Infinex Financial Group Signs Virtue Financial Advisors, LLC
MERIDEN, Conn. (PRWEB) June 14, 2018 -- Virtue Financial Advisors, LLC, a regional OSJ based in Kansas City with $400,000,000 under management, has selected Infinex Investments, Inc. (Infinex) as its new broker/dealer.
Jerrod Foresman, Co-Owner and President of Virtue Financial Advisors, said, “It was important to us to partner with a broker/dealer that understands the needs of advisors within community banks and that offers the specific resources needed to be successful. As Infinex’s ownership structure includes community banks, Infinex has a true understanding of how to support our advisors. It was refreshing that Infinex took the approach of, ‘How can we figure-out a way to partner together so this is a win for everyone?’ Other broker/dealers were essentially saying, ‘Here is our model, hopefully this works for you.’ Infinex’s personalized approach and flexibility will be invaluable to us as we look forward to growing our business.”
Virtue had been operating their own broker/dealer, which they decided to shutter in 2017 and move to a third-party broker/dealer. Mid-conversion, the broker/dealer selected was acquired by LPL. This unexpected event triggered Foresman and his team to initiate an extensive search for the right long-term broker/dealer partner.
About their due diligence process, Foresman stated, “We looked at just about every broker/dealer firm under the sun. Infinex was the easy choice.”
“Infinex is thrilled that Jerrod and the Virtue team decided to partner with us,” said Stephen P. Amarante, President and Chief Executive Officer of Infinex. “Infinex’s relationship-oriented service model was a perfect fit for Jerrod and his team as they were leery of dialing into the 1-800 call centers of larger broker/dealers, where they would just be a number and grouped with thousands of other advisors. When Virtue Financial Advisors calls Infinex, they know they will reach someone that knows them and understands their business, and that they can trust to receive knowledgeable support.”
About Infinex Financial Group
Infinex is celebrating its 25th anniversary as an independent broker/dealer focused on serving the investment, insurance and wealth management needs of financial institutions. Currently, Infinex supports over 230 community-based programs and more than 550 advisors. The firm is headquartered in Meriden, CT, with offices in Napa, CA and Glen Allen, VA.
Financial institutions or advisors interested in learning more about Infinex can contact the Business Development Team at 1-800-218-2827 or visit http://www.infinexgroup.com.
About Virtue Advisors
Virtue Financial Advisors, LLC is a program management and marketing firm committed to providing financial institutions a unique opportunity to offer financial planning and wealth management services in their branches without taking on the additional risks and costs of owning, managing, and employing the investment program and its advisors.
For more information, visit https://www.virtueosj.com/about.
Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of principal.
Brittany Chambers, Infinex Financial Group, http://www.infinexgroup.com, +1 (707) 205-5418, [email protected]
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