Wayne, PA – Derek D’Alonzo, formerly of Ameriprise, joins Alden Investment Group as a senior financial advisor.
Based out of Hoschton, GA, a suburb of Athens, Derek D’Alonzo brings almost 30 years of financial experience to the Alden team. Derek began his career at Lehman Brothers and Bear Stearns, back in the days of cold calling, making up to 10,000 calls per month. Today, Derek has $25 million under management, and prefers to provide his clients one-on-one attention as their financial advisor.
“Derek brings close to three decades of experience as a wealth advisor and recognizes the value of aligning himself with a true Independent partner that is excited to help him grow and expand his practice. In addition, he helps us expand our presence in the greater Atlanta area,” says Chris Coloracci, head of the private client group at Alden. Well-versed in both the broker-dealer and managed side of the business, Derek wanted to provide his clients with a broader base of products to choose from, which is one of the main reasons he decided to join Alden. “Prior to Alden, I felt like I was on a very narrow road,” said Derek. “I like to sit down and listen to my clients’ needs and offer them right the products and services to realistically achieve their goals. Now I feel I can truly do this for the first time.” With two clearing agencies, Raymond James and Charles Schwab, he felt Alden offered the brand recognition and longevity he was seeking for his clients.
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 65 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.