Creates a Regional Financial Powerhouse in Tri-state Area
NEW YORK, N.Y., August 25, 2016 — National Financial Network, a Manhattan-based financial services firm, has expanded its footprint by merging with Aegis Wealth Partners, a Connecticut-based financial services firm.
The new alliance creates a strong regional presence with five offices serving the Tri-state area. *The merged company, operating under the existing names, now serves more than 25,000 clients with over $10 billion in life insurance benefits in force, and over $1 billion in client policy and account values administered.
“This alliance enables National Financial Network and Aegis Wealth Partners to become the advisor firm of choice in the Tri-state area,” said Anthony T. Mazzei, Sr., president and CEO at National Financial Network. “There is flux and uncertainty in the industry, but we are growing from a position of strength by building a leading regional firm that supports mission-driven advisors. Our partnership opens the door to incredible career opportunities. We welcome career financial professionals to explore our unique approach to financial planning and education, and the opportunity to make a positive impact on the communities we serve.”
New opportunity for advisors
“This merger is a tremendous opportunity for both Aegis and National Financial Network,” said Brett Amendola, President of Aegis. “Our close proximity and the opportunity to leverage national leaders in financial services drew our two firms together. Expanding our presence from the Rhode Island and Connecticut area to New York City, New Jersey and Long Island, allows us to engage with people we would have never met and help them achieve their financial goals.”
The merger of National Financial Network (offices in Downtown Manhattan, Midtown, and Garden City) and Aegis Wealth Partners (offices in Madison and Milford, Connecticut) enables the joint firm to increase its pool of talent and expertise to better serve clients, according to both executives.
Mazzei continued: “This union brings together two firms with shared values, and allows us to leverage the judgment and skill of over 75 highly experienced advisors to better serve our clients and the community. Together, we can offer our clients knowledge in virtually every aspect of life and disability insurance, estate and retirement planning, and wealth management.”
Amendola added, “Our clients and the future leaders of our firm will benefit from the additional resources, leadership, and support provided by National Financial Network. They have helped individuals, families, and businesses for over 60 years. We share the same mission. To help clients and advisors develop, implement, and monitor financial strategies designed specifically to achieve financial success.”
*Represents in force cash values for life, disability, and long term care insurance premiums in force, and market values of all securities accounts EXCEPT non-proprietary RIA accounts as of December 31, 2015.
About National Financial Network
National Financial Network is an independent financial services firm headquartered in the New York metropolitan area. First founded in 1951 with the goal of providing unbiased and quality investment advice and wealth management solutions, the Company has evolved over the past half century from a small New York firm to an expansive network of financial professionals across the country. National Financial Network strives to be recognized as a leading firm for growing and developing successful advisors to make a measurable impact on the communities they serve and beyond. For more information, visit National Financial Network’s website: http://www.natfin.net/ and Facebook page: https://www.facebook.com/natfinancialnetwork/.
National Financial Network is an agency of The Guardian Life Insurance Company of America® (Guardian), one of the largest mutual life insurers and a leading provider of protection products and employee benefits. Securities products and advisory services offered though Park Avenue Securities LLC, an indirect, wholly-owned subsidiary of Guardian and member of FINRA and SIPC.
About Aegis Wealth Partners
For more information, visit Aegis Wealth Partners’ website: http://www.aegiswealthpartners.com/ and Facebook page: https://www.facebook.com/pages/Aegis-Wealth-Partners/772345846146468.
Aegis Wealth Partners is an agency of The Guardian Life Insurance Company of America® (Guardian), one of the largest mutual life insurers and a leading provider of protection products and employee benefits. Securities products and advisory services offered though Park Avenue Securities LLC, an indirect, wholly-owned subsidiary of Guardian and member of FINRA and SIPC.