Cincinnati 8/30/2023 — Ackermann Group, a leading name in multifamily investment, is thrilled to announce a pivotal development aimed at simplifying the investment process for financial advisors and their clients.
In an effort to increase accessibility, Ackermann Group navigated the rigorous asset acceptability review process with renowned financial institutions, Charles Schwab and Fidelity Investments. “We are delighted to share that AMF Funds II, LP has received the approval of both organizations to be held within their custodian services.”, says Ackermann Group.
Effective August 2023, financial advisors now have the option to submit new investments in AMF Funds II, LP through either Charles Schwab or Fidelity. To facilitate this service each custodian will charge an annual fee ranging from $125 to $250 per year and transaction fees between $10 and $25.
Key Advantages for Financial Advisors:
- Enhanced Confidence: Approval from Charles Schwab and Fidelity attests to the legitimacy and reliability of the investment. Rigorous reviews of the investment and associated legal documents ensure compliance with specific criteria, instilling increased confidence in both advisors and their clients regarding the security and integrity of the investment.
- Simplified Servicing: Both custodians offer advanced tools that streamline the management of investment documents, capital calls, reporting, and more. This simplification enables financial advisors to enhance their service to clients with increased efficiency.
- Comprehensive Reporting: The integration of the investment into client investor statements on both platforms provides a more comprehensive view of assets under management. This feature enhances clients’ understanding of their financial portfolio.
“We believe this development is a significant step towards making the investment process smoother and more secure for both financial advisors and their clients,” said Jeremy Constantino, Investor Relations Manager at Ackermann Group. “We are dedicated to continuous improvement and welcome any questions or requests for further information from our valued partners.”
Financial advisors are encouraged to reach out to Ackermann Group’s support team for any inquiries or additional information. Ackermann Group is committed to providing unparalleled support to its partners and expresses gratitude for the ongoing trust and collaboration.
About Ackermann Group:
Ackermann Group is a trusted name in alternative real estate investments, committed to providing innovative solutions for financial advisors and their clients. With a focus on accessibility and reliability, Ackermann Group is dedicated to delivering an exceptional investment experience.
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Gabriela Smith
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