Triad Advisors Welcomes GCG Financial To Platform

ATLANTA, Nov. 7, 2017 /PRNewswire/ -- Triad Advisors, Inc. ("Triad" or "the Firm"), the leading independent advisory and brokerage firm supporting independent hybrid financial advisors and hybrid registered investment advisory (RIA) firms, today announced the successful transition of GCG Financial LLC ("GCG Financial") to its brokerage and hybrid RIA custodial platforms. GCG Financial is an independent financial advisory firm with in excess of $1.5 billion in total advisory and brokerage client assets. Triad Advisors is a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS; LTS PrA).

Nathan Stibbs, Executive Vice President and Chief Strategy Officer at Triad Advisors, said, "We're thrilled to welcome GCG Financial to Triad Advisors, and we're committed to actively supporting the firm's expansion goals for their wealth management business. We look forward to aligning the resources, tools and expertise necessary to enable GCG and its professionals to build upon their four decades of exceptional client service and success, and significantly accelerate their growth strategy."

Founded in 1975 and based in Deerfield, Illinois, GCG's financial advisory operations have grown from the company's original insurance business to providing holistic financial planning and comprehensive fee and brokerage-based wealth management services to mass affluent, high-net-worth and closely held business clients. GCG has a nationwide client base, with a geographic focus in Illinois and Colorado. GCG also serves clients in the employee benefits and property/casualty insurance markets. Recently, GCG became a founding member firm of Alera Group, a national wealth management, employee benefits and risk management firm. Triad will support GCG's growth plans in this area by enabling GCG to provide wealth management services to the other member firms of Alera Group.

Rick Levitz, Managing Partner and President of Wealth Management at GCG Financial, said, "The affiliation with Triad is a major component to expanding our wealth management services to Alera Group. We are thrilled with the flexibility of the hybrid RIA platform that Triad can offer and believe this will help us create a strategic advantage in retaining and attracting financial advisors to our firm. The Triad business model will enable our financial advisors to have an independent delivery system powered by tremendous technology. Ultimately, this model will allow our financial advisors to provide greater service and unbiased advice to our clients, the true beneficiary of this platform. We are excited about taking the next steps toward realizing our future growth plans and we view Triad as a key strategic partner in this journey."

Mr. Stibbs concluded, "GCG Financial's decision to affiliate with Triad demonstrates the momentum we have developed in serving both large and mid-sized hybrid advisory firms. As hybrid firms across the spectrum of advisory business models seek to accelerate their growth while maximizing their operating flexibility, we expect to continue to experience considerable advisor recruiting and retention success going forward."

About Triad Advisors
Headquartered in Atlanta, GA, Triad Advisors, Inc. is a national, independent advisory and brokerage firm as well as a multi-custodial SEC-Registered Investment Advisor (RIA) that is an early pioneer and continued leader in the Hybrid RIA marketplace. The company provides a comprehensive platform of products, trading and technology systems, as well as customized wealth management solutions. Recognized as one of the most successful and fastest-growing independent firms in the industry (including being named the leading firm for Hybrid RIAs eight years in a row by Investment Advisor magazine), Triad Advisors is a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS; LTS PrA). For more information, please visit www.triad-advisors.com.

About GCG Financial, LLC
Headquartered in Deerfield, IL, GCG Financial, LLC, an Alera Group Company, was started in 1975. Today the firm is a full service employee benefits, risk management and wealth management firm. Its mission is to enhance the financial security of the businesses and families it serves. GCG Financial provides the expertise, resources and innovative solutions necessary to deliver an exceptional client experience. For more information, visit www.gcgfinancial.com or follow GCG Financial on social media: @GCGFinancial.

Media Contacts:
Chris Clemens / Michael Dugan
Haven Tower Group
424 652 6520 ext. 102 or ext. 106
cclemens@haventower.com or mdugan@haventower.com

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SOURCE Triad Advisors, Inc.