trending Market Intelligence /marketintelligence/en/news-insights/trending/k1_kMGUtHkW5GBd5K5hVCA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

AIG completes sale of adviser network

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


AIG completes sale of adviser network

American InternationalGroup Inc. has completed the sale of its adviser business to funds affiliatedwith private equity firm LightyearCapital LLC and PublicSector Pension Investment Board.

The dealwas announced Jan. 26 as part of the insurance giant's plan to shed assets and becomeleaner.

AIG Adviser Group has more than 5,200 independent advisers and800 full-time employees. The business includes the brokers FSC Securities Corp., Royal Alliance Associates Inc., SagePoint Financial Inc. and Woodbury Financial Services Inc.