Advisor Group, one of the largest networks of independent wealth management firms in the nation, continued its acquisition and recruitment splurge in 2022, adding $84.2 billion in client assets and more than 1,800 financial professionals.

The largest acquisition, New York-based American Portfolios Financial Services, was completed in November 2022 and added approximately $33 billion in assets to the network. In May 2022, the firm announced the acquisition of Infinex Financial Holdings and its more than 750 financial professionals who oversee about $30 billion in client assets.

In addition to the acquisitions, Advisor Group recruited advisors and practices, adding nearly $21 billion to the firm. The largest included Gallagher’s retirement practice with more than $6 billion in assets; The Private Wealth Management Group with more than $1 billion and Ironbridge Wealth Counsel with more than $800 million in assets.

“Our commitment to generating the right type of growth that delivers value to all of the advisors in our network is at the forefront of all we do, and we look forward to continuing to participate in shaping the evolving independent wealth management space,” said Jamie Price, president and CEO of Advisor Group.

Advisor Group serves approximately 10,000 financial professionals.