AmeriFlex Group Welcomes Strategic Investment from Cambridge
Las Vegas-Based Hybrid to Use Funds to Support Expansion of its SuccessionFully Platform
Investment to Accelerate National Launch and Strengthen the Holistic Succession Planning Tool, Reinforcing Firm's Position as an Industry-Leading Succession Resource
AmeriFlex Group, an advisor-owned hybrid RIA renowned for its planning-first approach and innovative succession solutions, recently announced a significant milestone. Cambridge Investment Research, Inc. has made a strategic minority investment to support the firm's growth and expansion initiatives.
This investment is set to enhance the development of SuccessionFully, AmeriFlex's unique platform designed to assist financial advisors in transitioning their practices smoothly and confidently. The SuccessionFully program is responding to a growing need for unbiased succession planning services that focus on deal structuring and continuity planning.
Thomas Goodson, the Founder and CEO of AmeriFlex Group, remarked, "Strengthening our partnership with Cambridge enhances our ability to support advisors planning for retirement or long-term continuity." This investment arrives at a time when comprehensive succession planning is more critical than ever.
According to industry studies, a significant percentage of financial advisors are likely to retire in the coming years, thereby increasing the urgency for robust succession-planning resources like SuccessionFully. Goodson noted, "This investment allows us to broaden the platform's reach nationally and enhance the resources available to advisors, safeguarding the legacies they have built over their careers."
In just half a year since forming a partnership with Cambridge, AmeriFlex Group has notably grown, adding numerous advisors and total client assets exceeding one billion dollars.
Enhancing Advisor Resources Through Cambridge Partnership
The funds from the Cambridge investment will focus on expanding educational resources for advisors centered on succession planning. By strengthening their support for deal structuring and developing a broader marketplace for succession opportunities, AmeriFlex aims to provide better continuity planning for its advisors.
Jesse Kurrasch, the Chief Operating Officer at AmeriFlex Group, expressed excitement about the collaboration, stating, "This investment accelerates our mission to expand our succession platform nationally. Advisors find SuccessionFully invaluable in creating meaningful plans for transitions, and with Cambridge's backing, we can continue to grow while offering the independence and flexibility they expect from AmeriFlex."
Jeff Vivacqua, President of Growth and Development at Cambridge, added that this partnership exemplifies their commitment to assisting advisors as they navigate the complexities of succession planning in today's market. He emphasized, "Cambridge values the opportunity to partner with AmeriFlex and support its growth and succession plans in the coming years, prioritizing true advisor independence and control within the industry."
AmeriFlex Group remains predominantly advisor-owned and thrives on its independent operation. The leadership team retains strategic control over the firm's direction, with the investment terms not being disclosed.
About AmeriFlex Group
AmeriFlex Group is recognized as The Home for Hybrids, specializing in transitional wealth planning for independent advisors. The firm operates under the umbrella of its advisor partners and strives to empower them with effective solutions oriented around their needs.
With a team of dedicated professionals, AmeriFlex not only caters to advisors but also focuses on enhancing their clients' experiences through innovative approaches and resources. The firm offers a complete suite of services for advisors, including those in partnership with Cambridge, which is a minority owner of AmeriFlex.
About Cambridge Investment Research
Cambridge is a proven leader in providing financial solutions to independent professionals. Their focus rests on ensuring advisors retain internal control while accessing a wide range of resources for advice, growth, technology, and overall independence within the financial services realm. Cambridge stands out as one of the largest independent broker-dealers, with a robust network to support its mission and vision.
Frequently Asked Questions
What is the significance of the investment from Cambridge?
The investment strengthens AmeriFlex Group's resources for developing its succession planning platform, SuccessionFully, allowing for broader expansion and support for advisors.
How does SuccessionFully benefit financial advisors?
SuccessionFully offers financial advisors a structured approach to transition their practices with clarity, focusing on maximizing enterprise value and providing a conflict-free process.
Why is succession planning becoming more critical in the financial advisory industry?
With a growing number of advisors nearing retirement, there is an urgent need for effective succession planning solutions to ensure smooth transitions and safeguard legacies.
What will the funds from the investment be used for?
The funds will be allocated towards enhancing advisor education, developing support for deal structuring, and broadening opportunities within the succession planning marketplace.
How does AmeriFlex maintain its independence?
AmeriFlex Group is primarily advisor-owned and operates with a focus on maintaining strategic control, ensuring that advisors retain their independence and the flexibility to manage their practices.
