AIG Advisor Group, one of the largest independent broker-dealers networks in the United States, today announced that Jeffery M. Auld has been named President and CEO of AIG Financial Advisors, Inc. and American General Securities Incorporated (AGSI), effective June 30, 2008. Auld succeeds James R. Cannon, who is leaving the company to pursue other interests. Auld will report to R. Lawrence Roth, President and CEO, AIG Advisor Group.

Auld joins AIG Advisor Group from Berthel Fisher & Co. Financial Services, Inc. where he served as President and was responsible for recruiting and involved in marketing and advertising, technology and operational improvements. Previously, he served as President and CEO of Next Financial Group where is led the firm from a start-up broker-dealer to one of the nation's 40 largest in five years and earned Investment Advisor magazine's Broker-Dealer of the Year Award for six consecutive years.

For more information about AIGFA and AGSI's President and CEO click here.

AIG Financial Advisors has honored Ray Day, a financial advisor from Torrance, CA with its Lifetime Achievement Award. Day has been affiliated with the broker-dealer since the 1990s. The firm made the lifetime achievement announcement during its annual National Education Conference, held in early June in Las Vegas, NV.

The Lifetime Achievement Award is the highest honor bestowed by AIG Financial Advisors. The award recognizes professional contributions and personal commitment to the community.

Click here for more information about the Ray's life in financial services and AIGFA's lifetime achievement award.

Nearly 2,000 advisors, admins, and sponsors recently attended the AIG Financial Advisors 2008 National Education Conference at the MGM Grand Hotel & Casino in Las Vegas, Nevada.

This annual education conference is attended by the premier financial consultants in the industry and promotes professional development and continuing education. Keynote speakers included noted economist Todd Buchholz and photographer Dewitt Jones.

Investment News recently ranked The AIG Advisor Advisor Group the No. 2 broker-dealer in terms of top independent broker-dealers ranked by gross revenue and registered reps producing more than $100,000.

The three AIG Advisor Group broker-dealers, AIG Financial Advisors; Royal Alliance and FSC combined for 1.3 billion in 2007 and more than 3,000 of its reps produced more than $100,000.

Click here for more information about the revenue and rep rankings.

AIG Financial Advisors is proud to honor Don Clark and Bob O’Neal for each being awarded spots on the 2008 list of Top Ten Branch Managers by On Wall Street magazine.

• Their commitment to excellence in creating an effective and competitive branch-wide marketing strategy
• Their ability to identify, recruit, develop, retain and reward talented advisors
• Their dedication to the goal of providing superior client service

The winners were recognized at an exclusive awards dinner in New York City on March 18, 2008 honoring their achievements and leadership during the past year.

Read the announcement in On Wall Street

AIG Financial Advisors has developed an online tool for financial advisors to use to compare the attributes of different broker-dealers. The Broker-Dealer Checklist lists out several important factors advisors or rep should consider when contemplating a switch to a new firm. The checklist also shows how AIG Financial Advisors stacks up and allows a user to select whether up to two alternate firms are a match. This checklist is available to all advisors considering a new broker-dealer. Note that it is provided for illustration purposes only; advisors and reps should conduct full due dillegence in their search for a broker-dealer. For complete information or to receive answers to specific questions about AIG Financial Advisors, contact us online or call 866-462-4432.

The 2008 line-up for AIGFA Coaching Programs is extensive and offers something for almost every advisor, at nearly every stage of business. Participants in the coaching programs have increased assets under management by more than $283 million. The program materials highlight the significant increases in productivity and bottom line profitability experienced by advisors who have completed one of AIGFA programs, Collaborative Coach, Exclusive Coaching, Branch Builder© Institute and Power Coach.

Press Release from AIG Financial Advisors PDF, 31kb

The AIG Advisor Group's recent announcement of a planned reorganization across the broker-dealer network has been met with excitement and anticipation by advisors across the industry. According to AIG Advisor Group CEO Larry Roth, "We always worked separately. Now, we’re reorganizing the businesses to maximize what we can do for the advisers." The realignment and sharing of resources between the AIG Advisor Group broker-dealers is expected to bring higher service levels to affiliated advisors, as well as enable the firms to more rapidly roll out enhancements to technology platforms and advisor-focused tools.

Read Bruce Kelly's article in Investment News

American General Securities Incorporated will be integrated into AIG Financial Advisors over the next year. This action will enhance AGSI’s growth and help accelerate the delivery of value-added services to its more than 1,100 independent financial advisors. The integration also provides the strategic framework to enable all AIG Advisor Group broker-dealers to deliver more services, more quickly to all affiliated advisors.

Press Release from AIG Financial Advisors PDF, 25kb

AIG Financial Advisors congratulates affiliated advisor Robert Graham of Scottsdale, Ariz. based RG Capital for being named Boomer Market Advisor magazine's Advisor of the Year. Learn all about how Robert built his successful practice and his business philosophy in the May issue of Boomer Market Advisor.

Read about Robert Graham on Boomer Market Advisor's website