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Triad entices $275M team from Spire Securities

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A team of three advisors managing $275 million is leaving Spire Securities for Triad Advisors in a win for the independent-broker dealer owned by Ladenburg Thalmann.

Triad’s new hires operate as Argent Bridge Advisors in Vienna, Virginia, a suburb of Washington. Dianne Nolin and Cecile Hult spent more than a decade with Spire Securities, while advisor Eric Ashburn joined the team five years ago, according to FINRA BrokerCheck records. Nolin has past work experience at firms Cambridge Investment Research, Lockwood Financial Services, Smith Barney and Lehman Brothers. Hult and Ashburn started their careers at Spire.
Argent Bridge switched to Triad in part because Triad will make it easier planning for intergenerational wealth transfers, Nolin said in a statement.

The team says it has a particular focus on empowering women to better control their finances.

A spokesman for Spire Securities did not respond to a request for comment.

Before the announcement of the new team, in March and April, Triad had lost three teams managing $80 million, $100 million, and $180 million — all to the same firm, Arkadios Capital, whose founders left the independent broker-dealer in 2016. However, in January, Triad picked up nearly 50 advisors with $10 billion in assets under administration from LPL.

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