The America Group Retirement Strategy Centers is a large producer group and management firm focused on pre-retiree and retiree clients, who service both platforms; Independent Advisor Services and Institution Services. Through our longstanding tradition of knowledge, experience and professionalism, and the size and scale we have built, America Group’s capabilities are comprehensive and broad. We can equally meet the needs of advisors seeking practice management coaching or advisors who are established with years of financial experience behind them. America Group is a “Top” large enterprise with LPL Financial that proudly stands by our value proposition and the advisors we serve.
THE AMERICA GROUP COMMITMENT
America Group supports a broad network of truly independent financial advisors and financial institutions throughout the United States and is committed to providing operational, strategic, and revenue generating resources that will allow you to do what you do best - advising clients and building your practice. You maintain your independence but always have the support of America Group in building your practice.
BACK OFFICE ADMINISTRATIVE SUPPORT
America Group provides back office support to advisors and their administrative staff. This support ranges from training to actual input of data, and performance of back office functions. All administrative staff is trained to understand the processes and procedures required to transact business through LPL by utilizing a combination of programs from LPL and onsite one-on-one training.
Problem Resolution Assistance
America Group assists in obtaining resolutions for difficulties which may arise in areas such as compliance, operations, trading, etc. Due to America Group’s favorable relationship with LPL, response is swift and cooperative from our own dedicated team at LPL.
Monitoring and Maintaining Compliance Requirements
America Group monitors the compliance requirements for advisors and will notify everyone immediately of any deficiencies that may arise. We will also perform annual audits and work with each advisor to ensure that compliance processes and procedures are in conformance and up to date.
America Group monitors LPL procedures and informs each advisor on all pertinent issues. Our team will assist you in implementing any changes necessary to ensure your business is always within current compliance.
Administrative Staff Training
Utilizing a combination of programs from LPL and our onsite individual training program, administrative staff will be trained to understand the processes and procedures required to transact business through LPL. Ongoing updates, webinars, and other learning opportunities are also provided to assistants so they can keep current and gain needed skills.
Use of America Group Offices and Technology
A conference room that includes state of the art video and audio technology is available for client presentations for housed advisors and for those advisors with clients near-by our location.
Approved Office Paperless System
For professionals who want to reduce paperwork, overhead expenditures, and wasted hours, America Group offers access to Cabinet NG, a web-based paperless program. Cabinet NG will enhance your productivity and increase efficiency for you and your staff. It will also facilitate better organization during audits, and eliminate the need for filing cabinets.
BUSINESS STRATEGIC PLANNING
Practice Management Coaching
America Group and LPL have business development programs to provide assistance in practice management issues such as staffing, time efficiency, operations, compliance, marketing, sales and service.
Business Continuity Program
The importance of business continuity is often lacking within the broker-dealer/financial services industry. America Group, with assistance from FP Transitions, provides the framework and commitment to enact a contract stating that upon death or disability of the advisor, their practice will be purchased for a pre-determined price.
Practice Acquisitions and Planning
America Group will assist to initiate, evaluate, and implement the purchase of a financial planning practice designated by each advisor.
Financial Transition Assistance
New advisors who generate more than $150,000 GDC may be eligible for financial transition assistance. The degree of assistance is dependent upon need and production levels and is determined by LPL.
In- House or Detached Advisors
We welcome advisors to partner with us either on site in Southfield or in conducting business from an external location nationwide. From the moment you partner with America Group, our commitment is apparent. We help you start strong by creating a transition strategy and ensuring your transition is positive.
Expense Sharing and Discounts
We offer the ability to control expenses and earn higher payouts. The expenses of running your own office can seem daunting. We try to ease those concerns by helping you to understand exactly what you will be responsible for paying, which is drastically reduced by shared expenses.
The large volume of business both the America Group and LPL generates with certain vendors results in discounts which are made available to advisors resulting in savings, both in time and money.
Marketing for Client Perception, Business Continuity and Resources
Advisors with the America Group have the option to brand individually, in association with the America Group, or a combination of the two. For marketing purposes, this option confirms a clients’ perception that the advisor is associated with a larger organization and is fully capable of providing resources and services associated with such financial institutions. Clients are comforted in the knowledge that the advisor has a Business Continuity Program in place, in the event that the advisor is no longer able to service their accounts.
BUSINESS GROWTH RESOURCES
America Group advisors are able to network with their peers to draw on synergies and share ideas. Networking allows an advisor to work with other advisors whose scope of expertise may differ from their own, thus providing full service options to their clients that would otherwise not be easily available.
Joint Work Opportunities – Competitive Cases
The America Group is a full-service financial firm and our advisors recognize the advantages of joint work opportunities when challenged by complicated and competitive financial planning cases. Advisors come together coordinating their expertise on a shared basis. The advisors of the America Group encompass many advanced credentials, including CFA, CFP®, MBA, JD, and CPA designations and degrees making available experienced and knowledgeable resources for these cases.
Our producer group has advanced experience and highly credentialed advisors at America Group. This in turn can translate into added revenue not easily attainable without this added benefit and greater service for the client.
Group Meetings for CE and Training
Both America Group and LPL conduct multiple group meetings for educational purposes. These meetings provide a venue to obtain continuing education credits and recurrent training in the products, programs, compliance processes, learning modules, and procedures of LPL and America Group.
Banking and CPA Relationship
America Group continually develops relationships with community and regional banks and CPA firms to provide financial planning and investment services on a joint basis. We are proud to announce that we lead LPL branch offices in Michigan with the largest number of banking relationships. Our growth has been steadfast and strong. We work hard to present good opportunities for all our advisors.
Research and Resources – Designing and Implementing Client Proposals
America Group offers research and resources to assist advisors in designing and implementing client proposals. Research materials are available from several premium sources, such as LPL, Morningstar, Goldman Sachs, Credit Suisse, Zachs, Vector Vest, S&P, Value Line, and others.
Proposal Generation Service
To facilitate client proposals, America Group will prepare the document for the advisor; we support E-Money and Financial Profile, and we also provide a customized program for portfolio analysis and recommendations. Our goal is to enable the advisors to spend more time with their clients and prospective clients, rather than compiling proposals. There is no additional cost for this service. America Group also offers fee-based financial planning services on a fee sharing basis.
Idea Sharing Among America Group Members
The culture of the America Group encourages the sharing of ideas, concepts, and expertise between members for the purpose of enhancing education for all America Group Advisors. Typically, this intangible can result in a significant increase in profitability due to the benefits of utilizing ideas that have been and remain successful for other advisors.