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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.

SEI: Leading in an Age of Abundant Intelligence

I have been to multiple leadership and AI summits in the last few months. As I reflect on all the ideas and insights shared, the most important one for me is a quiet truth that I have been feeling deeply for a while now.

2024 Data Breach to Cost Fidelity $1.25M

Fidelity Investments has agreed to pay $1.25 million to resolve allegations bro

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Biden to push trillions in investment, plead for police reform in Congress speech

Biden plans to unveil a sweeping $1.8 trillion package for families and education in his first joint speech to Congress on Wednesday.

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TD Bank trial in $4.5 bln Stanford Ponzi scheme lawsuit ends

Liquidators of the collapsed Antigua bank of former financier Robert Allen Stanford are seeking $4.5 billion in damages is expected to end Wednesday.

Crypto4Advisors

State Street to provide tech for institutional Bitcoin trading platform

Currenex, a State Street-owned FX platform, will provide its infrastructure for the Pure Digital cryptocurrency exchange.

Crypto4Advisors

Tesla Sold Bitcoin in Q1 for Proceeds of $272M

The sale trimmed Tesla’s position by 10%, Tesla CFO Zach Kirkhorn said on an earnings call Monday.

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Model Portfolios + Strategists

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

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

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

RIA Knowledgebase

AI Is Rapidly Reshaping The Wealth Advisor Operating Environment

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Analyst Alleges Wrongful Termination by FINRA Due to Emergency Medical Leave

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