Scott Sherwood, who co-led Investacorp, Inc. from 1980 through its acquisition by Ladenburg Thalmann Financial Services, Inc., has entered into an agreement with Calton & Associates, Inc. As a result of this agreement, Sherwood will lead Calton's initiative to become a top-tier, major presence in the independent broker dealer and hybrid RIA model.

Prior to this agreement, Calton had grown to approximately 195 advisors in 55 offices. Calton's growth has occurred without any significant advertising and modest technology. It grew from referrals earned for its excellent service throughout its near quarter-century history. The firm was founded by Dwayne Calton, a 35 year industry veteran who is now 56 years old. Dwayne will continue to serve as its President and Chief Executive Officer.

Scott Sherwood, who recently joined fellow independent veteran John Simmers under the aatria.com banner, is a 31 year industry veteran who is now 51 years old. Scott has been recognized in the industry as an operations and technology visionary. He has been credited as the mastermind behind some ground breaking services and technological tools such as Investalink. Scott is also well regarded for his role in the acquisition of Triad Advisors, Inc. by Ladenburg, as well as for his work creating the Investacorp brand. He co-led Investacorp from its days as a small firm with approximately $150 thousand in commissions and 10 advisors, into a significant industry presence with over $60 million in commissions and over 500 advisors. Scott recruited many, if not most of those advisors.

Dwayne said “I first came to know Scott three plus years ago. I quickly discovered that everyone who knows him raves about his knowledge, integrity, marketing skills and inventive approaches to problem solving. In fact, the more I got to know him, the more I realized that he was the perfect person to lead our growth initiative. His talent and energy will be invaluable in helping us meet the needs of even more of the largest and best advisors. We can't be more excited about the future.”

Sherwood added, “In my years in the industry, I've come to know many quality firms, large and small. Calton & Associates has the makings to be the best of them all. Their staff is exceptionally knowledgeable and attentive. Equally important to me is that they have that friendly, family oriented style that I hold so dear. All in all, they embody all of the hallmarks that lead to a wonderful service experience.” Sherwood continued, “Calton & Associates just needs to add another major clearing firm and a couple of strategic technology tools to become a force to be reckoned with. With some significant advantages that we will be bringing to the market, I believe that Calton & Associates will be making exciting news for many years to come.