The AmeriFlex Group, a Las Vegas-based advisor-owned hybrid RIA, said it recruited 17 advisors representing more than $1.4 billion in total client assets during the third quarter. The advisors were expected to join the firm before year-end.
The firm previously reported adding 18 advisors with more than $1.7 billion in client assets during the first half of the year. AmeriFlex said it had recruited more than $3.1 billion in new client assets through the first three quarters and expected that figure to exceed $4.9 billion by year-end, nearly $2 billion above its stated annual growth goal of $3 billion.
“Our success is directly connected to the value advisors see in having the resources and support to pursue their goals, whether they are focused on scaling their business, planning for succession or somewhere in between,” said Thomas Goodson, Founder and CEO of The AmeriFlex Group.
The firm’s programs include SuccessionFully, its advisor succession platform, and AmeriFlex Premier+, a financial and transitional wealth planning service for high net worth clients. AmeriFlex said its partnership with Cambridge Investment Research, a broker-dealer and minority owner of the firm, supported those programs.
AmeriFlex recently launched Scout, an AI-enabled program designed to help the firm evaluate potential succession opportunities. According to the firm, Scout can generate profiles of hundreds of firms in the time previously needed to review a single practice.
“Our relationship with Cambridge and our investment in emerging technology allow us to support more advisors while maintaining the personalized service and access to solutions they expect from this firm,” said Jesse Kurrasch, Chief Operating Officer of AmeriFlex.
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