RFG Advisory, Birmingham -based Hybrid RIA platform, based on approximately $ 6 billion in counseling assets, has attracted two teams of advisers to begin their independent firms. Jarrod Biebel, a Denver -based counselor with about $ 300 million in the fortune, has created the management of treknorth investment. James Horn, a two -officer at the Upstate New York and $ 60 million in AUM, has established Matterhorn's private wealth.
Biebel joins the RFG platform after eight years with Raymond James & Associates, strengthening the presence of RFG in Colorado. He expects to build a trekorth over the next decade and expand his team to meet the needs of the clients. He has joined by Angelica Walter, a senior relationship manager.
Horn makes the move by Edelman Financial Engina, where he was the director of financial planning, according to his LinkedIn profile. His practice expands the presence of RFG in the northeast, with offices in Rochester and Buffalo, NY he decided to move for greater business autonomy and create the value of the enterprise. He expects to double his assets within the first year in RFG.
“We have been deeply invested in setting up our platform over the past 12 months,” said RFG Ceperical Shannon Spotswood in a statement. “Our goal is to provide entrepreneurial advisers who require the latest technology, comprehensive service and personalized support with a platform to help them build the value of the enterprise.”
In the last year, RFG has added 21 advisers to its platform and 35 new employments, including Abby Salameh as the main growth officialBrendan Frazier as leading behavior official Kenneth Kim as the main financial official, and Katie Welch as senior director of advisor marketing. In July, rfg promoted Spotswood in CEOFollowing Bobby White, who had led the firm since its founding in 2003. White has been a executive leader.
The firm also recently announced a “brand refresh” This included a new website that hopes to reflect its “next model ahead of” support of independent advisers. This coincided with the reconstruction of the RFG Strongheri money, an initiative to address the transfer of generating property. Jillian Berry, a former businessman and team leader in Edward Jones, recently joined the RFG to head that initiative.
In 2023, RFG sold a majority of shares in the firm to the private capital firm Long Ridge Equity Partners. The firm had been owned by management since White founded it in 2003, and the Long Ridge agreement marked the first time Ria brought to the foreign capital. Long Ridge previously supported Carson Group before selling its shares at Bain Capital in 2021.