Berkeley Capital Partners joins Triad Advisors’ broker-dealer and hybrid RIA platform
Berkeley Capital Partners has transitioned to the Triad Advisors broker-dealer and hybrid RIA multi-custodial platform. Berkeley brings client assets of more than USD350 million, as of 30 September, 2015.
Berkeley offers comprehensive financial planning and investment management to individuals, businesses and institutions. Triad Advisors is a leading independent broker-dealer supporting independent hybrid financial advisory practices and registered investment advisory (RIA) firms, and is a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS).
Based in Norcross, GA, Berkeley is an independent hybrid financial advisory firm with its own multi-custodial RIA. Berkeley provides comprehensive financial planning and a broad range of fee- and commission-based investment solutions, including active in-house tactical investment management and fixed-income expertise, to private individuals – most of whom are professionals, entrepreneurs and business owners – and to their businesses and qualified retirement plans.
The firm services clients throughout Georgia and across the United States. It has grown organically, relying almost exclusively on personal referrals for attracting new clients, and through the addition of new advisors. Berkeley places an emphasis on client education to ensure that its clients understand and actively participate in the customised financial planning process. Founded by 30-year industry veteran Michael Eddy, Berkeley today has six financial advisors, three with 30 years or more of advisor experience, and a professional operations manager.
Nathan Stibbs (pictured), Executive Vice President, Business Development at Triad Advisors, says: "We are very pleased to welcome Berkeley Capital Partners into the Triad Advisors family. Berkeley has established a substantial independent practice and we now look forward to helping the firm fulfil its vision for growth and expansion, and to enable it to achieve greater entrepreneurial control over its operations, its investment solutions and its professional destiny.”
Tony Palazzo, CFA, a Partner at Berkeley Capital Partners and President of the firm’s RIA, says: “We are excited to affiliate with Triad, whose flexibility provides an exceptional fit for a firm like ours. We were especially impressed with Triad’s experience and expertise in supporting hybrid advisory firms, and with the depth of the resources and operational infrastructure it can provide. Triad has achieved an outstanding reputation among hybrid independent firms throughout the South, and is known for its professionalism and high quality service. We interviewed a variety of broker-dealers and Triad stood out impressively from among all the others.”