RetireOne, a San Francisco-based platform for fee-based insurance coverage merchandise owned by Aria Retirement Options, has bought EF Legacy Securities, a broker-dealer, from Edelman Monetary Engines.
The acquisition permits RetireOne to broaden its insurance coverage and annuity back-office companies for RIA companies, and higher help registered representatives shifting their practices to a fee-based mannequin, Aria mentioned in a launch.
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The corporate mentioned that Rainey Grey will keep on because the broker-dealer’s chief compliance officer to assist assist the enterprise. EF Legacy Securities is predicated in Louisville, Ky.
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