NEW YORK--(BUSINESS WIRE)--Advisor Group, one of the largest independent broker-dealer networks in the nation, today announced that Kevin Beard will serve as Executive Vice President, Recruiting and Acquisition Strategy. Beard most recently served as Senior Vice President of Recruiting for Royal Alliance and recruited over $60 million since he began working with the firm.
“I am very excited to partner with our broker-dealer presidents to recruit talented advisors and teams to our network,” said Beard. “Advisor Group is home to four unique broker-dealers, and I am confident that advisors seeking a financially strong, technologically advanced and committed partner will find a home at FSC, Royal Alliance, SagePoint Financial or Woodbury Financial. We have had a strong recruiting year to date and I am focused on attracting many more advisors to our firms.”
In his newly created position Beard will be responsible for leading, designing and developing the recruiting strategy for Advisor Group. He will also develop and promote programs to recruit new OSJ managers as well as new representatives for existing offices.
“Kevin brings tremendous recruiting and acquisition experience to his role,” said Erica McGinnis, President and CEO of Advisor Group. “His vast work in the financial services industry and intimate knowledge of Advisor Group make him perfectly suited for this important role. Attracting and retaining our industry’s best advisors, and identifying firms that would be a good fit for one of our broker-dealers, are absolutely critical to our success.”
Prior to joining Royal Alliance in 2009, Beard served as Regional Director at Rehmann Group, where he was responsible for recruiting and acquisition of wealth management firms. In 2007, Beard co-founded Innovative Advanced Resources, a company that assisted high net-worth advisors, registered investment advisors and asset managers with their distribution needs. From 2001-2007, he was Senior Field Vice President for Pacific Select Group. He attended Kent State University and holds Series 7, 24 and insurance licenses.
Advisor Group is one of the largest independent broker-dealer networks in the United States and consists of FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial and Woodbury Financial. These independent broker-dealers, with more than 6,000 independent financial advisors, are all wholly-owned subsidiaries of Advisor Group and Members FINRA/SIPC.