2017 Saw Significant Increase in Independent Broker/Dealers' Advisor Count and AUM
BEDMINSTER, N.J., July 25, 2018 (Newswire.com) - The Investment Center, Inc. an independent broker/dealer based in New Jersey, has been growing quickly and steadily over the past several years. In 2017, the firm brought on 27 new advisors, an increase of 11 percent. In just the second quarter of 2018, the firm grew by an additional 12 advisors and added $500 million in AUM. Since July 2017, AUM has increased by more than $1.1 billion. “Our growth is due to a variety of factors, including strong recruiting, our technology updates, incredible back-office service, our marketing support and coaching program, and the quickly expanding Women Advisors Group, which have been key elements of our strategic plan,” said CEO Ralph DeVito.
Advisors who have recently joined the firm cite another important factor in their decision. “When the transition team first visited my office, I had a good feeling about making the move,” said Victoria Tomaro, founder and managing director of Tomaro Financial Group LLC. “But when we visited The Investment Center home office and met the entire team, I knew immediately that we’d found our home. The people and the culture are unique in the industry and we look forward to a long, successful relationship with the firm.”
Scott Brady, owner of Associated Financial Planners LLC, relates a similar experience. “What was immediately evident in meeting with the firm was the personal touch that is the hallmark of The Investment Center,” said Brady. “The transition team and operational staff at The Investment Center continue to go above and beyond in supporting our firm. We were looking for a B-D that was truly independent, absent any proprietary products. The Investment Center allows us to work with our clients free from bias, as truly independent financial advisors. We are thrilled about our move and excited about the future.”
Our growth is due to a variety of factors, including strong recruiting, our technology updates, incredible back-office service, our marketing support and coaching program, and the quickly expanding Women Advisors Group, which have been key elements of our strategic plan.
“The Investment Center is dedicated to our advisors’ success,” said DeVito “Our culture is one of service and responsiveness, which is deeply appreciated by our advisors. While we will continue to invest in technology, practice management and development support, we will always provide the type of environment that so clearly resonates with the advisors who make the decision to become part of our family.”
For more information about The Investment Center, contact Nicole Johnson, director of recruiting, at 1-800-345-8041.
ABOUT THE INVESTMENT CENTER
The Investment Center, Inc. is an independent broker-dealer founded in 1986 with the purpose of providing back-office support services, investment tools, technology and a broad selection of non-proprietary products to a national network of more than 270 independent financial advisors in offices across the nation. Headquartered in Bedminster, New Jersey, The Investment Center, Inc. is registered to conduct securities business in all 50 states and is a member of both the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). For more information, visit www.InvestmentCtr.com.
Source: The Investment Center, Inc.