Broker Check

Women take the lead at Advisor Group

From InvestmentNews:

One giant network of independent broker-dealers, Advisor Group Inc., has quietly assembled a leadership team with six of the 14 senior executive positions filled by women. Another woman, Desiree Sii, is CEO and president of one of its broker-dealers, SagePoint Financial Inc.

That’s an uncommonly large number of women atop a network of six broker-dealers that have close to 11,000 financial advisers and registered reps. A scan of the websites of a handful of Advisor Group’s competitors shows a smattering of women in senior roles but their presence does not nearly match Advisor Group’s hiring of women to run the show.

The senior women at Advisor Group have been promoted internally, as well as hired from other large organizations.