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GRP, SRP Bond in Strategic Partnership

Managing a Practice

Global Retirement Partners, LLC (GRP) and Strategic Retirement Partners (SRP) have announced a strategic partnership they say is designed to leverage their respective core competencies and “create industry-leading scale.” 

According to a press release, this transaction will add 17 SRP offices with $10B AUM to GRP, LPL’s largest retirement-plan-focused hybrid RIA, with nearly $40B in AUM. SRP will gain access to GRP’s products and services, compliance expertise and back office support, while GRP advisors will have the ability to leverage SRP’s Plan Advisor practice management platform and advisor-centric technology. 

SRP officially registered with GRP on April 1, 2019. Combined, the companies have nearly $50 billion in AUA and more than 4,200 plan clients.

Global Retirement Partners is an SEC Registered Investment Advisor with 236 advisors in 125 offices nationwide. With offices from coast to coast, Strategic Retirement Partners currently consults on more than 700 corporate and non‐profit plans and $10 billion in assets as of April 1, 2019.