Atlanta Capital Group (ACG) Wealth, a fast-growing registered investment advisor (RIA) with $1.8 billion in total assets under management and offices in New York, Atlanta (Buckhead), Houston and Raleigh/Durham, in June named Greg Fink its president and CEO.
“Greg brings more than 20 years of experience in the business and management of RIAs,” ACG Wealth founding partner Jody Young said in a news release. “He also knows investing and trading, having cut his teeth at the large institutional firms including Fidelity, Northern Trust and Bank of America. He is tasked with continuing our momentum and taking ACG Wealth to the next level.”
The firm is embarking on a growth track aimed at providing the best platform for advisors and working with ultra-high net-worth clients on their investments and comprehensive planning.
Fink will play a vital role in driving the continued success of ACG Wealth’s strategic growth plan, which will include expanding the private wealth and hybrid investment management platforms.
ACG Wealth has established itself as a fast-growing and highly competitive firm by leveraging its extensive expertise with both advisor- and client-facing technology, succession planning and a genial culture.
“Jeff Shaver, Jody Young and David Millican launched ACG Wealth 15 years ago after spending years succeeding at the big wirehouses because they had a better system for advisors and high-net worth clients,” said Fink. “They have grown it from $80 million in assets to $1.8 billion over that time. The future is incredibly bright for ACG Wealth and I am excited to be a part of it.”
Fink previously served as a vice president at Fidelity Investments’ Clearing & Custody Services business unit, where he was responsible for custody, clearing and the practice management of the largest RIAs throughout the Southeast. He is an expert in RIAs business. Over the last five years, ACG Wealth has acquired 14 RIAs from across the country, successfully bringing the advisors and their clients onto the ACG Wealth hybrid platform. This includes personal, concierge-style service usually associated with family offices, as well as access to traditional investments (stocks, bonds, exchange-traded funds) and alternative investments including private equity.
The key to ACG Wealth’s growth has been its culture and strategically acquiring firms that share that culture, which is defined by intelligence, research, technology, transparency and accessibility.
“The three of us knew what we wanted to do when we got started, and to this day we share a vision,” said Young. “This is an important transition for ACG Wealth. We got it up off the ground, and now Greg Fink, who has spent his career succeeding on the business side of RIAs, is going to ensure that it continues to grow and is the best when it comes to attracting the top financial advisors and our clients.”
The three founding partners will remain with the firm and will continue to play important roles in its ongoing success. Shaver will head the private wealth group while Young will manage acquisitions. Millican is heading the overarching business, which includes ACG Wealth and Arkadios Capital, a newly formed independent broker/dealer.