Atria Wealth Solutions announced it will add to its broker-dealer reach by acquiring Western International Securities Inc, an independent broker-dealer based in Pasadena, California, that serves over 400 independent financial advisors and has $13 billion in assets under administration. Upon the close of the sale, Atria will represent almost 2,500 advisors with close to $80 billion under administration.

“The amount of change impacting our industry today is unprecedented and driven externally by the end client and internally by the financial advisors,” said Doug Ketterer, CEO and Atria founding partner, in a statement. “It is clear that each constituent wants optionality. We are seeing a greater number of advisors who want independence, but at the same time, they don’t want to spend time on the array of decisions that come with choice like finding an office, selecting technology and hiring support staff.”

WIS adds to Atria’s growing array of IBD subsidiaries, which include NEXT Financial Group, Caderet, Grant & Co., CUSO Financial Services and Sorrento Pacific Financial.

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