A.G.P. / Alliance Global Partners is pleased to announce that it has had inflows of more than $900 Million in assets* over the past 12 Months
A.G.P./Alliance Global Partners is pleased to announce that it has had inflows of more than $900 Million in assets* over the past 4 quarters.
A.G.P./Alliance Global Partners is pleased to announce that it has had inflows of more than $900 Million in assets* over the past 4 quarters.
A.G.P. New York, NY – August 31, 2020–AGP is pleased to announce it has seen more than $900 Million of inflows onto its platform over the past 12 months.
This comes after AGP saw over 1 Billion in inflows for the time period from September 2018 to September 2019.
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.
A.G.P. Executive Chairman/CEO Phil Michals , commented: “Our client and advisor centric offerings continue to be attractive in the Marketplace. We see, even during these volatile times, continued growth and success in the wealth management arena”. “We expect continued growth the second half of this year with additional technology and platform offerings being rolled out”.
A.G.P. National Sales Manager Eric Steingruebner, JD, CFP® commented: “The past 12 months have been one of the more uncertain and volatile periods in recent history. The fact that we were able to see the breadth and depth of the inflows that we have during this period is a testament to the value and flexibility that we provide to advisors and the efficiency of our onboarding process. As we expand our offerings and invest more in technology, we look forward to continued growth for the remainder of 2020 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 3rd 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.