In 1989, its then parent company Integrated Resources Equity Corporation (IREC) established Royal Alliance as a broker-dealer. [12] In 1990, IREC was acquired by Broad, Inc. which had created SunAmerica Planning Centers to assist clients with financial and retirement planning. [13] In 1993, Broad Inc. changed its name to SunAmerica, Inc. and later formed the SunAmerica Financial Network. [14] In 1999, the SunAmerica Financial Network was acquired by AIG, which later formed AIG Advisor Group. [15] Since 1989, Royal Alliance has operated under its own name. As of 2019, Royal Alliance has 3,178 financial advisors and $103 billion in total client assets under administration. [16]
SagePoint Financial was founded in 1970. [17] In 2005, its then parent company, AIG, merged its subsidiaries the SunAmerica Financial Network, Sentra Securities and Spellman Securities to form AIG Financial Advisors, [18] and made it part of AIG Advisor Group. In 2009, AIG Financial Advisors was renamed SagePoint Financial. [19] As of 2019, SagePoint Financial has 1,433 financial advisors and $45 billion in total client assets under administration. [20]
Woodbury Financial Services was founded in 1968. [21] In 2001, The Hartford acquired Woodbury Financial to offer insurance, annuities and mutual funds through its affiliated financial advisors. [22] In 2012, Woodbury was acquired by AIG and became part of AIG Advisor Group. [23] Since 2001, Woodbury Financial has operated under its own name. As of 2019, Woodbury Financial has 1,838 financial advisors and $60 billion in total client assets under administration. [24]
Thank you. Any helpful suggestions are very much appreciated. -- Richardmlange ( talk) 20:58, 5 April 2019 (UTC)
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