#USA #Cambridge #Las Vegas #AmeriFlex Group #SuccessionFully

The AmeriFlex Group® Secures Growth Through Strategic Investment

In a significant move to bolster its succession planning services, The AmeriFlex Group® has announced a strategic minority investment from Cambridge Investment Research, Inc. This partnership is set to enhance their flagship service, the SuccessionFully® platform, designed to provide financial advisors with a streamlined approach to succession planning.

The Rationale Behind the Investment

The financial industry has witnessed a rising trend in the need for effective succession planning, particularly as a substantial number of financial advisors approach retirement. A survey by J.D. Power predicts that nearly half of today’s financial advisors could retire by 2035, intensifying the demand for reliable and comprehensive succession resources. The investment from Cambridge aims to accelerate the national rollout of SuccessionFully® and further develop essential resources for advisors navigating this vital transition.

Thomas Goodson, Founder and CEO of The AmeriFlex Group®, expressed enthusiasm about the partnership. He stated, “Strengthening our partnership with Cambridge enhances our ability to support advisors planning for retirement or long-term continuity.” With this investment, The AmeriFlex Group® is positioned to solidify its status as a leading resource for succession planning in the financial advisory sector.

The Features of SuccessionFully®

SuccessionFully® is a comprehensive platform that aids financial advisors by providing a conflict-free framework for transitioning their practices. This service focuses on several key areas:

• - Deal Structuring: Ensuring advisors can navigate the complexities of practice sales and transitions smoothly.
• - Marketplace Access: Providing advisors a wide range of opportunities to connect with potential buyers or successors.
• - Continuity Planning: Outlining clear plans for maintaining service relationships with clients during and after the transition.

The platform not only supports advisors looking to exit but also offers them the tools needed to maximize the value of their practices. Goodson highlighted, “This investment enables us to expand the platform nationally, enhance advisor resources and continue protecting the legacy each advisor has built.”

Strengthening Educational Resources and Advisor Support

With the new funding from Cambridge, The AmeriFlex Group® plans to improve its advisor education initiatives and expand its resource offerings. Emphasis will be placed on providing workshops and materials that focus on effective succession strategies. Jesse Kurrasch, the Chief Operating Officer, mentioned that in a short time frame since partnering with Cambridge, they have successfully onboarded 11 advisors, adding over $1 billion in client assets.

“This investment strengthens our relationship with Cambridge and provides momentum to expand our succession platform nationally,” Kurrasch stated. “SuccessionFully® has quickly become an indispensable resource for developing and executing meaningful plans for advisors considering an exit.”

A Partner Committed to Advisor Independence

Cambridge Investment Research, known for its commitment to preserving advisor independence, echoed the importance of this partnership. Jeff Vivacqua, President of Growth and Development at Cambridge, remarked that the investment is a testament to their dedication to helping advisors succeed in navigating the increasingly complex landscape of succession planning.

“They are true partners in the mission to maintain independence for advisors while providing them with the necessary support to thrive,” Vivacqua added.

Conclusion

The AmeriFlex Group® remains a majority advisor-owned entity that is dedicated to enhancing the landscape of financial advisory services. This strategic investment will not only help expand their offerings but also support a growing number of advisors as they plan for their futures. With a clear focus on comprehensive succession planning, The AmeriFlex Group® is well-positioned to address the pressing needs of the financial advisory community, ensuring that advisors and their clients can look forward to a legacy of continuity and stability.