Allegiant Private Advisors Announces Management Succession with Promotion of Benjamin W. Jones, CFP®, AIF® to President

APA Jones 3x4HI RGBAllegiant Private Advisors, an independent firm offering fiduciary-level financial planning and investment advisory services, has announced the promotion of Benjamin W. Jones, CFP®, AIF®to the role of President. Jones, who currently serves as Allegiant’s Chief Investment Officer, will formally transition into the leadership position by the year-end. Allegiant Private Advisors Co-Founder Martin Kossoff, CFP®, AIF®, who has served as President since the firm was established in 1997, will assume the role of Chairman. 

“Our commitment, rooted in a unique team approach to customized wealth management, remains resolute,” said Jones. “Under Marty’s leadership, Allegiant was created as a company with staying power, permanence and lasting value, employing a talented team who believes in the vision to create, enhance, and maintain the most trusted independent financial advisory firm in the region.  I look forward to leading the firm as we continue to serve, advise and guide our clients and their families for generations to come.” 

“Ben’s professional ascension through the years has been a great success story on many levels. This promotion and management succession plan is a natural internal leadership transition,” continued Kossoff.  In Kossoff’s new role as Chairman, he will step back from the daily workflow and management of the firm, but continue to be involved with a focus on enhancing the company’s performance, growth and efficiency.

Jones joined Allegiant Private Advisors in 2005, and has been active in the community through local non-profit organizations and professional associations including the Lakewood Ranch Business Alliance, Young Leaders Alliance, the Greater Sarasota Chamber of Commerce and Forty Carrots Family Center. He is an alumnus of Leadership Sarasota, was named to the prestigious 40 Under 40 list by the Gulf Coast Business Review* in 2009, and recognized in Forbes’ Top 1,000 Next-Generation Wealth Advisors List in 2018.** Jones graduated from Bates College with a dual degree in Economics and East Asian Studies. He has earned his CERTIFIED FINANCIAL PLANNER™ certification, as well as the Accredited Investment Fiduciary® designation.


 

*The Gulf Coast Business Review 40 Under 40 List recognizes young leaders who have distinguished themselves in their professions and communities through economic, civic and charitable contributions. This award is not specific to financial services and does not imply an endorsement, recommendation, or otherwise reflect the performance of the advisor or any account.

**The 2018 ranking of Forbes' Top 1,000 Next Generation Wealth Advisors(1) recognizes advisors born in 1980 or later with a minimum of four years of experience. Advisors were rated based on a proprietary algorithm of qualitative and quantitative criteria: assets under management, revenues generated for their firms, client retention, industry experience, credentials, and compliance records. SHOOK Research also employs an opinion-based weighting system that prioritizes its preferred “best practices," which include business models, activities, processes, and structure. Overall, 5,832 advisors were considered, and 1,000 (17 percent of candidates) were recognized. Click ["https://www.forbes.com/sites/rjshook/2018/07/25/methodology-forbes-top-1000-next-gen-wealth-advisors/" \l "29648b4c6e68"here] for the full methodology(2) that Forbes developed in partnership with SHOOK Research.

1) This recognition and the due-diligence process conducted are not indicative of the advisor's future performance. Your experience may vary. You are encouraged to conduct your own research to determine if the advisor is right for you. 

(2) Portfolio performance is not a criterion due to varying client objectives and lack of audited data. SHOOK does not receive a fee in exchange for rankings