The hybrid RIA practice with more 500 million dollars in assets has offices a New Jersey, Massachusetts i Arizonaand is made up of nine financial professionals.
BIRMINGHAM, Ala., August 18, 2022 /PRNewswire/ — Concourse Financial Group (“Concourse”), a division of Protective Life Corporation (“Protective”), which supports more than 500 independent financial professionals nationwide, today announced the successful hiring of by Key Group Management, Inc. (“Key Group”), a hybrid RIA practice with more 500 million dollars in client assets and nine financial professionals. Key Group Management, Inc. is affiliated with Concourse Financial Group Securities, Concourse’s FINRA-registered broker-dealer.
The key group is led by Patrick MurrayCFP®, ChFC®, Co-Founder and President, and Colin Heafy, co-founder, president and director. The group, which has offices in New Jersey, Massachusetts i Arizonaspecializes in providing holistic planning services to high net worth clients in the areas of insurance, estate planning, financial planning and wealth management.
CEO of Concourse Doyle Williams said: “We are honored to welcome Pat, Colin and the rest of the Key Group team to Concourse Financial Group. Our integrated services platform is ideally suited to serve highly entrepreneurial and growth-focused businesses like Key Group, so we’re excited to partner with them to help further accelerate their growth and support their ability to serve their customers more efficiently and effectively than ever before.”
The announcement of this crucial addition to the Concourse community strengthens the company’s appeal in the market. Finance professionals are increasingly looking to companies that not only help them build scale, deliver high-quality technology and offer a diverse set of products, but also provide hands-on support and access to management.
Murray said: “We considered a number of companies after deciding to switch broker-dealers, and from the start the team at Concourse stood out, impressing us both with how quickly they understood our business needs and their vision strategic for Concourse. The company has the energy and excitement of a start-up, but the infrastructure, resources and processes of the established industry leader have quickly become.”
Heafy added: “As Key Group continues to grow and our clients’ needs expand, one of the things that was particularly important was finding a company that could offer greater scale and resources and still provide an experience of boutique-like personalized service. I’m sure Concourse will be able to deliver that balance.”
I like AndersonCIMA®, Chairman of Concourse Financial Group Securities, said: “As private equity increasingly takes short positions in companies across the industry, we are delighted that the stability of our ownership structure and leadership team allow our financial professionals to focus. to run their businesses without distraction. We are excited about what this relationship means for Key Group and, most importantly, how it will benefit its clients.”
About Concourse Financial Group
Concourse Financial Group, a division of Protective Life Corporation, provides financial professionals with the tools they need to raise, grow and protect client assets through its affiliated entities. Comprised of investment services, financial planning, insurance services and practice management services, Concourse Financial Group is the destination for growth-oriented financial professionals.
Protective has helped people achieve protection and security in their lives for 115 years. Through its subsidiaries, Protective offers life insurance, annuities and asset protection solutions and is helping more than 12 million people protect what matters most. Protective’s more than 3,700 employees put people first and deliver on the company’s promises to customers, partners, colleagues and communities, because we are all protectors. With a long-term focus, financial stability and commitment to doing the right thing, Protective Life Corporation, a wholly owned subsidiary of Daiichi Life Holdings, Inc. (TSE:8750), has grown to approx 132 billion dollars in assets, from December 31, 2021. Protective is based in Birmingham, Alabamaand supported by both a robust virtual workforce and core sites a Cincinnati i Saint Louis. To learn more about Protective, visit www.protective.com.
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SOURCE Concourse Financial Group