The San Diego, CA-headquartered group oversees $2 billion in fee-based, brokerage, fixed insurance and variable insurance assets.

Lucia Capital Group, a family of companies in the wealth advice, asset management and investment distribution spaces, has named the new president of its broker-dealer platform, Lucia Securities.

Taking up the role is Tiy O’Neal, who has spent the past 20 years at First Allied Securities, most recently serving as its chief operations officer.

O’Neal will report to Lucia Capital Group’s chief executive, Derek Bruton, and will lead Lucia Securities’ day-to-day operations and help to manage its client service efforts. She will also lead the firm’s transition team, which integrates registered investment advisory firms acquired by Lucia Securities.

It is understood that O’Neal replaces Mitch Avnet as president. This publication is in contact with the firm for further details.

“The addition of Tiy to Lucia Capital Group's leadership reflects our Firm's growth trajectory. We are committed to building our Firm through organic growth, business acquisitions, and investment management,” Bruton said in a statement.