The AmeriFlex Group has hailed its innovative programs for attracting advisors and achieving strong growth for its hybrid RIA business.
In the first three months of 2024, the firm added 16 advisors managing $1.9 billion in client assets, taking its overall total to more than $11.5 billion. The first-quarter growth marked a 17% increase. Since AmeriFlex was founded in 2019, it has seen a 1,000% increase in client assets and now supports more than 160 advisors nationwide.
The firm says its programs aimed at succession and ownership, together with an advanced financial planning platform, make up the secret sauce driving its success.
"Our dedication to continuous improvement and providing solutions that make a difference in advisors' lives have enabled our firm to drive significant growth since our creation," said Thomas Goodson, AmeriFlex Group founder and CEO. "From our incredibly popular SuccessionFlex program to the recently launched AmeriFlex Group X, a program to help OSJ practices take advantage of our scale and resources, our team is dedicated to pushing our industry forward and delivering results for our advisors and clients."
The programs include the option for advisors to sell between 30% and 40% of their revenue stream to the company alongside a succession and continuity agreement. It also has a program enabling smaller firms to take advantage of its scale and relationship with Osaic.
"We're thrilled our message, approach and culture continue to resonate with advisors and firms nationwide,” said Jesse Kurrasch, the firm's chief operations officer. “Our innovative programs and solutions allow advisors to drive growth, deliver results for their clients and reduce the operational burden of running their own RIAs."
Wealth managers highlight strategies for clients trying to retire before 65 without running out of money.
Shares of the online brokerage jumped as it reported a surge in trading, counting crypto transactions, though analysts remained largely unmoved.
President meets with ‘highly overrated globalist’ at the White House.
A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.
Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
