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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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Advisor Wellness

Former Advisor Found Guilty of Fraud and Money Laundering

Jeffrey Slothower, a former registered investment advisor from New York, has been found guilty on three counts of fraud and money laundering.

Companies

Jamie Dimon Says The End To His Time As JPMorgan CEO Is 'Not 5 Years Anymore'

Jamie Dimon making it clear on Monday, the CEO of JPMorgan Chase now envisions a day when he will no longer run the largest US Bank.

Washington Wire

FDIC Chair Martin Gruenberg Will Resign

Martin Gruenberg, head of the FDIC, will step down following a scathing independent investigation.

TAMPs

Smartleaf Powers Zoe Financial's Personalized Rebalancing Systems

Designed for scalability, Smartleaf’s system will enable Zoe to grow rapidly while delivering exceptional portfolio management to investors. 

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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

RIA Knowledgebase

AI Is Rapidly Reshaping The Wealth Advisor Operating Environment

TAMPs

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

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