MORRISTOWN, N.J., Nov. 18, 2020/ PRNewswire/– Private Advisor Group (” PAG,” “the company”), a Registered Financial Investment Consultant (RIA) and among the biggest and fastest growing independent wealth management companies in the nation, * announced the consultation of market visionary Robert “RJ” Moore as its new Chief Executive Officer, reliable today. PAG co-founders and lead shareholders John Hyland and Pat Sullivan will continue as key members of the company’s senior executive leadership group. PAG presently has more than $21 billion in AUM and over 650 financial advisors.

Mr. Moore’s comprehensive management experience in the monetary advisory occupation includes acting as CEO of Cetera Financial Group from 2016 to 2019. Prior to that, he acted as President of LPL Financial from 2012 to 2015, and as that company’s Chief Financial Officer from 2008 to 2012. Before joining LPL, Mr. Moore served as CEO of ABN AMRO The United States And Canada and La Salle Bank Corporation.

Private Advisor Group has experienced substantial growth in the independent monetary advisory area, growing to over 650 consultants in 38 states across the U.S., earning its track record as one of the fastest-growing wealth management companies in the country in 2019. * It has actually recently added well-known talent across its currently deep executive bench, and the visit of Mr. Moore as CEO signals the start of a brand-new stage of a lot more substantial development for the company.

In a joint declaration, John Hyland and Pat Sullivan said, “Bringing RJ Moore aboard as our brand-new CEO perfectly lines up with our strategic and cultural goal of driving transformational development for our consultants. Our approach has actually earned PAG the trust of the financial advisor neighborhood, and adding RJ sends a powerful signal that we plan to continue to grow our service properly. We have actually admired and shared RJ’s focus on serving advisors and their clients considering that we learnt more about him as President of LPL. We will continue to be carefully engaged with RJ and the rest of PAG’s management group moving forward in order to keep the company’s effective culture and focus.”

Mr. Moore’s initial priority will be to build on PAG’s array of strategic relationships with LPL Financial, Fidelity, Schwab and Pershing. He will likewise continue to leverage PAG’s best-in class, patent-pending compliance software application and innovation platform to speed up the company’s development trajectory as a destination of option for top-performing consultants across the nation.

RJ Moore said, “Signing up with Personal Consultant Group puts me in direct contact once again with the part of the monetary advice profession that I’m most energized by – being able to directly support, counsel and serve monetary consultants. As our occupation becomes significantly complex, PAG is uniquely positioned to accelerate its growth trajectory by leveraging its leadership position, know-how and platforms to produce a lot more compelling worth proposal for successful monetary specialists. This statement is all about improvement and trajectory that creates a bridge to the future and continues to build on PAG’s position as a relied on partner and location of choice for growth-oriented financial advisors.”

Stressing his commitment to PAG’s long-lasting success and his belief in its strong growth potential customers, Mr. Moore will likewise get a substantial equity stake in the company. Financial regards to the anticipated financial investment were not divulged.

About Personal Consultant Group

Personal Advisor Group is among the fastest-growing RIA companies in the country. Since June 30, 2020, the firm handles over $21 billion in possessions under management (AUM) and presently supports over 650 consultants in 38 states throughout the U.S.

Established by consultants John Hyland and Pat Sullivan, PAG provides industry-leading tools and innovation to independent advisors, investors, and growing RIA firms that are concentrated on fiduciary adherence, compliance, and a client-centric approach. To find out more, check out www.privateadvisorgroup.com.

* The WealthManagement.com 2019 Thrive Award was put together by measuring the portion of earnings growth over the previous three years. Average earnings growth of the leading 200 list was three times the industry average, as determined by McKinsey & Company’s PriceMetrix.

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