San Diego, CA – Independent broker-dealer, Independent Financial Group, LLC (IFG) has announced today that Scarborough Capital Management (SCM) has joined IFG as of January 2, 2018. Formerly with SII Investments, Inc., the SCM team is comprised of 10 producing advisors and 8 office support staff led by Managing Partners, Greg Ostrowski, Ian Arrowsmith, Jay Sprinkel, Ryan Ansted and Shawn Walker. SCM oversees over $875 million in client assets and their current combined production totals over $6.5 million in fees and commissions.
“We did a pretty exhaustive search of broker-dealers. IFG’s nimbleness and size compared to the big-box store model was attractive to us.” comments Mr. Ostrowski. He continues, “We were looking for the family-focused culture that we had with SII for the last decade, that’s the partnership we want to set up for the future and we’ve found that in IFG.” He further explains, “We’re able to communicate directly with the principals of the firm and from our initial conversations, through the due diligence process to now – everyone has done exactly what they said they would do and we’ve experienced a welcoming family culture. He concludes, “Everyone is seasoned, it’s been very evident. The whole IFG team has been great to deal with.”
“We’re honored to have the Scarborough team join the IFG family,” comments David Fischer, Managing Director and Chief Marketing Officer. He continues, “SCM selected IFG as their broker-dealer because both our personal values and business philosophies align.” He explains, “Our unique value proposition continues to pique the interest of larger offices like SCM because consolidation is plaguing our industry, undermining both independence and advisor happiness. We understand this and that’s why we continue to bring advisors like these onboard.” He concludes, “IFG will never compromise on service for size.”
About Scarborough Capital Management
For over two decades, Scarborough Capital Management (SCM) has provided comprehensive wealth management services to busy individuals and families who don’t have the time to develop and manage a portfolio. What sets the company apart is its inherent interest in helping everyone from mid-level employees to top-tier executives prepare for retirement. Scarborough’s services include a comprehensive array of financial planning support for people in all stages of life, including 401(k), 403(b) and TSP Management, Wealth Management, Personal Pension Analysis, Social Security Analysis and Financial Planning. SCM currently maintains over $875 million in assets under management and has consistently ranked among SII’s top offices in recent years. For more information about Scarborough Capital Management, visit scmadvice.com.
About Independent Financial Group, America’s Finest Broker-Dealer®
Independent Financial Group (IFG) serves the needs of independent financial advisors nationwide. Renowned for their first-class customer service, the company specializes in individual wealth management and institutional retirement plan solutions for their financial advisors. IFG’s corporate office now supports more than 640 independent registered representatives in over 370 offices across 41 states, including Puerto Rico and Israel. IFG has been named locally by the San Diego Business Journal as one of San Diego’s Fastest-Growing Private Companies for the 10th consecutive year and won acclaim in 2006 with their #1 rank on the list. The company has also achieved Inc. Magazine’s Honor Roll status for multiple consecutive mentions on their annual Inc.500|5000 list. Their notable success has been recognized in numerous financial services industry publications. In 2017, IFG scored the #1 ranking in Wealth Management Magazine’s Independent Broker-Dealer Report Card for Overall Broker-Dealer Satisfaction; as rated nationwide by their affiliated financial advisors in multiple categories. Additionally, the firm was awarded 2nd place Broker-Dealer of the Year by Investment Advisor Magazine in 2016 and 2017. For more information on the firm, visit www.ifgsd.com.