Effective August 1, the 12,000 advisors and registered reps of American Express Financial Advisors got a new name as part of American Express Co.’s spinoff of its broker/dealer and other businesses from the parent company. Ameriprise Financial, which will use a stylized compass as its corporate logo, is the new name of the holding company that is slated to go public on September 30, under the leadership of chairman and CEO Jim Cracchiolo. In addition to the advisor unit, also operating under the Ameriprise name will be another company, called RiverSource, that will include the firm’s insurance, annuity, asset management, trust company, and outside distribution businesses.–James J. Green
These 10 tech experts answer just one question here: Their view of key technology affecting advisors in the short term.
A third of fund managers in the survey said they expected the U.S./China trade war to end before the 2020 election.
The Inspector General’s recently released report highlights management and performances challenges the agency faces in fiscal 2020.
Sponsored by LPL Financial
Get an in-depth look at how you can lock in future value through proven tactics that will grow your bottom line.
Sponsored by Smarsh
Many companies today are making the move to Office 365. Find out whether it’s the right move for your firm.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.