Articles from Ameriprise Financial

Financial advisor Ronnie Sansom, CFP®, recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Edward Jones with $110 million in assets. His practice is located in Andalusia, Alabama and includes Branch Administrator Karen Philpott.

For the 15th consecutive year, Ameriprise Financial is partnering with Feeding America®, the nation’s leading domestic hunger-relief organization, to help provide meals for families and individuals ahead of the holiday season. On Nov. 14, more than 3,100 of the firm’s employees, advisors and clients will volunteer at Feeding America-partner food banks and other hunger-relief nonprofits across the country to serve meals, sort bulk food donations, stock shelves and host food drives to make a collective impact. The event is part of the firm’s National Day of Service, which the company organizes each year to help people experiencing hunger in communities across the country. Ameriprise volunteers have dedicated 400,000 hours toward hunger relief since the inception of the firm’s National Days of Service.

Q5 Wealth Management, a team of five financial advisors managing $1.5 billion in client assets in Houston and Beaumont, Texas, recently expanded with the addition of financial advisor Scott Guptill, CFA. Q5 joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) in August 2024 after a successful transition from UBS Financial Services, Inc. with a desire to significantly grow their practice by leveraging the sophisticated resources at Ameriprise. Less than three months later, the team is capitalizing on the opportunities at Ameriprise with the addition of Guptill, who manages $100 million in client assets in Houston. He was previously registered with Morgan Stanley.

Ameriprise Financial (NYSEAMP) today announced that 21 of the firm’s financial advisors have been recognized on Barron’s “Top 100 Independent Financial Advisors” ranking. Each year, Barron’s identifies the nation’s top 100 independent advisors based on various factors that contribute to success in the business. Advisors are ranked on the volume of client assets overseen by their teams, revenues generated for their firms, and the quality of their practices including a high level of ethical standards.

Financial advisor Michael Cruz recently joined the branch channel of Ameriprise Financial, Inc. (NYSEAMP) from Wells Fargo Clearing Services, LLC with $100 million in assets in Temecula, Calif.

Ameriprise Financial (NYSEAMP) has been named by Newsweek as one of “America’s Greatest Workplaces for Women 2024.” The list ranks U.S. companies with the highest overall employee survey scores on topics including willingness to recommend, drivers of satisfaction (e.g., work-life balance, compensation), publicly available key performance indicators (e.g., ratio of women in management) and public reputation.

American investors in committed relationships overwhelmingly trust their spouses or partners on money matters (95%) and share similar goals for retirement (93%), but some haven’t reached consensus on emotionally-charged decisions such as how much they need to save or what will happen to their money after they pass away, according to new research released today by Ameriprise Financial (NYSEAMP).

More than 750 advisors, staff members and corporate leaders from Ameriprise Financial (NYSEAMP) recently gathered in Orlando, FL and Atlanta, GA for the firm’s seventh annual Women Advisor Summits. Two separate three-day events featured powerful keynote speakers, best practices from top women advisors and Ameriprise executives, and breakout sessions focused on creating a differentiated client experience while growing and expanding advisors’ practices.

Ameriprise Financial (NYSEAMP) today announced Kinecta Federal Credit Union, a member-owned financial institution, will transition the support of Kinecta Wealth Management from LPL Financial to the Ameriprise Financial Institutions Group (AFIG). Kinecta Wealth Management includes approximately 20 financial advisors with more than $2 billion in assets with offices in California and New York. The conversion is expected to be complete by the end of 2024.

Ameriprise Financial (NYSEAMP) today announced that 68 of its financial advisors were named to the 2024 Barron’s “Top 1,200 Financial Advisors” list. Barron’s recognizes the industry’s top advisors according to several factors including professionalism, philanthropic work and success in the business. The rankings are based on data provided by more than 6,000 of the nation’s most productive advisors.

Ameriprise Financial (NYSEAMP) today announced it received the Bank Insurance and Securities Association (BISA) Technology and Innovation Award for its exclusive eMeeting capability, which financial advisors use to simplify and enhance their meeting-prep process. With e-Meeting, Ameriprise financial advisors and their staff can create fully-customized and professionally-branded client presentations, freeing them up to spend more time with clients and grow their practices. eMeeting is fully integrated into the firm’s Customer Relationship Management (CRM) system and has been used by Ameriprise advisors to create more than 1 million client presentations since being introduced in 2022.

As part of its commitment to being the firm of choice for women financial advisors, Ameriprise Financial (NYSEAMP) is hosting events aimed at attracting more women into careers in the financial services industry. Ameriprise “Career Compass” events are designed to help women with varying levels of experience explore a career as financial advisors or consider other rewarding positions that can help clients secure their financial future. Women who are seeking to make a career change or re-enter the workforce after time away are invited to join. Recent or soon-to-be college graduates interested in learning more about available careers are also encouraged to participate. Registration is now open for the February 22 virtual event (register for the event).

Pacific Crest Planning, a wealth management practice managing over $525 million in client assets, recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from RBC Capital Markets, LLC in Kennewick, Wash. Private wealth advisor Ryan Sullivan CFP®, CLU®, ChFC® leads the team, which includes private wealth advisor Kyle Blodgett, CFP®, financial advisors Niles Gale and Landra Macy, and four support staff members.

Financial advisor Bill Peacock, MBA recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from LPL Financial in San Angelo, Texas with more than $110 million in client assets.

Financial advisor Bruce Kunkle MBA, CFP®, RICP®, recently joined the branch channel of Ameriprise Financial, Inc. (NYSEAMP) from Wells Fargo with over $100 million in assets in Conshohocken, Pennsylvania. Kunkle joined Ameriprise for comprehensive financial solutions and growth opportunities.

For the fifth year in a row, Ameriprise Financial (NYSEAMP) has received a J.D. Power certification for delivering an “outstanding customer service experience” to its financial advisors who contact the company by phone for support. The Ameriprise Advice & Wealth Management and RiverSource call centers earned the recognition after surpassing the benchmarks in the J.D. Power Certified Customer Service ProgramSM. The program certifies contact centers across all industries that exceed the high J.D. Power standards following a rigorous evaluation and comprehensive survey of advisors’ recent servicing interactions.

What does it take to become a millionaire? New research from Ameriprise Financial (NYSEAMP) confirms that it comes down to practical behaviors and discipline around money.

For the 14th consecutive year, Ameriprise Financial is partnering with Feeding America®, the nation’s largest domestic hunger-relief organization, to help provide meals for families and individuals facing hunger ahead of the holiday season. On Nov. 2, more than 3,300 of the firm’s employees, advisors and clients are volunteering at the Feeding America network of local food banks and other nonprofits across the country to sort bulk food donations, stock shelves, serve meals and host food drives to make a greater impact. The event is part of the firm’s National Days of Service, which the company organizes twice a year to help people experiencing hunger in communities across the country.

Financial advisor Nicole Boulais, AAMS®, recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Raymond James where she managed $170 million in client assets. Boulais joined an established Ameriprise practice, The McCulla Group, in Pella, Iowa, which is led by Ameriprise private wealth advisor Matthew McCulla, CFP®.

Ameriprise Financial (NYSEAMP) today announced that 13 of the firm’s financial advisors have been recognized on Barron’s “Top Independent Financial Advisors” ranking. Each year, Barron’s identifies the nation’s top 100 independent advisors based on various factors that contribute to success in the business. Advisors are ranked on the volume of assets overseen by advisors and their teams, revenues generated for their firms, and the quality of the advisors’ practices including a high level of ethical standards.

For the 12th consecutive year, Ameriprise Financial, Inc. (NYSEAMP) will match donations to Feeding America® (up to $250,000) to help the more than 34 million people in America who lack consistent access to food to live healthy and comfortable lives. With the Ameriprise match, each dollar donated through October 31 will help provide 20 meals* (double the standard donation) to families and individuals in need. Participation is easy and open to the public: visit www.feedingamerica.org/ameriprise to give online.

Ameriprise Financial, Inc. (NYSEAMP) today announced it has been named a “Best Place to Work for Disability Inclusion” by the American Association of People with Disabilities and Disability:IN for the fourth consecutive year. Ameriprise earned the distinction after receiving a score of 90 percent on the Disability Equality Index® (DEI), which measures tangible actions companies take in an effort to support disability inclusion including culture, leadership, enterprise-wide access, employment practices, community engagement and supplier diversity.

Ameriprise Financial (NYSEAMP) today announced Maps Credit Union, a member-owned financial cooperative with more than $1.3 billion in assets, has transitioned its investment program to the Ameriprise Financial Institution Group (AFIG) from CUSO Financial Services. The credit union’s investment program operates under the name Maps Investment Services and includes two financial advisors, Kyle King CRPC®, APMA®, and Wayne Muller, ChFC®, who help clients manage over $185 million in brokerage assets across 10 branches in the Willamette Valley Basin of Oregon.

More than 800 advisors, staff members and corporate leaders from Ameriprise Financial (NYSEAMP) recently gathered in Minneapolis for the firm’s annual Women Advisor Summits. Two separate three-day events featured compelling keynote speakers, insights from top women advisors and Ameriprise executives, and breakout sessions focused on practice growth and delivering exceptional client experiences.

Private Wealth Advisor Kathy Hobart CIMA®, AIF® recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Raymond James with $340 million in client assets. Hobart joined an established Ameriprise practice, Heritage Wealth Advisors in Mercer Island, Wash., which is led by Ameriprise Private Wealth Advisor Erin Scannell CFP®.

Two teams of financial advisors recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) with more than $760 million in combined client assets. Allan McClure, CFP®, CFA® and Daniel Bass, RICP® were previously with Synovus Securities, Inc. in Birmingham, Alabama where they managed $422 million in client assets. Separately, Todd Barrow, AIF®, Brent Powers and Brandon Jorge, MBA came from Raymond James with more than $340 million in client assets in Lakeland, Florida.

Ameriprise Financial (NYSEAMP) today announced The State Bank, an independently owned bank with more than $1.75 billion in assets, has transitioned its investment program to the Ameriprise Financial Institution Group (AFIG) from Cetera Financial Group. The bank’s investment program operates under the name The State Wealth Advisors and includes a team of six financial advisors who help clients manage over $154 million in combined brokerage assets across 20 locations in Michigan.

Ameriprise Financial (NYSEAMP) has been named to Newsweek’s list of “Most Trustworthy Companies in America” for the second consecutive year. The list, also in its second year, recognizes 700 companies in 23 industries.

Ameriprise Financial (NYSEAMP) in partnership with Feeding America®, is bringing together its employees, advisors and clients to make a collective impact in the mission to end hunger. As part of the company’s twice-annual National Days of Service, Ameriprise volunteers will pack meal kits, stock shelves, sort food and host virtual food drives to support the nearly 34 million people in America – including nine million children – experiencing hunger.

Ameriprise Financial, Inc. (NYSEAMP) today released details on how its exclusive eMeeting capability helps the firm’s financial advisors and operations staff deliver outstanding client experiences while saving significant time and expenses in their practices. eMeeting – which is fully integrated into the firm’s customer relationship management (CRM) system – creates fully-customized and professionally-branded client presentations in a matter of minutes.

Private Wealth Advisor David Sproles recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Edward Jones in Murfreesboro, Tennessee with over $100 million in client assets. Sproles was looking to enhance the experience he and his team provide to clients and found that Ameriprise delivered on every level.

Financial advisors Lauren Salas, CFP®, and Jan Klein recently joined the branch channel of Ameriprise Financial, Inc. (NYSEAMP) from Morgan Stanley with $154 million in assets. The team was attracted to the firm’s strong reputation for fostering a supportive community and client-first culture. Salas and Klein are joined by Registered Client Service Associate Ashley Leopold, Ameriprise Complex Director Daniel Landrau and Ameriprise Associate Branch Manager Ross Cammarata who support the team. They are based in Fort Lauderdale, FL.

Despite facing significant economic headwinds in their coming-of-age years, including the Dot-Com Crash, the Great Recession, and the Covid-19 pandemic, millennials – defined as investors ages 27 to 42 – have a solid financial foundation. Six out of 10 (61%) within this age group feel good about their finances, according to new research from Ameriprise Financial. Among millennials who work with a financial professional, three-quarters (76%) feel good about where they stand financially.

Saxon Advisors, a wealth management practice managing nearly $180 million in client assets, recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP). Garry Rutledge, AIF®, Brian Bushman, CRC®, and Donald McClurg, CRPC™, who operate Saxon Advisors in Cincinnati, Ohio, moved their practice to Ameriprise from Cambridge Investment Research Inc.

Financial advisor Russell Smith recently moved his $150-million-dollar practice to the branch channel of Ameriprise Financial, Inc (NYSEAMP) in Downers Grove, Illinois. Smith switched firms after two decades with Edward Jones for access to more resources and products to serve his high-net-worth client base. Client service associate Sheila Lindsay, who has 20 years of experience in the industry, and Ameriprise complex director Jay Hubbard support Smith’s practice.

Financial advisor Matthew De Vries, MBA, CFP®, AAMSTM, joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Edward Jones in Fargo, North Dakota. De Vries decided to move his practice to Ameriprise because of the firm’s positive reputation, flexibility, and comprehensive resources – all of which will enable him to provide an excellent client experience today and into the future. His team, called Surety Wealth Group, manages $125 million in assets, and has served clients for nearly 15 years.

Financial advisor Kim Garrison, CFP®, CIMA®, CTFA recently joined the branch channel of Ameriprise Financial (NYSEAMP) from Morgan Stanley in Springfield, Missouri with $185 million in client assets. Garrison was attracted to Ameriprise’s commitment to supporting women advisors, deep expertise in financial planning, and reputation for being client centric. She will operate out of a branch office recently opened in her area that is led by Ameriprise branch manager Michael Brun and supported by regional vice president Brian Mora.

Georgia-based Colony Bank recently launched a new wealth management program with Ameriprise Financial (NYSEAMP) as its broker-dealer. Following an extensive search, Colony selected the Ameriprise Financial Institutions Group (AFIG) to provide digitally-enabled, personalized financial advice and investment solutions to its customers. With 37 locations throughout Georgia, the bank will operate its wealth management program under the brand Colony Financial Advisors.

Virginia Credit Union (VACU), which serves more than 300,000 members out of 20 locations across Virginia, has moved its investment program to Ameriprise Financial (NYSEAMP) from CUNA Brokerage Services. Virginia Credit Union selected the Ameriprise Financial Institutions Group (AFIG) channel to provide an enhanced, digitally-enabled experience for its members. To reflect its newly expanded services, the credit union has rebranded its investment program to VACU Investment Group (VACUIG).

A top-ranked Barron’s financial advisor, Jennifer Marcontell, CFP®, ChFC®, AAMS®, CRPC®, APMA® and her team, recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Edward Jones in Baytown, Texas with $1.7 billion in assets. Marcontell and her team, who now operate under the name Marcontell Wealth Management, transitioned to Ameriprise to take their wealth management capabilities to the next level with enhancements offered by Ameriprise’s integrated technology platform. With innovative digital tools and improved efficiency for their practice, Marcontell Wealth Management is focused on delivering an exceptional, client-first service experience to the families they serve.

The Coastal Group, a wealth management practice managing $165 million in client assets out of two offices in Florida and Connecticut, recently joined the branch channel of Ameriprise Financial, Inc. (NYSEAMP) from RBC Capital Markets. The team was founded by Managing Director Marilyn Neckes, CIMA®, CRPS®, AAMS® and includes her sons, Financial Advisors Kyle Zingone

Ameriprise Financial, in partnership with Feeding America®, is bringing together its employees, advisors and clients to make a collective impact in the fight against hunger. As part of the company’s twice-annual National Days of Service, Ameriprise employees, advisors and clients will stock shelves, sort food and host virtual food drives to support the 38 million people in America, including 12 million children, struggling with hunger. A mix of in-person and virtual volunteer events will help the company engage more volunteers at a time when the rising price of groceries and other essentials is putting increased demand on foodbanks and the people they serve.

Private Wealth Advisor Christine Gustafson, founder and managing director of Phoenix Wealth Management, recently joined Ameriprise Financial, Inc. (NYSEAMP) from UBS with more than $450 million in client assets. Gustafson and her team operate out of their office in Phoenix. They selected Ameriprise because of the firm’s longstanding commitment to financial planning, industry-leading technology, and sophisticated investment research.

Ameriprise Financial, Inc. (NYSEAMP) has named Dawn Wolfgram, CLF® as a new Field Vice President to lead 385 independent advisors located in Indiana and Illinois who manage a combined $31.5 billion in client assets. Wolfgram has more than 30 years of experience in the wealth management industry and most recently served as a Regional Managing Director at Principal Financial.

Ameriprise Financial has been named to Newsweek Magazine’s first ever list of “America’s Most Trusted Companies.” The award recognizes 400 companies across 22 industries.

American National Bank of Texas (ANBTX), an independently owned bank with assets over $5 billion and more than 30 locations throughout North Texas, has transitioned its investment program to Ameriprise Financial (NYSEAMP). ANBTX joined the Ameriprise Financial Institutions Group (AFIG) from LPL Financial with a team of six financial advisors who help clients manage over $483 million in combined assets. The bank selected Ameriprise Financial Services, LLC as its new broker-dealer in order to enhance the experience it offers to clients with expanded capabilities, solutions, and technology.

Financial advisor Ed Gordon recently joined the branch channel of Ameriprise Financial Services, LLC (NYSEAMP) from Wells Fargo in Deerfield, Illinois with more than $125 million in client assets. Gordon joined Ameriprise to align with a client-focused firm that delivers a comprehensive investment platform, industry-leading technology, and deep financial planning capabilities.

For the third year in a row, Ameriprise Financial (NYSEAMP) has earned a J.D. Power Customer Service Certification for excellence in providing an “outstanding customer service experience” to financial advisors who call the firm for support over the phone. Ameriprise Advice & Wealth Management and RiverSource earned the certification following a rigorous evaluation and survey of advisors’ recent experiences with their contact center teams.

Ameriprise Financial has named Jay Hubbard as a new complex director to lead 70 advisors located in five branch offices in the Greater Chicago Metro: downtown Chicago, Deerfield, Downers Grove, Lake Zurich, Orland Park and St. Charles. Hubbard joined Ameriprise from Merrill Lynch.

Ameriprise Financial (NYSEAMP) is once again partnering with Feeding America®, the nation’s largest domestic hunger association, to make the holidays brighter for families facing hunger. The firm’s employees, financial advisors and clients are volunteering at nonprofits to serve meals, stock shelves, sort food or host virtual food drives to make a collective impact. The effort is part of the firm’s National Days of Service volunteer program that happens twice a year to help people experiencing hunger in communities across the country.

Ameriprise Financial today announced that 37 financial advisors were named to Working Mother Magazine’s 2021 list of the “Top Wealth Advisor Moms” in the country. The list recognizes successful mothers who work in the wealth management industry and care for children who are 21 years or younger. The advisors are ranked based on assets under management, revenue, industry experience, client retention and regulatory and compliance record.

Christensen Wealth Advisory Group, a wealth management practice managing in excess of $250 million in client assets in Edina, Minnesota, joined the branch channel of Ameriprise Financial, Inc. (NYSEAMP) from Wells Fargo. Private Wealth Advisor Jeremy Christensen leads the team, which includes financial advisors Bruce Olson and Anthony Tsakakis, and registered client service associate Cheryl Larsen. The team evaluated the marketplace for more than two years before deciding on Ameriprise, which they chose for its extensive client experience, financial planning, and practice management capabilities.

Financial advisor Reid Evans recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Raymond James in Pella, Iowa with $120 million in client assets. Evans joined Ameriprise for the opportunity to be independent and align with a client-focused firm. With the transition, Evans operates as a member of The McCulla Group, an Ameriprise practice led by private wealth advisor Matthew McCulla, CFP®.

Ameriprise Financial (NYSEAMP) today announced it is matching donations to Feeding America® in support of the 38 million Americans, including 12 million children, struggling with hunger. Every dollar donated (up to $250,000) now through Oct. 31, 2021 will help provide at least 20 meals to families and individuals in need when matched by Ameriprise.* In total, the campaign will help deliver 5 million meals* to Americans across the country. To participate in the Ameriprise matching campaign, simply visit: supportfeedingamerica.org/Ameriprise to give.

Texas-based Third Coast Bank SSB recently launched a new investment program, Third Coast Advisors, in partnership with Ameriprise Financial (NYSEAMP). The bank chose the Ameriprise Financial Institutions Group (AFIG) channel to serve as its broker-dealer after an extensive search and thorough evaluation of the company’s capabilities in comparison to competitors.

Financial advisor Jason Williams recently joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from BB&T Securities, LLC in Winchester, Virginia with nearly $200 million in client assets. Williams joined the firm for the opportunity to be independent and align with a client-focused firm that offers a wide range of products and services. Williams will also join The Myrias Group, which is led by Ameriprise private wealth advisor John Everson, CFP®, MS.

Ameriprise Financial (NYSEAMP) today announced that California Credit Union has moved its investment program to the Ameriprise Financial Institutions Group (AFIG). Serving more than 165,000 members with 25 branches across Southern California, California Credit Union selected the Ameriprise Financial platform to enhance and expand its investment solutions offering for its members. With 11 financial advisors located in San Diego and Los Angeles, the investment program currently manages $750 million in brokerage assets.

Ameriprise Financial (NYSEAMP) today announced that North Island Credit Union, a division of California Credit Union, has moved its investment program to the Ameriprise Financial Institutions Group (AFIG). Serving more than 165,000 members with 25 branches, the credit union selected the Ameriprise Financial platform to enhance and expand its investment solutions offering for its members. With 11 financial advisors across Southern California, the investment program currently manages $750 million in brokerage assets.

Financial advisor Kim Latimer, CFP® recently joined the branch channel of Ameriprise Financial (NYSEAMP) from Merrill Lynch in Houston, Texas with $211 million in client assets. Latimer was attracted to Ameriprise’s commitment to supporting women, and the depth of the resources the firm provides to serve her clients well. Ameriprise branch manager Britt Kornmann supports the team.

Ameriprise Financial (NYSEAMP) today announced it has been named a “Best Place to Work for Disability Inclusion” by the American Association of People with Disabilities and Disability:IN. The firm earned this distinction as a result of receiving a high score of 90 percent on the Disability Equality Index® (DEI), which is regarded as the most comprehensive benchmarking tool for disability inclusion in the workplace.

Ryan Thompson, MBA, CFP®, a financial advisor managing $110 million in client assets, joined the independent channel of Ameriprise Financial, Inc. (NYSEAMP) from Morgan Stanley in Shreveport, Louisiana. Thompson was looking for an opportunity to rejoin an independent platform, after spending six years as an employee advisor at his former firm. He conducted due diligence on a variety of firms over the last year and felt confident that moving to Ameriprise was the best fit for his practice.

Ameriprise Financial today announced that seven of the firm’s financial advisors were named to Barron’s list of the “Top 100 Women Financial Advisors” in the country. Barron’s magazine recognizes the industry’s top women advisors based on several factors, which include levels of professionalism and success in the business. The rankings are based on data provided by more than 4,000 of the nation’s most productive women advisors.

Ameriprise Financial (NYSEAMP) today announced it has signed an agreement with Randolph-Brooks Federal Credit Union (RBFCU) to provide their members with financial planning services. RBFCU is expected to fully transition its investment program, RBFCU Investments Group, to the Ameriprise Financial Institutions (AFIG) platform from CUNA Mutual by the end of the year.

Ameriprise Financial (NYSEAMP) has filed an application to convert Ameriprise Bank, FSB to a state-chartered industrial bank (IB) regulated by the Utah Department of Financial Institutions (UDFI) and the Federal Deposit Insurance Corporation (FDIC). The company is also filing an application to transition the FSB’s personal trust services business to a new limited purpose national trust bank regulated by the Office of the Comptroller of the Currency (OCC).

Ameriprise Financial (NYSEAMP) recently hosted its 4th annual Women Advisor Summit, gathering women advisors, field leaders and staff in recognition and celebration of their work on behalf of clients and to support their success through informative content and collaborative sessions.

Crosstown Financial Advisors, a wealth management practice managing $192 million in client assets, joined the independent channel of Ameriprise Financial, LLC (NYSEAMP) from Waddell & Reed. The team, which operates two office locations in Sugar Grove, Illinois and Lisle, Illinois, includes financial advisors Christopher Forbes, CFP®, Thomas Morrissy, CFP®, Kathleen Morrissy, CFP® and David Servatius. When the sale of Waddell & Reed was announced in late 2020, the advisors felt it was in the best interest of their clients to do their due diligence on a variety of firms. They were looking for a values-driven partner that would provide independence, and robust succession planning expertise – while enabling them to deliver a superior client experience grounded in goal-based financial planning. After evaluating the marketplace, they found that Ameriprise was the best fit.