
SEIA Set to Launch In-House Broker-Dealer
Signature Estate & Investment Advisors (SEIA) announced its in-house broker-dealer, Signature Estate Securities (SES), will begin to operate on September 1. SES acquired a shell broker-dealer and has been preparing and customizing the BD to expand its offering for SEIA advisors.
Backed by private equity firm Reverence Capital, the $18 billion SEIA was previously affiliated with Osaic, formerly known as Advisor Group, through its subsidiary Royal Alliance, according to SEIA, and SEIA will continue to work with Osaic via its turnkey asset management program.
SES is majority-owned by SEIA president and CEO Brian Holmes, according to a filing with Finra.
“Having an in-house broker-dealer elevates our advisors’ capability to provide holistic services and offerings under one roof and brings us another step closer to being a full-service firm,” said Holmes.
Bringing a broker-dealer in-house will allow SEIA advisors to offer products, such as annuities, life insurance, 529 Plans, and mutual funds, without outsourcing other companies, according to the firm.

