CEO Announces Industry Veterans Steve Deppe and Rick Nerad are Joining AlphaCorePosted Aug 16, 2019
La Jolla, CA August 15th, 2019 - AlphaCore Capital, a boutique wealth advisory firm, announced its second strategic merger this year. The Co-Founders of Nerad + Deppe Wealth Management have agreed to merge their business with AlphaCore Capital. Rick Nerad & Steve Deppe have a long history of working directly with private clients to meet their financial goals by pairing prudent financial planning and advice with sophisticated alternative investment management. In merging with AlphaCore, Steve and Rick will be able to access AlphaCore’s expertise in financial planning, alternative investment research, proprietary risk analysis software, and compliance and operational support, to best help their clients achieve financial success over time.
“Philosophically, our firms share the same vision of ensuring we put our clients first while striving to make a positive impact on their financial well‐being. The next ten years across the investment universe won’t look like the last ten years, and we’re excited to be a part of AlphaCore to best help our clients navigate these unprecedented times by emphasizing sophisticated alternative investment strategies to manage their wealth.”Steve Deppe.
“We are excited to join the AlphaCore team. Given their wealth management philosophy and strong team culture, we are eager to leverage our collective expertise to help our clients enhance their wealth management experience.”Rick Nerad.
Dick Pfister, CEO and Founder of AlphaCore commented, “Rick and Steve are integral additions to the AlphaCore team because of their expertise and great care they have provided their clients since their firm began. AlphaCore has been attracting advisors because we believe methods of asset allocation, client communication and financial planning should evolve with the changing markets. Advisors like Rick and Steve are looking to be a part of something bigger, and to work alongside like-minded individuals who believe in putting the interests of the clients first. AlphaCore provides that to them and their clients, as well as the most current financial technology offering. AlphaCore’s proprietary risk analytics tool – factorE – allows our advisors the ability to assess factor risk across multi-asset portfolios. We believe these features, along with our excellent team culture, affords advantages to our clients and makes a difference to everybody involved.”
This announcement comes on the heels of being recognized by the San Diego Business Journal as one of the Top 100 Fastest Growing Private Companies in San Diego. “We are honored to receive the award. Our growth rate is a derivative of making the AlphaCore clientele our priority. Second, we would not have made it this far without an incredible team and culture at AlphaCore.” said Kirk Strawn, Chief Strategy Officer at AlphaCore Capital.
This is the third strategic integration AlphaCore has completed in the past 24 months. The firm has a pipeline of future integration and will continue to expand nationally.
The AlphaCore team consists of talented team members holding the industry’s most recognized designations, such as CFA, CAIA, CMT, and CIMA. By joining AlphaCore, advisors can focus on what they do best, which is to optimize their financial planning capabilities and investment management skills in order to make a positive impact on their client’s financial well‐being over the long term. Furthermore, AlphaCore’s back office team provides additional support to meet client service needs.