Tag: Ameriprise
Ameriprise Recruits $500 Million Team from LPL Financial
Ameriprise Financial Inc. (NYSE: AMP) announced that Voyage Financial Group, a wealth management practice with nearly $500 million in client assets, has joined the...
Ameriprise Advisor With $143 Million in Assets Rejoins Company After 26...
Ameriprise Financial (NYSE: AMP) announced that financial advisor Timothy O’Connor recently rejoined the franchise channel after spending the last 26 years at Merrill Lynch,...
Ameriprise Adds Former Morgan Stanley Team With $321 Million in Assets
Financial advisors Ron Phelps and Jacob Hamus recently joined the employee channel of Ameriprise Financial (NYSE: AMP) after spending 24 years and 11 years...
Ameriprise Adds Two Teams with $286 Million in Total Client Assets
Ameriprise Financial (NYSE: AMP) has recruited two teams with $286 million in combined assets under management. Father-son duo, Robert Bonwell Sr., and Robert Bonwell...
Ameriprise Adds Two Teams with $272 Million in Client Assets
Ameriprise Financial (NYSE: AMP), a financial services firm with approximately 10,000 financial advisors, has added two teams with $272 million in combined assets under...
Federal Jury Convicts Broker and Investment Adviser on 21 Counts of...
Leon Vaccarelli, a Connecticut-based broker and investment adviser previously charged by the Securities and Exchange Commission, was found guilty by a federal jury on...
Securities America Recruits Former Ameriprise Group with $459 Million in Client...
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS), has recruited Syntegra Private Wealth Group, a group of...
LPL Adds Former Wells Fargo Advisor to Existing Firm Gladstone
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Breandan Kelly has joined the company from Wells Fargo Advisors, and will...
LPL Financial Adds Three Former Ameriprise Financial Advisors to Platform
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Michael Bonevento, James Costabile and Craig Laday to its broker-dealer and corporate...
Capital Square 1031 Adds Two to Sales Team
Capital Square 1031, a real estate investment and management firm specializing in tax-advantaged Delaware statutory trust offerings, has hired Brad Kahan and Ryan Fischer...
Husband-Wife Team Join Cetera from Ameriprise
Cetera, a network of independent broker-dealer firms, announced that husband-and-wife financial advisory team, Joseph and Pamela Malara, have joined the Cetera Investment Services platform....
SEC Fines Ameriprise $4.5 Million for Failing to Prevent Theft by...
The Securities and Exchange Commission has fined Ameriprise Financial Services Inc. $4.5 million for failing to safeguard retail investor assets from theft by five...
FINRA Suspends Former Baird Broker for Borrowing $70,000 from a Client
The Financial Industry Regulatory Authority issued a five-month suspension and $10,000 fine against broker Patrick Jermaine Phillips for borrowing funds from a client and...
Ameriprise Grows Retail Client Assets to Record $566 Billion in 2Q18
Ameriprise Financial Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, reported strong growth during the second quarter of 2018 across a number...
FINRA Bars Former Ameriprise Rep for Unauthorized Trades, Failure to Respond
The Financial Industry Regulatory Authority has barred a former Ameriprise Financial Services Inc. representative for failing to timely respond to their request for information...
Connecticut Adviser Indicted for Scheme to Defraud Investors
Leon Vaccarelli, a defendant in an ongoing SEC litigation, was indicted on multiple counts of mail fraud, wire fraud, and money laundering in connection...
Ameriprise Reports Strong Growth in 1Q18, CEO Supports SEC Advice Rule
Ameriprise Financial Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, reported strong growth during the first quarter of 2018 across a number...
Waddell & Reed Names New Chief Compliance Officer
Waddell & Reed Financial Inc. (NYSE: WDR) has appointed 26-year industry veteran Elizabeth Hansen as senior vice president and chief compliance officer of its...
SEC Fines Ameriprise for Overcharging Retirement Account Clients
The Securities and Exchange Commission announced that Ameriprise Financial Services has agreed to settle charges for recommending and selling higher-fee mutual fund shares to...
Ameriprise Reports Strong Performance in 2017
Ameriprise Financial Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, reported strong growth in the fourth quarter of 2017, including net revenues...
