Dealmakers Praise John Hancock’s Sale of Signator To Advisor Group

From WealthManagement.com:

Industry observers praised John Hancock’s sale of Signator, its dually registered broker/dealer and registered investment advisor, to Advisor Group, calling it an agreement that was both “timely and fortunate” for the parties involved.

Advisor Group, a network of independent financial advisory firms that have an aggregate of about 5,000 advisors overseeing $190 billion in client assets, announced June 21 it had agreed to buy Signator from the insurance company.

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