Ameriprise
RayJay’s Alex. Brown Hires UBS Broker in Miami, Wells Veteran Goes Independent
The high-net-worth division of Raymond James nabbed UBS broker who oversaw $110 million of client assets, while a wirehouse veteran in the Midwest who was with Wells for almost 15 years went independent with Ameriprise.
Ameriprise Lures Three Teams Amid Coronavirus Crisis
In the past month, four advisors in Wisconsin and New Jersey overseeing $595 million joined Ameriprise’s employee channel, while a North Dakota solo practitioner left Wells Fargo’s FiNet after nine years for Ameriprise’s independent channel.
Coronacrash Update: Ameriprise Financial’s Jim Cracchiolo & Tony Sirianni
AdvisorHub’s Publisher & CEO — Tony Sirianni — asked executives from top firms their opinions on the dual management of…
Edward Jones Suspends In-Person Client/Broker Meetings
Biggest retail brokerage bars client access to its more than 15,000 offices and home visits by brokers as firms seek to flatten the coronavirus contagion curve.
$2-Million Merrill Producer in L.A. Moves Mid-Crisis to Rockefeller
Move on Monday followed that of a 19-year Ameriprise veteran in San Diego on Friday to Wells Fargo.
Merrill Teams, Including One Led by 50-Year Vet, Change Jerseys
Rhode Island broker believes he can more easily transition his book to his son at Ameriprise, while colleagues in Alabama and California take Wells Fargo deals.
Ameriprise Casts Lure Into Morgan Stanley, Wells Fargo, UBS
Wirehouse brokers in Atlanta, Connecticut and Massachusetts, each with more than $1 million of client accounts, joined Amerirprise’s employee channel on Valentine’s Day.
Morgan Stanley Winnows Recruiting Loan Balances to Below $3 Billion
With the end of a hiring freeze that reduced its overhang of balance-sheet loans by 29% since 2017, the wirehouse is now back in the recruiting game.
Recruiting Loans Surge at Ameriprise, LPL
Ameriprise’s loans to advisors rise almost 16% and LPL’s by close to 45% as companies who work primarily with independent contractors ramp up recruiting deals.
Wells Hires from UBS, RBC from Merrill, LPL from Ameriprise
Broker who jumped to Wells in Ohio had been managing $258 million in assets, while newly minted RBC brokers had managed $192 million.
Ameriprise, Stifel Diverge in Q4 Recruiting Success
Ameriprise lost a net 59 advisors last quarter to end the year with 9,871, while Stifel added 30 to end 2019 with a force of 2,222.
