The AmeriFlex Group Welcomes Two New Wealth Management Teams

The AmeriFlex Group Welcomes Two Former Commonwealth Teams

The AmeriFlex Group® is undergoing a significant expansion by welcoming two former Commonwealth teams: Blue Hills Wealth Management and Converge Wealth Partners, LLC, who collectively manage around $280 million in total client assets. This strategic move highlights AmeriFlex's commitment to its advisor-owned hybrid Registered Investment Advisor (RIA) model, prioritizing robust financial planning and client service.

Strategic Growth through New Partnerships

AmeriFlex has made waves in the financial services industry by positioning itself as a premier destination for advisors looking for flexibility and independence in their practice. With the addition of Blue Hills and Converge, the firm is not only enhancing its asset base but also enriching its advisory capabilities.

Introducing Blue Hills Wealth Management, a family-owned establishment from Plymouth, Massachusetts, the firm has been a staple in the financial advising space, led by three generations of dedicated advisors. The leadership team, including founder Daniel Romaine and vice president Sara Kappos, emphasizes a family-oriented approach that combines deep expertise with personalized service. Following their decision to join AmeriFlex, Romaine stated, “We sought a platform that would provide us with robust, innovative solutions and team support without compromising our independence and client-first ethos.”

With approximately $170 million in client assets under their management, Blue Hills aims to leverage AmeriFlex's resources for enhanced service delivery while maintaining their family-centric approach to financial advising.

On the flip side, Converge Wealth Partners brings a fresh perspective to the AmeriFlex table. This newly formed firm, emerging from Best Times Financial, is led by experienced advisors John Skomski and Dan Jeffery. Their focus will be on delivering tailored wealth management and financial planning services aimed at helping clients meet their unique financial objectives. Skomski commented, “Our decision to partner with AmeriFlex was motivated by their understanding of our vision for a bespoke wealth management offering. The support and autonomy provided by AmeriFlex will enable us to launch and grow our practice effectively.” Converge Wealth Partners is handling approximately $110 million in total client assets, much of which will be directed to innovative investment strategies under the AmeriFlex umbrella.

This expansion aligns with AmeriFlex's broader strategy, which saw it transition to Cambridge Investment Research as its broker-dealer partner during the summer. This partnership has been instrumental in removing barriers to growth while streamlining recruitment processes. COO Jesse Kurrasch noted, “The alignment with Cambridge has allowed us to deliver better options for our advisors while expediting our expansion efforts. In just six months, we have successfully integrated over a billion dollars in client assets.”

A Commitment to Future Growth

The AmeriFlex Group® has positioned itself as a robust platform for independent financial advisors, effectively brandishing itself as “The Home for Hybrids.” By incorporating independent advisors into its framework, the firm is fostering an environment of collective growth, expertise, and innovation aimed at better serving clients across various market conditions. This approach not only supports the present needs of advisors but also lays a solid groundwork for future growth and adaptability within the dynamic financial landscape.

As the firm looks ahead, its integration of Blue Hills Wealth Management and Converge Wealth Partners serves as a testament to its commitment to providing a strong foundation for its advisory team, cultivating meaningful partnerships that can withstand the test of time. With a clear directive to prioritize financial planning and adaptive business practices, the AmeriFlex Group continues its impressive trajectory in the wealth management industry.

Conclusion

With the amalgamation of Blue Hills and Converge Wealth Partners, the AmeriFlex Group enhances its stature in the financial advisory realm, making strides in asset management while reinforcing its commitment to advisor independence and client-focused solutions. As clients of these two seasoned teams now merge into the AmeriFlex ecosystem, they can expect a continuation of the exemplary service they have come to know, backed by the larger, robust framework AmeriFlex has established.