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Declining Quarterly Results in Ameriprise Advisor Departures

by The Wealth Advisor Contributor
Ameriprise Financial’s latest quarterly results underscore the ongoing tension between organic growth strategies and industry-wide competitive pressures, particularly around advisor retention and recruiting. For wealth advisors and RIAs, the firm’s performance offers a useful case study in how large platforms are navigating asset flows, partnership transitions, and the escalating battle for talent.

Featured

Central Bank Expected Not to Make Interest Rate Move

The Federal Reserve enters this week’s policy meeting facing a complex macro backdrop shaped by persistent geopolitical risk and uneven inflation dynamics.

New CIO For Northern Trust's Family Office Unit

Northern Trust Wealth Management on Monday named Beata Kirr as CIO of its global family office group, the firm’s platform serving family offices and high net worth clients.

Oil Prices May Spike Again As 'Something is Off' With the Current Math, JPMorgan Says

Nine weeks into the Iran war, the global economy continues to lose record volumes of oil supply — yet prices have remained relatively contained and well below all-time highs.

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Barclays, BNP Paribas see equities bonanza outweigh fixed income slide

Barclays and BNP Paribas reported bumper first-quarter profits on Friday.

Washington Wire

FINRA Warns Arbitration Clauses Aren't Foolproof

When an investor signs such a clause they are not waiving the right to participate in class-action lawsuits, the regulator warns.

RIA Knowledgebase

Archegos Blowout Leaves Regulators Fired Up, Shareholders Angry

Closer to home, U.S. regulators risk overstepping as they push for changes to disclosure rules, according to some market observers.

RIA Knowledgebase

How advisors can help families start smart with the expanded Child Tax Credit

Stimulus packages passed throughout the pandemic have created opportunities for advisors to be more proactive in financial planning for families.

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Popular

Model Portfolios + Strategists

“Sleep Like a Baby” Portfolio is Delivering One of Its Strongest Years on Record

Washington Wire

Kevin Warsh Outlines A Potential Shift In How The Fed Measures Inflation

TAMPs

SEI: Leading in an Age of Abundant Intelligence

TAMPs

Dynasty Financial Partners Named Official Wealth Management Partner of the United Football League

RIA Knowledgebase

AI Is Rapidly Reshaping The Wealth Advisor Operating Environment

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