AE Wealth Surpasses $7B in Total Platform Assets

AE Wealth Management Remains One of the Country's Fastest-Growing RIAs, Adding $1 Billion in Less Than Six Months

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May 08, 2019, 14:19 ET

TOPEKA, Kan., May 8, 2019 /PRNewswire/ -- The unprecedented rate of growth continues for AE Wealth Management with the firm surpassing $7 billion in total platform assets as of April 24, 2019. Just this past December, AE Wealth Management exceeded $6 billion in total platform assets.

"The credit for our growth goes entirely to our employees and our advisor partners," said Chris Radford, President of AE Wealth Management. "We're truly helping independent RIA's with every aspect of their business – from growing as advisors and business owners to providing a comprehensive money management platform. That paired with the marketing support and our elite advisor network is why we're one of the fastest-growing registered investment advisory (RIA) firms in America."

AE Wealth has grown steadily and holistically without ever accepting external capital or completing acquisitions. The accumulation of more than $7 billion in total platform assets follows two industry accolades for the firm:

AE Wealth earned the number-two spot on Financial Advisor magazine's "RIA Survey and Ranking 2018," which lists the top 50 fastest-growing registered investment advisors (RIAs) with more than $250 million in assets under management. The magazine noted that AE Wealth experienced a year-over-year increase in assets of 303.64% from 2016 to 2017, and saw 72.61% growth in assets per client over the same period.
AE Wealth was also listed as No. 2 on the InvestmentNews compilation of fee-only RIAs with at least $1 billion in assets that experienced the largest year-over-year growth in total assets, as of May 1, 2018. The firm succeeded in growing its total platform assets from close to $590 million at year-end 2016 to about $3 billion as of December 31, 2017, and took less than one year to cross the $6 billion threshold.

AE Wealth Management oversees approximately $7 billion in total platform assets, including more than $5.6 billion in regulatory assets under management, as of April 30, 2019. For more information, please visit www.aewealthmanagement.com.

About AE Wealth Management
AE Wealth Management is one of the fastest-growing registered investment advisory (RIA) firms in America, offering an open-architecture platform of investment solutions and practice management resources that independent financial advisors can use to help their clients work towards their financial goals. Advisors can demonstrate greater value for clients and grow their practices by utilizing the cutting-edge technology—and the broad array of investment strategies and asset classes from consistently vetted and monitored money managers—on AE Wealth Management's platform. The insights and tools from AE Wealth Management enable advisors to obtain a holistic view of each client's financial universe in one place.

AE Wealth Management, LLC ("AEWM") is an SEC Registered Investment Adviser located in Topeka, Kansas. AEWM may only transact business in those states in which it maintains a notice filing or qualifies for an exemption or exclusion from registration requirements.