Who is Osaic, Royal Alliance, and NFS

WHO IS OSAIC and ROYAL ALLIANCE 

 

Osaic is registered with the Securities and Exchange Commission (“SEC”) as both a securities broker-dealer and an investment adviser and is a member of the Financial Industry Regulatory Authority (“FINRA”).

 

Osaic is the name of the newly rebranded company formerly known as Advisor Group, one of the largest networks of independent wealth management firms in the United States, with more than 11,000 affiliated financial professionals. 

 

Royal Alliance Associates, Inc. (“Royal Alliance”) a name you were familiar with was owned by Advisor Group and is now part of Osaic.  In short, we work closely with Osaic, our broker-dealer, to be sure we are always acting in your best interest. 

 

Please refer to these valuable disclosures to learn more about Osaic and their role in our relationship.  

 

 

WHO IS NFS (NATIONAL FINANCIAL SERVICES) 

 

Depending on the type of accounts you have with us you may notice the name National Financial Services, LLC (NFS) appearing at the bottom of your statements.   NFS, is wholly- owned by Fidelity Global Brokerage Group, Inc.   They provide valuable brokerage services to Royal Alliance including clearing and custody, trading support, and tax reporting, just to name a few.    

 

From time to time you may receive correspondence from both companies pertaining to your accounts and your privacy.