Financial Gravity Announces Successful Completion of Transaction and $150 Million Increase in Assets Under Management

Financial Gravity Companies, Inc. (OTC: FGCO) is excited to announce the successful completion of a transaction with CAMBRIDGE CAPE COD ADVISORS, LLC. The transaction closed on June 6, 2023, and will result in increased cash flow and access to additional revenue streams for Financial Gravity.

As part of the transaction, Financial Gravity has gained access to the tax and investment advisory services of Cambridge Cape Cod Advisors, LLC and its owner, Gregory C. Fenton, CFP, a prominent financial planner in the investment advisor/tax preparation industry located in Massachusetts. This will bring more depth to Financial Gravity’s already talented team and will drive growth and improve efficiency.

The transaction will also result in a net increase of approximately $150 million in assets under management at Financial Gravity’s asset management subsidiary, Financial Gravity Asset Management, Inc. This increase reflects the continued growth and success of the company in delivering exceptional financial services to its clients.

“I am pleased to join the Financial Gravity team,” states Fenton. “I have searched for the right partner who will listen to my goals and to the role that I want to play in transitioning my practice in the next few years. Financial Gravity’s approach is focused on my needs and the needs of my clients.”

“We are delighted to have successfully completed this transaction with Cambridge Cape Cod Advisors, LLC. and Greg Fenton and to increase our assets under management by $150 million,” said Scott Winters, Financial Gravity’s CEO. “This is a significant milestone for us and a testament to our commitment to providing our clients with the best possible financial services and our dedication to excellence in all aspects of our business.”

Financial Gravity is committed to continuing its growth and success in the financial services industry. We are confident that this increase in assets under management will allow us to better serve our clients and provide them with the high-quality financial services they have come to expect from us.

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Contact Financial Gravity

1-800-588-3893
2501 Ranch Rd 620 S, Ste 110 Lakeway, Texas 78734

Financial Gravity employees are offered insurance through United Healthcare. To access the machine-readable files created and published by UnitedHealthcare, please click here.

© 2024 Financial Gravity Companies, Inc. 

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