Three firms with a total of more than $700 million in assets under management have joined Securities America, the firm announced Thursday.
The three groups, which have different business models, are the Gandet Group, Vizionary Wealth Management and One-Point-Of-Care. The additions continue Securities America’s growth strategy, the firm said.
The Gandet Group is a "super OSJ" (office of supervisory jurisdiction) with total client assets of more than $220 million and 10 affiliated independent advisors located in the northeastern U.S. The group is led by Michael Gandet of Manahawkin, N.J., and focuses on retirement and retirement income distribution.
Vizionary Wealth Management specializes in serving professionals in the biotechnology, pharmaceuticals, medical devices and life sciences fields. Wayne Wagner Jr. serves as its president. The Wilmington, Del., firm has client assets of $177 million. It will become part of WealthPLAN Partners, a super OSJ based out of Omaha, Neb.
One-Point-Of-Care serves corporate and association sponsored retirement plans and retirement plan advisors. The firm has approximately $319 million in client assets. Based in Worthington, Ohio, the group is led by Aron Sommer.
Vizionary was previously with LPL Financial. Gandet was previously with National Planning Corporation, and One-Point-Of-Care was with Invest Financial Corporation, both subsidiaries of National Planning Holdings, which was purchased by LPL last year.