Parent of Sigma Financial rebrands as Axtella

Parent of Sigma Financial rebrands as Axtella
The company formerly known as SPS Family also owns Parkland Securities and RIA Sigma Planning.
OCT 04, 2023

SPS Family, the parent company of broker-dealers Sigma Financial Corp. and Parkland Securities, as well as RIA Sigma Planning Corp., announced this week that it’s rebranding as Axtella.

The company said the new name was inspired by the words stellar, nexus, and constellation, and that those words relate to its core values.

“We have a proven 40-year history of pioneering together with our financial professionals and supporting them through each phase of their business development,” Jerry Rydell, the firm's owner and CEO, said in a statement. “Moving forward as Axtella, we honor our roots while simultaneously setting a fresh benchmark.”

The wealth management industry has seen a number of firms adopt new names recently, including Advisor Group's shift to Osaic and CI Financial dubbing its U.S. unit Corient.

Ann Arbor, Michigan-based SPS has a network of more than 700 financial advisors.

New Dreyfus fund offers charitable twist on cash management

Latest News

The power of cultivating personal connections
The power of cultivating personal connections

Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.

A variety of succession options
A variety of succession options

Whichever path you go down, act now while you're still in control.

'I’ll never recommend bitcoin,' advisor insists
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound