Dealer groups TNP and Ginger Group have annouced that they have formed “a strategic alliance.”
TNP managing director Jeff Page says the two groups have mission statements and value propositions which are already very similar.
“Both groups have developed many tools, systems and processes that enable the growth of advisers’ businesses. Under the terms of the strategic alliance, each group’s advisers will be able to take advantage of these now combined benefits.”
Page says the two groups are still “working through more details” of the merger.
The combined will have:
The strategic alliance will strengthen each adviser group and give us scale, which in turn will allow us to further invest in the tools required by our adviser base to grow their businesses. It will also help increase our collective exposure, which will attract new advisers to us and the industry.
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