Triad Advisors is launching Triad Hybrid Solutions, a new platform to assist fee- and commission-based independent financial advisors with regulatory and compliance issues.
Michael C. Bryan, senior vice president of advisory services, will serve as CEO of Triad Hybrid Solutions.
The platform offers small to mid-sized independent advisors practice management, a range of investment options, and the ability to work with multiple custodians, while minimizing the associated state-level regulatory compliance complexities and costs, says Triad.
Custodians on the platform include Charles Schwab & Co., Fidelity Institutional Wealth Services and National Financial Services, with others anticipated to join later this year.
“Triad Hybrid Solutions meets a rapidly growing demand among an overlooked yet sizable segment of the independent advisor population,” said Bryan. “Advisors can leverage our extensive experience in the hybrid space, access industry-leading tools, and take comfort in knowing we manage the significant challenges of compliance and regulatory changes.”