AmeriFlex Group celebrates its success in attracting advisors and achieving robust growth in its hybrid RIA business through innovative programs, according to InvestmentNews.

In the first quarter of 2024 alone, the firm welcomed 16 advisors overseeing $1.9 billion in client assets, marking a 17 percent increase, and bringing its total assets under management to over $11.5 billion. Since its establishment in 2019, AmeriFlex has experienced a remarkable 1,000 percent surge in client assets and now supports over 160 advisors nationwide.

InvestmentNews reports that the firm attributes its success to programs focusing on succession and ownership, coupled with an advanced financial planning platform, which it considers the key drivers of its growth.

Thomas Goodson, AmeriFlex Group's founder and CEO, emphasizes the firm's commitment to continuous improvement and delivering solutions that positively impact advisors' lives. He highlights popular initiatives like the SuccessionFlex program and the recently launched AmeriFlex Group X, designed to assist OSJ practices in leveraging the firm's scale and resources.

Among its programs, AmeriFlex offers advisors the opportunity to sell a portion of their revenue stream (between 30 percent and 40 percent) to the company while entering into a succession and continuity agreement. Additionally, smaller firms can benefit from the firm's scale and relationship with Osaic through specialized programs.

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.