NEW YORK--(BUSINESS WIRE)--Royal Alliance Associates is pleased to announce the affiliation of Savage & Associates, a prominent financial services firm with AUM of $1.4 billion, 50 financial advisors, and approximately $8 million in revenue. Savage & Associates cited Royal’s cutting-edge technology, personalized service and open architecture platform as key reasons for the move.
“We are honored to have a firm as respected in the industry as Savage & Associates join Royal Alliance,” said Arthur Tambaro, President and CEO of Royal Alliance. “Their commitment to success and quality client support exemplify the high standards we look for in an affiliating firm.”
“We were looking for a partner that not only had the resources and technology to support our business, but also had a true open-architecture philosophy that would allow us to run our firm and take care of our clients as we feel best,” said J.R. Toland, President & CEO of Savage & Associates. “We decided early on that Royal Alliance was the perfect fit for us.”
Savage & Associates was founded in 1957 by the late John F. Savage in Toledo, Ohio. The firm was built on John’s belief that “business goes where it’s invited and remains where it’s appreciated.” A major presence in Ohio, with offices across the state, the firm also has an affiliate, e3Financial, located in Newport Beach, California. Savage & Associates is consistently recognized as one of the elite financial services firms in the nation and has a well-deserved reputation for educating their clients while serving their complete financial planning needs, from investments to insurance to estate planning. Savage & Associates also serves the needs of businesses with expertise in group benefits and insurance, custom employee benefits packages, and retirement products and services.
“We were a full-service financial planning firm long before that approach become popular,” said Russell Karban, Vice President, Savage & Associates. He added that “in addition to taking good care of our clients, we also look for ways to give back to the community.” Through the Savage Foundation and other charitable endeavors, the firm has raised more than $1 million for local charities over the past 10 years.
The recruitment of Savage & Associates is the latest in a string of successes in Royal Alliance’s recruitment efforts this year. “We have strong momentum in a still challenging recruiting environment,” said Kevin Beard, Senior Vice President, Recruiting, with Royal Alliance. “Savage & Associates is the largest single group we have brought on in 2013, but we have been affiliating quality advisors and OSJs all year, and we have a strong pipeline of recruits looking to join us in the second half.”
Royal Alliance is consistently recognized as one of the premier independent broker-dealers in the country. Our reputation is the result of our open-architecture model and commitment to leading edge technology and superior service. Royal Alliance’s trademark is a culture defined by having personal relationships with our advisors that are based on mutual trust, loyalty and integrity. With $43.8 billion in total account assets and early 2,000 affiliated independent financial advisors, Royal Alliance is the preferred destination among leading financial advisors. Royal Alliance is a registered broker-dealer and an SEC-registered investment advisor. For more information, visit http://www.RoyalAlliance.com.
Savage & Associates, Inc. has 50 independent producers and over 55 staff employees serving individuals, professionals, and business owners by helping minimize financial risk and maximize opportunities. The firm was founded in 1957, by the late John F. Savage. Today, Savage & Associates serves thousands of clients with products and services include Personal Financial Management, Risk Management/Insurance, Estate Conservation Strategies, Retirement Strategies, Investment Strategies, Business Insurance and Succession Strategies and Employee/Executive Benefits. For more information log on to www.savagefinancial.com.
