JENKINTOWN, PA – As part of Alden Investment Group’s continued growth strategy, a new wire house team joined Alden in July 2019, with over $100 million of assets under management.
This investment advisory team includes a CERTIFIED FINANCIAL PLANNERTM (CFP®) professional, increasing the financial expertise within the Alden Investment Group.
“We are pleased to be a preferred destination for both wire house and independent advisor teams,” said Alden’s Chief Business Development Officer John Mulqueen. “Our most recent team addition will utilize both our broker/dealer and registered investment advisor entities as well as our technology solutions. We are excited to have them aboard.”
Alden Securities, part of the Alden Investment Group, recently ranked as one of the largest independent broker-dealers in the IBD Elite for 2019 by Financial Planning, and also ranked third out of 51 in the Highest Growth in Producing Reps category. The addition of this new team further enhances Alden’s size and capabilities.
About Alden Investment Group
Founded in 1995, Alden Investment Group is an independent firm with a full-service broker/dealer and registered investment adviser. The firm offers a large and diverse menu of services including individual account management, institutional research, investment banking, private placement offerings, wholesaling services, retirement plans, equity trading, fixed income trading, and options trading, among other broker/dealer and RIA capabilities. The firm has 45 advisors spread across 14 districts and states, including most recently Puerto Rico. The firm has the ability to work with advisors who wish to be fully-integrated to an RIA and broker/dealer, or in a hybrid format accessing only the entities they require. The firm offers a robust platform for its advisors built around competitive payouts, with access to unique investment products and a best-in-class compliance program.