JENKINTOWN, PA – Chris Coloracci recently joined Alden Investment Group as Head of the Private Client Group in December 2019.
Prior to Alden, Chris was with Oppenheimer for almost 10 years, where he continued to build and grow branches and was named one of the Top 75 Branch Managers in the country in 2018.
Over the past 2 decades, Chris built a strong reputation as a branch, market and regional manager. He developed and grew branches at the retail level and is an ideal fit for the goals of the Alden Investment Group.
“The landscape for financial services changed rather dramatically over the last several years and it was important to align myself with the perfect fit for the 21st-century advisor,” says Chris. He also added, “Financial advisors are entrepreneurial at their core. They want to control their goals, compensation, team structure, client base, technology and how clients pay for service.”
With Alden being ranked by Financial Planning as one of the largest independent broker-dealers in the IBD Elite for 2019, and third in the Highest Growth in Producing Reps, Chris is poised to help continue this trend, as an increasing number financial advisors realize the benefits of working with an independent firm such as Alden. Chris said, “The possibilities the right partner offers are incredible. Once I started exploring independence, it became crystal clear to me that moving on from the wirehouse /regional environment was the natural evolution for quality financial advisors. I’ve never been more excited by the business.”
Leaving behind the limitations of typical, large firms, Alden Investment Group advisors are positioned to offer a wider breadth and depth of services to their clients, and Chris has the skills and experience to guide the way. His credentials include a Series 3, 7, 9, 10, 31, 63, 65 and Insurance license, in addition to his direct experience in advisor recruitment and management and portfolio management.
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.