Advisor Group has hired the chief financial officer of United Capital, Jon Frojen, to be its CFO.
Frojen, who was with United Capital since 2016, previously was with Cetera Financial Group. (Goldman Sachs bought the RIA and platform provider last year and just renamed it Goldman Sachs Personal Financial Management.)
The news comes a week after Advisor Group said it is merging three of the five broker-dealers it recently acquired from Ladenburg Thalmann and after Goldman announced plans to buy fintech platform and custodian Folio Financial.
“Bringing on such a skilled executive could not have happened at a more important time for Advisor Group, as we continue to build on the incredible momentum we have achieved in recent months,” according to Jamie Price, Advisor Group’s President and CEO.