Capital Holdings Purchases Legend Group Holdings
Group, a network of independent broker-dealer firms, has announced the sale
of Legend Group Holdings to Lincoln Investment Capital Holdings.
Financial terms were not disclosed.
The Legend Group includes an independent broker-dealer and
registered investment adviser (RIA) focused on supporting the delivery of
professional guidance by financial advisers to 403(b) retirement savings plans.
It is owned by Cetera affiliate First
"We're very excited to complete this transaction, which
reinforces Lincoln Investment's leadership position in the market for
retirement plan advice,” says Ed Forst, president and CEO of Lincoln Investment.
“We welcome The Legend Group's financial advisers to the Lincoln Investment
community, and we look forward to supporting them in growing their businesses
by effectively providing the professional advice their mass affluent and high
net worth clients need."
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