FORT LAUDERDALE, Fla., Jan. 28, 2021 /PRNewswire/ — Associated Financial Consultants & Investor Products and services (Affiliated), a South Florida-dependent unbiased prosperity administration firm founded in 1972, currently announced the addition of Patrick Farrell and Marcus Arneaud to its staff as economical advisors. Mr. Farrell, the former CEO of Investacorp, an independent broker-vendor, and Mr. Arneaud, Investacorp’s former Chief Compliance Officer, alongside one another bring 54 decades of encounter in constructing and increasing firms in the prosperity administration sector, with an in depth community of strategic associations throughout the country.
Connected was formerly affiliated with Investacorp for 31 decades, as a single of the broker-dealer’s best five largest unbiased offices nationwide. Linked transitioned to Securities The united states as section of Investacorp’s consolidation in Securities The united states in the second half of previous yr. The addition of Investacorp’s previous CEO and CCO to Related is portion of the firm’s continued speedy progress, getting achieved $1 billion in assets under administration throughout its wealth administration and employer-sponsored retirement plan divisions.
Mr. Farrell mentioned, “I’ve had the enjoyment and privilege of supporting the progress and accomplishment of Associated more than the years, as CEO of the firm’s broker-seller and RIA. Marcus and I have gotten to know the management group and financial advisors of Related very very well, and in many ways, our selection to sign up for Affiliated was a organic and logical subsequent action. We’re excited to make a bounce to a phase of the field that is continuing to grow rapidly, as portion of a highly prosperous business that is perfectly-positioned for continued expansion in the a long time to occur.”
“We see an option to include to the results of the group in a wide range of ways,” Mr. Arneaud explained. “From a customer-dealing with viewpoint and from the standpoint of productively running and escalating a comprehensive-service unbiased broker-vendor and company RIA about the decades, we deliver expertise, contacts and extra mental horsepower to Associated.”
The two additions come on the heels of Involved including a $125M staff of two veteran advisors from Principal (previous Miami Dolphins security turned advisor, Shawn Picket, and retirement prepare specialist Travis Ruane), a Team Advantages Govt (Logan Mondshein) and 5 staffers (two of which were formerly with Investacorp) in 2020.
“It speaks volumes that we continue to see exponential growth at Associated,” company President Paul Vladem claimed. “Two unbiased broker-supplier senior leaders with unparalleled encounter in developing and escalating prosperity administration enterprises deciding upon to join forces with our firm is an exceptional prospect for our firm. Not only do Pat and Marcus increase incredible price to our talented staff, they will also convey it to our customers as nicely. We are positioned for continued development for a lot of several years in the upcoming.”
The business consists of 36 complete personnel across 5 distinct services groups. Paul Vladem prospects the Wealth Management Division (since 1989), Steve Fraidstern leads the Employer Sponsored Retirement Plan Division (since 1981), Logan Mondshein potential customers the Staff Advantage Division given that the sudden passing of longtime partner Marc Weiss in 2020 and Evan Vladem prospects the Sports & Amusement Division (considering the fact that 2017). The company also is made up of a daily life, incapacity, and extended-expression care coverage division.
ABOUT Related Economic CONSULTANTS & Trader Services
Affiliated Economical Consultants & Investor Providers is an unbiased, economic solutions firm that introduced in South Florida in 1972. More than the previous 40 yrs, the agency has been developing a leading standing in wealth administration, investments, employer-sponsored retirement plans, employee benefit programs, and coverage.
In addition to wealth administration, the company has turn out to be a big player in the style and design, administration, and implementation of both equally employer-sponsored retirement strategies and staff profit options. The agency is made up of an in-dwelling third-celebration administrator. For additional info, visit www.AFC-AIS.com
EVAN D. VLADEM, 954-242-7908, [email protected]
FREDDIE ORDONEZ, JD, MBA, 954-662-3705, [email protected]
Supply Connected Economical Consultants & Trader Products and services