A.G.P. / Alliance Global Partners is pleased to announce that it has had inflows of over One (1) Billion in assets* over the past 4 quarters
A.G.P./Alliance Global Partners is pleased to announce that it has had inflows of over One (1) Billion in assets* over the past 4 quarters.
A.G.P./Alliance Global Partners is pleased to announce that it has had inflows of over One (1) Billion in assets* over the past 4 quarters.
A.G.P. New York, NY –September, 2019–AGP is pleased to announce it has seen over One Billion of in-flows over the past 4 QTRS.
The inflows** have been across the board in asset classes. We have seen it range from advisory, brokerage, insurance and other product lines. Clients have been a combination of individual and corporate clients.
We have seen the main catalyst of the inflows based on new advisors joining the firm from every demographic; from your traditional wire-houses to your regionals and independents. AGP has opened up 2 new branches over this timeframe and we see the growth continuing.
A.G.P. Executive Chairman/CEO Phil Michals commented, “We are pleased that our wealth management offerings are having success in the market place.” “This was a meaningful achievement and was done without any acquisitions.” “We continue to invest in infrastructure and technology and the combination of institutional and retail services has created a unique opportunity in the market place.” “We have had talented individuals join us and are in discussions with multiple recruits currently.”
A.G.P. National Sales Manager Eric Steingruebner, JD, CFP® commented ; “Our growth has been outstanding. We believe that the flexibility offered to our advisors as well as the investments being made in infrastructure and technology will make AGP a preferred destination for advisors looking for the next stage in their practices. We look forward to continued growth for the remainder of 2019 and beyond.
*The calculation of assets included assets under advisory, direct and brokerage and it should be noted this inflow analysis did not include asset outflows during this time. AGP relied on its 3 rd party vendor for these calculations.
**Inflows are defined as Transfer of assets, wires, checks, EFTs and change-of-record on annuities, 401k funds and other direct products.