Ameriprise launched into spring with a spate of new recruits from the four wirehouses and LPL.
In the past month, the Minneapolis-based firm has added seven top advisors to its employee division and one to its independent channel.
On Friday, industry veteran Norman Howarth moved to Ameriprise from LPL in Charlestown, Mass. He comes with 26 years of industry experience and managed $195 million.
In Virginia Beach, Va., Ameriprise snapped up Bill Patton from Morgan Stanley. Patton, who started at Painewebber in 1980, joined Smith Barney in 1992 and remained at that firm through a series of mergers until last week. He manages $150 million in client assets.
Jay Geaslen joins Ameriprise from Merrill Lynch. He moved into the firms Atlanta office in mid-April and has $194 million in assets. Geaslen began his career in 1991 and had been at Merrill Lynch since 1999, according to records with the Financial Industry Regulatory Authority.
In Florham Park, N.J., the firm recruited the father-son team of Donald Jones and Trevor Jones from UBS. They produced $978,000 and have almost three decades of experience between then. Donald Jones began his career in 1990, and Trevor Jones started at UBS in 2008.
Three advisors joined from Wells Fargo. The father-son team of Jon T. Nelson and John J. Nelson managed $125 million in assets and are both legacy A.G. Edwards advisors. Jon Nelson started at Waddell & Reed in 1973, and John Nelson began at A.G. Edwards in 2006. They moved into the Fairfield County, Conn., office in late April.
The firm added Leasha Flammio-Watson to its independent channel in late March. She managed $90 million in assets at Wells Fargo and is located in Orlando, Fla.
As of the end of March, the firm had 9,777 advisors total, 7,474 of whom were in the franchise division and 2,303 of whom were employees of the firm.
