ROYAL ALLIANCE ASSOCIATES
Royal Alliance Associates has its headquarters at One World Finance Center, in New York City.
AIG Advisor Group owns FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial, and Woodbury Financial Services.
Royal Alliance Associates was founded in 1989 and has more than 750 offices. Royal Alliance, with more than 1,800 stockbrokers, generates more than $450,000,000 in annual revenues. With account assets of about $60,000,000 the firm handles many people’s investment and retirement assets.
Recently, Royal Alliance Associates acquired First Midwest Securities, a smaller firm with thirty-three advisors. The president of Royal Alliance Associates, Dmitry Goldin, is reported to have said that it is a perfect time for acquisitions because smaller firms can’t keep up with technology costs, and increasing legal and compliance costs.
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