The AmeriFlex Group, a rapidly growing, advisor-owned hybrid RIA that prioritizes financial planning, recently announced it has surpassed $11.5 billion in total client assets. For the first quarter alone, the firm grew its assets under administration (AUA) by 17%, representing $1.9 billion.
The firm credits its success to an innovative succession approach, advanced financial planning platform, and OSJ program, which enable advisors and their partners to fully take advantage of The AmeriFlex Group’s scale.
Launched in 2019, The AmeriFlex Group continues to achieve massive year-over-year growth, hitting $11.5 billion in total client assets as of Q2 2024. The firm experienced a 1,000% increase in AUA since its founding and now supports more than 160 financial advisors across the country.
SuccessionFlex enables advisors to authorize a succession and continuity agreement with the firm, including an option to sell 30% to 40% of their current revenue stream to The AmeriFlex Group, with no minority ownership discount. Since its launch, several of the firm’s advisors have taken advantage of this programming, and the firm has provided approximately $10 million in payouts.
The AmeriFlex Premier+ platform is a proprietary and high-tech financial planning solution that equips affiliated advisors with an enhanced service experience and helps clients envision the outcome of their planning goals, driving more informed financial decisions. And AmeriFlex Group X is a program that identifies the best ways for smaller OSJ practices to take advantage of the firm’s scale and resources. AmeriFlex Group X assists these practices in utilizing the firm’s scale, regulatory oversight, and practice management solutions and its relationship with Osaic, one of the nation’s largest providers of wealth management services.
KEY QUOTES:
“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. 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 AmeriFlex Group Founder and CEO Thomas Goodson, ChFC, CLU, CASL
“We’re thrilled our message, approach and culture continue to resonate with advisors and firms nationwide. 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.”
– Jesse Kurrasch, CFP, RICP, CFF, the firm’s Chief Operations Officer
“Tom, Jesse and the entire team at AmeriFlex see the problems our industry faces as growth opportunities. Their innovative approach to the space drives incredible value for the firm, its advisors and, importantly, the clients they serve. The dynamic AmeriFlex model represents the future of wealth management.”
– Larry Roth, industry leader and advisor to The AmeriFlex Group
