A broker-dealer that tries to offer registered reps a combination of independence and support services is expanding in New York.

The Karoon Capital Markets/Financial Network arm of Financial Network Investment Corp., El Segundo, Calif., has opened an office at 11 Park Place, Manhattan, and is preparing to open a second office in Midtown Manhattan, across from Grand Central Station, in a few weeks.

Financial Network Investment is a unit of ING Groep N.V., Amsterdam.