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Other - NOVEMBER 10, 2017

DFPG Investments acquires American Financial Network

by Andrea Waitrovich

DFPG Investments has acquired American Financial Network.

Calabasas, Calif.–based AFN was founded more than 30 years ago, building its assets under management to $336 million.

In July, DFPG acquired Provo, Utah–based Riggs Capital Management, which manages $220 million in assets.

And in May, Coughlan and Coughlan Financial Solutions (CCFS), located in Kingfisher, Okla., joined DFPG. CCFS is operated by Jake Coughlan and his father, Jim Coughlan. Prior to joining DFPG, CCFS was a branch office of Wilbanks Securities, which is located in Oklahoma City.

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