La Vista, Neb.-based Securities America announced on Thursday the addition of a $1.7 billion firm formerly affiliated with National Planning Holdings.

The South Windsor, Conn.-based Professional Investors is joining Securities America before Jackson National sells it, along with other National Planning Holdings broker-dealers, to LPL.

Professional Investors is an office of supervisory jurisdiction with 70 financial advisors and has offices in Connecticut, Massachusetts and New York.

According to Bill Brice, managing partner of Professional Investors, the firm sought out a partner that was culturally aligned with its advisors and clients.

“The financial advisors in our group are fiercely independent,” said Brice in a release. “When we started the search for a new partner, we knew we needed a firm that respects our culture.”

Jackson National has cleared the transfer of all the accounts from NPH and its affiliated OSJs and representatives to LPL—transfers that will happen automatically starting later this month unless the NPH reps or account holders opt out.

Professional Investors becomes the third large firm to join Securities America from NPH in the last month. In October, Priority Financial Group joined with 25 advisors and $1.3 billion in advisory and brokerage assets. Then in early November, Elite Financial Network, an OSJ with 35 advisors and approximately $750 million in assets, made the same switch.

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