After September 11, 2001, AFG Founder Harry Abrahamsen realized that he wanted to do something different with his career and realized how important it is to properly protect yourself from unexpected life events. Three years after that tragic event, Abrahamsen Financial Group was founded in January of 2004. Harry built his financial practice from the ground floor up by offering sophisticated insurance-based planning and creating customized pensions plans for his clients. In the years since, the practice has evolved to include strategic macro planning, tax strategies, wealth preservation and much more as we help savvy clients organize (and optimize) their financial lives.
AFG Tip : It is important to work the tax system. Legally.
AFG Tip : Combining actuarial science with managed money is the cornerstone to financial success.
AFG Tip : Pre-tax, post-tax and liquidity need to be coordinated.
At Abrahamsen Financial Group, we have built our business on the foundation of crafting individualized plans, protecting and growing wealth towards a worry free future. We prioritize the time spent getting to know you and your family. We believe that proactive planning forms the foundation for success, regardless of stock market volatility or other wealth eroding factors that can impact your future.SUCCESS STORIES
The success of our firm has been built on the core beliefs of educating our clients and working side by side with them through the easy times as well as the difficult times in their lives. Abrahamsen Financial Group carries on our legacy of exceptional service, and the use of our cutting-edge technology to enhance the overall client experience and outcomes. We are excited to build your future together.
There is virtually no situation in life that our team has not seen and helped our clients navigate over the years. We are committed to a family-first motto and to always providing innovative strategies and solutions that address the holistic needs of our clients. We also remain independent in terms of the companies we choose to work with.
Industry HonorsClearly, we're not the only ones who believe in what we're doing.
Remarkable ClientsEach with their own unique story and goals.
Passage of the Glass-Steagall ActAn event that forms the backbone of our firm's belief system.
Global recessions navigated without
(And one Global Pandemic)
How (and why) THE 1933
Glass-Steagall Act has
molded our firm's core
belief system to this
In 1933, in the wake of the 1929 stock market crash and during a nationwide commercial bank failure and the Great Depression, two members of Congress introduced the Glass-Steagall Act, that would separate investment and commercial banking activities. The Glass-Steagall Act was landmark banking legislation that separated Wall Street from Main Street by offering protection to people who entrust their savings to commercial banks.
Unfortunately, most of the Glass-Steagall Act was repealed in 1999 by the Gramm–Leach–Bliley Act. Its protections and restrictions had also been chipped away during most of its existence by lenient regulatory interpretations and use of loopholes.
Later, as the 2008 Great Recession and other issues played out in the United States and globally, the argument arose that Glass–Steagall, as originally intended, may just have prevented or at least greatly mitigated these problems.
The financial crisis of 2008 opened many eyes to the huge disconnect between clients and the large institutions that represented them. These companies had leveraged their client’s dollar for their own financial gain and then had to do everything possible to protect themselves from the impacts of the crisis. It was then that we realized it was important for us to create a firm committed to being our client’s advocate.