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DFPG Investments Adds 20 Reps

DFPG Investments Inc., a national independent broker-dealer which operates out of Salt Lake City, Utah, recently added 20 new registered representatives. The new members of the DFPG team, which are located in eight offices across six states, collectively manage an estimated $425 million in client assets.

“On the one hand, we’ve been fortunate to benefit from some of the industry unrest where reps are seeking more competitive solutions,” says Mike Bendix, DFPG’s chief executive officer, who noted that the 20 reps joining DFPG come from multiple broker-dealers.

Bendix continues, “On the other hand, DFPG has deliberately positioned ourselves in the market to be an obvious choice for reps that want to maintain their independence, while operating a traditional or hybrid model, and who want to deepen their capabilities in alternative investments, particularly investment real estate.”

Bendix is currently serving as president-elect of the Alternative & Direct Investments Securities Association (ADISA).