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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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RIA Knowledgebase

As financial advisor workforce ages, what will it mean for retirement plans?

Demographic shift might have ripple effects beyond the advisors’ own companies.

RIA Knowledgebase

Broker count declines as the number of RIAs grows, FINRA's yearly tally shows

FINRA-registered firms earned a combined $77.21 billion in pretax net income in 2020.

RIA Knowledgebase

SEC Obtains Final Judgment Against Financial Advisor Who Misappropriated Over $6 Million from Elderly Investors

The U.S. District Court for the District of Maryland has entered a final consent judgment.

RIA Knowledgebase

RIA Aggregation Firms Drive 401k Managed Account Adoption

While advisor managed accounts are new to the 401k and defined contribution market, they have gained notable traction among providers.

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Model Portfolios + Strategists

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

TAMPs

SEI: Leading in an Age of Abundant Intelligence

Washington Wire

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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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