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Financial Advisory  + RIAs & Financial Advisors  | 
Advisory Services Network Tops $7B in AUM

Advisory Services Network Tops $7B in AUM

Advisory Services Network (ASN), a turnkey solutions provider designed to help advisors build and run independent practices, announced it has eclipsed $7 billion in assets under management across its platform.

The firm said it has seen “significant” growth and works with over 125 advisory practices, which include over 200 registered advisors.

Based in Atlanta and founded in 2010, “ASN has carved out a significant position for itself as the strategic partner of choice for what has long been a dramatically underserved marketplace: those advisors with between $20 million and $500 million in assets under management or advisement,” explained ASN.

“Advisors have no shortage of options when they consider routes to independence, but there are a lot of different interpretations as to what ‘independence’ means,” said Trey Prescott, director of business development for ASN.

“We keep it as simple as possible and are always happy to talk with advisors to help them understand what the outcomes might be based on the path to independence they choose.”

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.