A Daily Network publication

other

Ameriprise Financial

In network coverage since September 16, 2026 · 16+ stories

+2Talent net · 12 months3 in · 1 out

Observed recruiting events · 12 monthsOn the wire →

Net +2 · 3 incoming events · 1 outgoing events

Arrivals

Oct 15 · from RBC Capital Markets

Oct 15 · from RBC Capital Markets

Vantage Axia Wealth

Oct 15 · from RBC Capital Markets

Departures

Fathom Advisors

Sep 16 · to Fathom Advisors

Network coverage

Moves

ICG next moves $2.3 billion from LPL to Osaic, citing platform and deal support

The Wall Township, N.J., firm launched with LPL in 2019 and has nearly tripled since, according to Osaic; it plans to grow through recruiting and acquisitions.

move · Oct 20BofA cuts Ameriprise to Underperform, citing advisor exits and retention loan costs

Features · Oct 20Phil Scott and Jim Atwood launch $18.6B RIA Latigo Peak as BofA downgrades Ameriprise

move · Oct 20Bank of America downgrades Ameriprise, questioning whether retention bonuses keep big teams

The Close · Oct 20Bank of America downgrades Ameriprise over the cost of retention bonuses

move · Oct 16Ameriprise adds three RBC teams with $1.2 billion; Wells Fargo adds $900 million

Moves · Oct 16Ameriprise recruits three RBC teams with nearly $1.2B and Wells adds nearly $900M

advisor_note · Oct 12Wells Fargo Advisors FiNet recruits 11-advisor Ameriprise team to form Orchard Financial Group

Features · Oct 12Wells Fargo FiNet logs 11-advisor team liftout from Ameriprise

move · Oct 8Orchard Financial Group, a $580 million Ameriprise team, joins Wells Fargo's FiNet

Moves · Oct 1Morgan Stanley advisor Dana Cornell, who oversaw $1 billion, joins Uniting Wealth Partners

RIA · Sep 30Fitch says higher rates stand to lift wealth manager cash earnings

practice · Sep 28Ameriprise pays advisors $1,000 or a fee share to send clients to its virtual desk

The Close · Sep 28Advisors move client assets toward dividend growth as market leadership broadens

practice · Sep 23The Muse Selloff Prices the Part of Advice an App Can Do

Moves · Sep 16Ameriprise loses a 23-person firm, not a book

THE DESK BRIEF

Flows, fee cuts, and closure risk on the funds you watch — every trading morning.