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What does Royal Alliance do?
Royal Alliance combines strength, service, and support to help ensure that financial professionals are well-positioned to meet the needs of their clients while building long-term, sustainable practices. And we do it your way.
How many advisors at Royal Alliance?
Royal Alliance is part of Advisor Group, one of the largest networks of independent wealth management firms in the United States, with more than 11,000 affiliated financial professionals.
Is Advisor Group A broker dealer?
Advisor Group is an Independent Broker-Dealer as of May 2016 as the result of AIG’s sale of Advisor Group to Lightyear Capital, a private equity firm specializing in financial services investing, and PSP Investments.
What kind of company is Royal Alliance?
Advisor Group Holdings, Inc
Royal Alliance Associates, Inc. is a wealth management firm owned by Advisor Group Holdings, Inc. Your financial professional is affiliated with Royal Alliance. The firm is regulated by FINRA and the SEC.
What are brokers and dealers?
A broker is a person who executes the trade on behalf of others, whereas a dealer is a person who trades business on their own behalf. A dealer is a person who will buy and sell securities on their account. On the other hand, a broker is one who will buy and sell securities for their clients.
How many advisors does Advisor Group have?
With the collective strength of more than 11,000 experienced financial professionals who are helping hard-working Americans secure their futures and realize their dreams, the broker-dealers of Advisor Group enjoy the strength and power of sophisticated centralized systems and significant resources.
Who does Royal Alliance clear through?
We provide your financial professional with clearing services through either Pershing, or National Financial Services (NFS). A clearing firm works with various financial exchanges to handle confirmation, delivery and settlement of your financial transactions.
Who regulates brokers?
The Financial Industry Regulatory Authority (FINRA) handles the licensing and regulation of broker-dealers.
Who is the largest independent broker dealer?
The largest independent broker-dealers in the United States in 2020, by gross revenue, was LPL Financial. The firm had around 5.87 billion U.S. dollars of gross revenue, and was followed by Ameriprise Financial, with gross revenues of around 5.04 billion U.S. dollars.
What do you need to know about royal alliance?
Royal Alliance offers a wide range of financial services to its advisors, who in turn offer these services to their clients. These include: For the most part, Royal Alliance aims to foster sustainable and long-term growth for all of its accounts that its independent financial advisors manage.
How many clients does Royal Alliance Advisors have?
Royal Alliance Associates, registered in 1997, serves 53 state (s) with a licensed staff of 1,880 advisors. Royal Alliance Associates manages $20.7 billion and provides investment advisory services for 65,166 clients (1:35 advisor/client ratio).
Are there any conflicts of interest with royal alliance associates?
Currently Royal Alliance Associates is also a Broker-Dealer or is affiliated with one. When firms are dual-registered as broker-dealers, they may be subject to compensation-related conflicts of interest, including revenue sharing from mutual funds, cross-selling of commissioned insurance products, and the sale of proprietary investment products.