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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.

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.

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.

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Inside Nancy Pelosi’s Husband’s $5 Million Alphabet Options Windfall

Did Paul Pelosi, the husband of House Speaker Nancy, profit off of insider Beltway scuttlebutt in June to make about $5 million?

WealthTech

SMArtX Advisory Solutions Expands Platform with 56 New Strategies and Proprietary ETF Model Portfolios

SMArtX has announced the launch of 56 new strategies in July, bringing the total number of broadly available strategies on the platform to 832.

WealthTech

Collaboration With WealthTech Is The Way Forward In This ‘New Frontier’

The past year-and-a-half has seen seismic change of both the hearts and minds within the wealth management sector.

WealthTech

Broadridge to Distribute TIFIN's Suite of Wealth Management Solutions, Accelerating Growth for Financial Advisors

Broadridge will integrate and distribute a range of TIFIN's Fintech wealth solutions that enable advisors to create hyper-personalized solutions for their clients.

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

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2024 Data Breach to Cost Fidelity $1.25M

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Analyst Alleges Wrongful Termination by FINRA Due to Emergency Medical Leave

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AI Is Rapidly Reshaping The Wealth Advisor Operating Environment

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