Advisor Group introduced that an advisor staff has joined its community from Ohio Nationwide Fairness Gross sales Co., the place it had greater than $340 million in consumer belongings.
The staff operates as Encore Monetary Group and is affiliated with Advisor Group by way of one in all its largest practices, Savage and Associates, whose 68 monetary professionals oversee about $2.8 billion in consumer belongings, Advisor Group mentioned. Encore is predicated in Cheboygan, Michigan, and it has places of work in Florida, Michigan, Pennsylvania and Tennessee, in line with Advisor Group.
Encore supplies wealth administration and personal-protection providers to people, households and enterprise homeowners, in line with Advisor Group. The non-public-protection providers embody life, well being, incapacity and long-term care insurance coverage, the agency mentioned.
“We’re enthusiastic about what the long run holds and the influence we will have on our neighborhood with the help, expertise and experience of each Savage and Advisor Group,” Dennis Hesselink, Encore’s president and CEO, mentioned in an announcement accompanying the transfer.
“We didn’t take the choice to vary corporations flippantly. After an in-depth due diligence course of, it turned obvious to us that Savage, backed by the size and sources of Advisor Group, was the fitting place for the agency, our advisors and purchasers for years to come back,” he added.
Dennis Hesselink, a 24-year business veteran, was joined within the transfer by fellow advisors Darwin Hesselink, Daryl Hesselink, Brandon Hesselink, Thomas Switalski, Denise Croake, John Westenbarger, Douglas Harbold, Jay Nissley, Richard Galka, Bruce Falcon, Jerome Kusey and Roger Hughey, in line with an Advisor Group spokesperson.
Dennis Hesselink, Darwin Hesselink, Nissley, Galka, Kusey and Hughey entered the business in 1998; Switalski entered the business in 1999; Daryl Hesselink entered the business in 2001; and all of them started their careers at Capital Brokerage Corp., in line with their BrokerCheck data. They’ve additionally been registered with Securian Monetary Companies and Ohio Nationwide.
Harbold, Brandon Hesselink, Westenbarger and Croake started their careers in 2007, 2008, 2010 and 2011, respectively, and registered with Ohio Nationwide, in line with their BrokerCheck data.
Falcon has been within the business since 1993, when he registered with Mariner Monetary Companies, and had been registered with a number of different corporations earlier than becoming a member of Ohio Nationwide in 2012, in line with his BrokerCheck report.