Atria Wealth Solutions Inc. has completed its acquisition of NEXT Financial Group, according to a news release.

NEXT is the fourth broker-dealer Atria has acquired since its founding in 2017.

Over the past two years, Atria also acquired subsidiaries Cadaret, Grant & Co., Inc.; CUSO Financial Services, L.P.; and Sorrento Pacific Financial, LLC.

NEXT, an independent wealth management firm based in Houston, operated with more than 500 independent advisors that collectively manage nearly $13 billion in assets.

As a result of the deal, Atria will serve nearly 2,000 advisors with about $65 billion in assets under advisement (AUA) across its four broker-dealer subsidiaries.

Under terms of the agreement, Atria will also acquire NEXT sister companies Next Financial Insurance Services Company and 4WARD Financial Marketing Inc.

NEXT President Barry G. Knight will continue in his current role and will join Atria’s executive leadership team.

“We are thrilled ... to combine the strengths of both firms,” said Doug Ketterer, CEO and founding partner of Atria.

Barry Knight, president of NEXT, cited Atria’s technology solutions as a benefit to his company’s advisors.

Atria Wealth Solutions  is a multi-channel wealth management solutions holding company headquartered in New York.