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Triad Advisors Adds $900M Group: Recruiting Roundup

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Triad Advisors says Continuum Advisory, which has some $900 million in client assets, is now using its brokerage and hybrid RIA custodial platforms.

Based in Pleasanton, California, which is part of the San Francisco Bay Area, Continuum Advisory has some 16 advisors, including partners Brian Damiani, Mike Kelly, Tim Kerrigan and Chief Compliance Officer Jon Sullivan.

“At Triad, we are highly selective and we strive to partner with organizations that are innovative, entrepreneurial and have significant potential for growth,” said Nathan Stibbs, executive vice president and chief strategy officer at Triad Advisors, in a statement. “We are very excited to welcome Continuum Advisory to the Triad family and look forward to supporting their continued growth and expansion.”

Based in Atlanta, Triad Advisors is an independent advisory and brokerage firm as well as a multi-custodial, SEC-registered investment advisor. It is one of several independent firms owned by Ladenburg Thalmann.

Other Developments

Woodbury Financial Services, which has some 1,200 advisors, says Wisconsin-based Matrise, Polzin & Co. (operating as MPC Advisers) has joined its network.

According to Woodbury, nearly 200 advisors have moved to it this year. Close to 550 have chosen to join it and other independent broker-dealers in the Advisors Group in 2017.

Founded in 1974 in by partners Michael Matrise and Tom Polzin, MPC Advisers consists of 15 advisors who work together in six teams to service clients. The group has some $600 million in client assets. 

“We’ve grown in this industry for over 40 years, and during that time we have never strayed from our mission of placing clients’ interests above all else,” said Matrise, the president and CEO, in a statement.

“When selecting a partner for affiliation, our overarching priority was to find a firm that held these same values, and that would work with us to ensure our client service remained top-notch. Woodbury’s culture aligned perfectly with our own, and we are excited for the future of our relationship,” he explained.

Woodbury currently has some 1,200 affiliated advisors.

“We are extremely pleased to welcome such a well-established and successful firm to the Woodbury family,” said Woodbury President & CEO Rick Fergesen, in a statement. “MPC’s reputation for delivering excellent client service, and a tailored approach to managing client wealth, makes them a perfect fit for our organization.” 

Ameriprise Recruits 

Two advisors recently joined Ameriprise Financial with $354 million in combined assets under management.

Michael Huffman of Mesa, Arizona, is now part of the employee channel after leaving Wells Fargo Clearing Services. He has about $219 million in assets under management and now works with branch manager is Katie Whalen.

Heath Bartlett of Lexington, South Carolina, also became part of Ameriprise’s employee channel after departing from Commonwealth Financial Network. His team has about $135 million in assets under management and will report to branch manager Adam Jurewicz.


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