DFPG Investments welcomes 13 new representatives with the addition of American Financial Network (AFN).
AFN, which is based in Calabasas, California, manages $336M AUM. AFN was founded over 30 years ago with the goal of providing personal financial planning, corporate consulting, and specialized services to corporate executives.
“We’re pleased to welcome AFN to DFPG,” says DFPG CEO Mike Bendix. “They’ve done an excellent job assembling a talented team of professionals who provide a unique and specialized service to their clientele.”
Bendix continues, “2017 has been a great year at DFPG. I am proud of our reps, advisors, and home office team for making this such a special year.”
Bendix is the former president of the Alternatives & Direct Investment Securities Association (ADISA), which is the nation’s largest alternatives investments association. Bendix is still very active at ADISA, serving on its board.
DFPG was recently added to Inc. Magazine’s Inc. 5000. The firm was also recognized by both Utah Business magazine and the MountainWest Capital Network (MWCN) as one of the fastest-growing companies in Utah.
Craig Watanabe, AFN’s Chief Compliance Officer, said the move to DFPG “establishes an important broker-dealer partnership for our clients and business.”
Watanabe continues, “DFPG is an industry leader in several aspects that are critical to our business, including alternative investments. We require a broker-dealer partner who has a strong commitment to due diligence and compliance, and it was clear to us that DFPG excels at both.”
Brett Ellen, AFN’s CEO, added, “Frankly, we feel like DFPG is a rare find within the broker-dealer community. They’ve got the specialized experience in alternative investments, which we really need, but they also have a great reputation and impressive culture. We recognized the fit between us immediately.”
DFPG is an independent broker dealer and registered investment advisor (RIA) with registered representatives and investment advisors located across the country. As a broker-dealer and registered investment advisor (RIA), DFPG provides a full-service platform that enables its financial advisors to more effectively serve their investors. DFPG is recognized within the financial services industry for its expertise and due diligence in alternative investments, with a focus on securitized real estate.