Larry Roth, the chief executive of AIG Advisor Group, has a hefty task ahead as he looks to rebuild the beleaguered unit that American International Group Inc. chose not to divest in August.

Roth credits Robert Benmosche, who was named AIG's CEO and president Aug. 10, with re-energizing the advisory group and recommitting resources to it. Roth also said that a large, diversified insurance-based financial services company remains a great environment in which to expand a broker-dealer.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.