Ameriprise Financial

The firm added an experienced advisor from Wells Fargo after recruiting 72 other tenured reps in the second quarter.

The Advice & Wealth Management segment added 72 experienced advisors who affiliated in the second quarter.

Clients seeking to recoup some $14 million in damages have received only 12% of their total claims, according to an SEC-appointed receiver.

The regional BD continues its accelerated expansion with the addition of three ex-wirehouse teams, including a father-son duo.

The BD’s employee channel is attracting more independent reps through offerings like technology and practice acquisition support.

The firm is looking at a range of “different opportunities” for potential wealth management deals, CEO Jim Cracchiolo says.

Just over half of clients expect it will be harder for the next generation in their family to feel comfortable financially.

The newest recruits are indicative of the firm's hiring push.

The case could bring unwelcome scrutiny of Wall Street's compensation and employment practices.

Jamie Grupe will be teaming with veteran Ameriprise advisor Steve Kinney.

One of the new hires is an industry veteran of 50 years.

The $314 million team made the change after deciding it was a better fit culturally

The firm suffered from market volatility in the fourth quarter.

This is the first career move by Angie Messer and Greg Rust, who worked at the regional BD for 10 and 27 years, respectively.

The broker is the fifth advisor this month to part ways with Raymond James.

Brokerage firms have been filing more lawsuits against former employees over alleged violations of non-solicitation agreements.

Jim Cracchiolo aims to boost the number of clients receiving comprehensive plans through a series of tech upgrades for advisors next year.

The brokers moved their practices to rival firms Ameriprise and William Blair.

The ongoing shift away from commissionable products is driving major changes in the space.