Los Angeles-based Transamerica Financial Advisors Inc. has completed a merger with its affiliate, St. Petersburg, Fla.-based InterSecurities Inc., creating a full-service, independent broker-dealer.
The firm, which will retain the Transamerica name, is headquarters in St. Petersburg and has a West Coast office
in Los Angeles.
"We are committed to the independent broker-dealer distribution channel, and by leveraging a combined back office and the very best attributes of both entities, the consolidated TFA is an even stronger and more competitive financial services firm," said President Seth Miller.
The firm has more than 1,700 registered representatives and $16 billion in client accounts.