Business
FINRA Approves Financial Gravity Acquisition of Broker-Dealer Forta Financial in Colorado
FINRA Approves Financial Gravity Acquisition of Broker-Dealer Forta Financial in Colorado.
About this update from Financial Gravity Companies, Inc.
[{"type":"text","content":"\n\n\n\nFINRA Approves Financial Gravity Acquisition of Broker-Dealer Forta Financial in Colorado\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nFINRA Approves Financial Gravity Acquisition of Broker-Dealer Forta Financial in Colorado\nPR Newswire\nAUSTIN, Texas, May 21, 2020\n\n\n\nAUSTIN, Texas, May 21, 2020 /PRNewswire/ -- Financial Gravity Companies, Inc. (OTCQB: FGCO) is proud to announce FINRA's formal approval of the Company's acquisition of Forta Financial Group, Inc., a broker-dealer headquartered in Greenwood Village, Colorado.\nForta Financial is a dually registered broker-dealer and registered investment advisor with the vast resources necessary to help advisors compete and win. Forta helps advisors achieve their goals and grow their business utilizing four key differentiators — Entrepreneurship, Practice Management, Marketing/Leads, and Financial Innovation. Forta Financial was originally named Presidential Brokerage, Inc. and has been in business since 1991.\nTony Campen, Chief Executive Officer of Forta Financial stated, \"Our organization is thrilled to finally get the last approval from FINRA for the change of control of Forta Financial which will also create a change of control of Financial Gravity.\" Campen continued, \"The structure of this new program is attracting top flight interest.\"\nScott Winters, Chairman & Chief Executive Officer of Financial Gravity agreed that, \"This transaction has been in the works for quite some time and the public stock of the parent company creates an enormous opportunity for all current and future participants.\" Winters added, \"The Financial Gravity team combined with the Forta Financial team, along with all the new team members we are bringing in from other firms has created an incredible amount of talent that we continue to grow. We are preparing for great expansion during the next few years and are amazed at the momentum that has kicked in already.\"\nAbout Financial Gravity Companies, Inc.Financial Gravity Companies, Inc. is a parent company of best of breed financial services companies includin...