InvestmentNews has ranked SCF Securities as the 10th fastest-growing independent broker-dealer of 2017. The industry-leading news source published the ranking in its annual broker-dealer survey last week. The annual ranking showcases the growth and decline of the 3,726 broker-dealers active in the financial services industry.
SCF announced today that it has surpassed $3 billion in assets under management (AUM), now totaling $3,115,825,933. Only 18 months have passed since the firm crossed the $2 billion threshold in July 2016.
Advisor seeks fee-based flexibility, breaks away from wirehouse environment
SCF Securities announced Tuesday its addition of P. Sier, a financial advisor formerly affiliated with Merrill Lynch Wealth Management.
Sier selected SCF as his broker-dealer and RIA because of the firm’s robust advisory platform, which offers extreme flexibility to fee-based and hybrid advisors. Its custodian-neutral environment gives advisors the freedom to work with any of the four major custodians