Home Alts News Osaic Hauls in $500 Million of Client Assets via The AmeriFlex Group

Osaic Hauls in $500 Million of Client Assets via The AmeriFlex Group

Osaic Hauls in $500 Million of Client Assets via The AmeriFlex Group. Alternative investments, financial advisors, financial services, wealth management, Osaic Inc.,

Osaic, an independent wealth management firm formerly known as Advisor Group, announced that twelve financial advisors representing nearly $500 million in client assets have joined The Ameriflex Group, a registered investment advisor affiliated with Osaic.

Ten of the advisors join via from the The Meckenstock Group, a Kansas-based firm that was formerly affiliated with Independent Financial Group and brings more than $290 million in client assets to Osaic.

Also joining Osaic through AmeriFlex is the advisor team of Jeffrey McNaney and Lucas Dancy-Cabeal. Formerly with Principal Securities, the team brings $206 million in client assets to Osaic.

“We are thrilled to welcome, Bobb, Jeffrey and Lucas, and their teams to the AmeriFlex family,” said Thomas Goodson, president and chief executive officer of The AmeriFlex Group. “They built impressive multi-state businesses by putting the needs of their clients first. Each is a perfect cultural fit and runs the type of business we aspire to attract to The AmeriFlex Group. We look forward to working together to help them achieve their growth goals.”

The Meckenstock Group is a diversified financial and estate planning firm specializing in providing life insurance, health plans, pension programs, mutual funds and annuity services to its clients. In addition to Bobb Meckenstock, team members joining Osaic include Dan H. Meckenstock, and registered representatives Keith Harper and Kenny Rigler from the firm’s Hays, Kansas headquarters.

Also making the move are registered representatives Cameron Kaufman, Reggie Johnson, and Kakim Kunantaev from Kansas, Brian Kozak from Nebraska, and John Reeve and Rodney Smith from California.

Jeffrey McNaney and Lucas Dancy-Cabeal are experienced financial advisors with more than 30 years of combined experience. They specialize in providing “highly personalized” financial and insurance services for business owners and high-income professionals. Their full-service model includes expertise in retirement planning, active investment management and tax efficient strategies.

“Osaic and AmeriFlex will provide us with the freedom, flexibility and value-added resources we need to take our practices to the next level,” said Dancy-Cabeal. “Jeff and I were impressed by their broad range of products and services they offer, as well as their sincere commitment to helping us enhance our client service experience, while achieving our long-term growth goals.”

Osaic Inc. is a portfolio company of Reverence Capital Partners and is one of the nation’s largest providers of wealth management solutions, supporting over 11,000 financial professionals.

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