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Ameriprise Wealth and Advice Asset Inflows Decline Amid Advisor Attrition

by The Wealth Advisor Contributor
Ameriprise Financial saw total client net asset inflows in its wealth and advice division decline year over year in 2026 and said it expects advisor attrition to continue into the second and third quarters.

Featured

Declining Quarterly Results in Ameriprise Advisor Departures

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.

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.

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

Bank of America’s so-called “sleep like a baby” portfolio—constructed for resilience rather than headline performance—is delivering one of its strongest years on record.

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ETF Innovators

GOAU ETF: Insights from U.S. Global Investors on Gold Investment Strategies

U.S. Global Investors takes a deep dive into the macroeconomic, geopolitical, and cultural factors influencing gold prices. See how that expertise in the gold market informs the construction of USGI’s GOAU ETF, which uses a multifactor approach to select high-performing stocks. With investment in physical gold, GOAU offers a hedge against economic risks and inflation.

Events

Morgan Stanley Executive Chairman James Gorman Will Step Down at Year End

Morgan Stanley's executive chairman James Gorman told the bank's annual shareholder meeting on Thursday that he would step down on Dec. 31.

News

Ex-Citi Banker Says She Was Fired for Refusing to Give False Data to Regulator

Former managing director at Citigroup sued bank and COO alleging she was fired for opposing what she said were attempts to give regulators false info.

Portfolio Construction

Charles Schwab to Roll Out Alternatives Platform For Qualified Investors

Charles Schwab Corp. is planning to roll out an alternative investments platform in phases for individual investors this year.

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Washington Wire

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

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AI Is Rapidly Reshaping The Wealth Advisor Operating Environment

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Citi Wealth Introduces AI-Powered Client Assistant Built on Google's Technology Stack

The Trust Advisor

A High-Profile Divorce Highlights Several Planning Considerations for Wealth Advisors

WealthTech

VastAdvisor Is Building the Growth Infrastructure Wealth Management Never Had

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