SCF Securities, Inc.
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SCF Securities, Inc. - overview
Established
1992
Location
Fresno, CA, US
Primary Industry
Financial Services
About
Based in California, US, established in 1992 and chaired by Randy Meadows as president, SCF Securities, Inc. provides financial and advisory services. SCF Securities is part of the three integrated entities of SCF’s group of companies including SCF Investment Advisors Inc. , and SCF Marketing Inc.
In 2021, Atria Wealth Solutions, Inc. , (Atria) a portfolio company of Lee Equity Partners, agreed to fully acquire SCF Securities, Inc. As of 2021, the company serves over 150 independent financial professionals. The company’s products include brokerage, advisory, hybrid and direct and insurance business models.
The firm’s portfolio of products includes a brokerage platform, open-architecture platform, SCF’s proprietary platform Blue Diamond Plus™ and platform-integrated BondTraderPro® that offers access to over 6600 mutual funds, 2500 NTFS and 16000 share-class alternatives, as well as access to conduct independent research, education planning, cash and banking services, trust services, retirement plans, alternative investments, wealth-management solutions and access to equities and options trading on all major exchanges. Additionally, the company offers direct and insurance services such as 30 state-sponsored 529 plans, life insurance, disability insurance, long term care solutions, over 100 direct mutual fund agreements and carrier product intelligence to support with legal and tax issues as well as personal consultants, licensing and contracting assistance and impaired risk placement for clients with high-risk factors. SCF Securities generates revenue by charging ticket charges at USD12. 75 for equities for brokerage and USD 7.
95 for equities for advisory and hybrid solutions, competitive payouts and a monthly fee that includes Error & Omissions coverage, bonding fees, Wealthscape® brokerage workstation, Kimberlite and SCF email. As of 2021, SCF Securities, Inc. through its acquisition by Atria Wealth Solutions, Inc and plans on providing advisors the support, additional resources, and enhanced technology.
Current Investors
Atria Wealth Solutions, Inc.
Primary Industry
Financial Services
Sub Industries
Consulting Services, Brokerages, Insurance
Website
www.scfsecurities.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SCF Securities, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SCF Securities, Inc. | - |
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