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Transamerica Completes Merger With InterSecurities
Thomas Coyle
10 September 2009
Los Angeles-based Transamerica Financial Advisors has completed the absorption of its former affiliate InterSecurities. The result is a new-look TFA with headquarters in InterSecurities' old base of St. Petersburg, Florida., that supports more than 1,700 independent brokers.
"We are committed to the independent broker-dealer distribution channel, and by leveraging a combined back-office and the very best attributes of both entities, the consolidated TFA is an even stronger and more competitive financial services firm," says TFA president Seth Miller.
TFA, a subsidiary of the Dutch insurance giant
AEGON, is one of the 10 biggest independent broker-dealer firms in the US.