The newly merged firm operates under the name Independent Wealth Advisors and uses the hybrid model, in which advisers are overseen by a state regulator or by the Securities and Exchange Commission as registered investment advisers, and by FINRA as licensed brokers.
According to David Harrison Miller, founder of Independent Wealth, the firm is the country’s youngest to use the hybrid strategy. “We are excited to launch this new partnership as our firm continues to increase exposure in the Southeast and across the nation,” Miller said.
Independent Wealth Advisors was founded in 2003, but Miller points out that part of its strength stems from combining Generation X and Y technology and investment analysis with Baby Boomers’ life experience.
Independent Wealth has its corporate headquarters in Atlanta’s Buckhead financial district.