25-Year Industry Veteran Brings $140 Million in Assets to Ameriprise Financial
Ameriprise Financial (NYSE: AMP) has welcomed veteran financial advisor Ben Fogarty to its branch channel, bringing nearly $140 million in assets from LPL Financial. With 25 years of industry experience, Fogarty, based in Omaha, Nebraska, chose Ameriprise for its advanced technology platform, seamless online client experience, and supportive culture.
Fogarty is accompanied by registered client service associate Karla O'Fallon, with local support from Ameriprise Complex Director Christopher Knust. The move aims to enhance client service, particularly in comprehensive financial planning for retirement-focused clients. Ameriprise has demonstrated strong recruitment success, attracting approximately 1,700 experienced financial advisors in the past 5 years.
Ameriprise Financial (NYSE: AMP) ha accolto il veterano consulente finanziario Ben Fogarty nel suo canale di filiale, portando quasi 140 milioni di dollari in attività da LPL Financial. Con 25 anni di esperienza nel settore, Fogarty, con sede a Omaha, Nebraska, ha scelto Ameriprise per la sua piattaforma tecnologica avanzata, l'esperienza online senza soluzione di continuità per i clienti e una cultura di supporto.
Fogarty è accompagnato dall'associato ai servizi per i clienti registrato Karla O'Fallon, con il supporto locale del Direttore Complesso di Ameriprise, Christopher Knust. Questa mossa mira a migliorare il servizio clienti, in particolare nella pianificazione finanziaria completa per i clienti orientati alla pensione. Ameriprise ha dimostrato un forte successo nel reclutamento, attrarre circa 1.700 consulenti finanziari esperti negli ultimi 5 anni.
Ameriprise Financial (NYSE: AMP) ha dado la bienvenida al veterano asesor financiero Ben Fogarty a su canal de sucursal, trayendo casi 140 millones de dólares en activos de LPL Financial. Con 25 años de experiencia en la industria, Fogarty, con sede en Omaha, Nebraska, eligió Ameriprise por su plataforma de tecnología avanzada, la experiencia en línea sin interrupciones para los clientes y una cultura de apoyo.
Fogarty está acompañado por la asociada registrada de servicio al cliente Karla O'Fallon, con apoyo local del Director Complejo de Ameriprise, Christopher Knust. El objetivo de este movimiento es mejorar el servicio al cliente, especialmente en la planificación financiera integral para clientes enfocados en la jubilación. Ameriprise ha demostrado un sólido éxito en el reclutamiento, atrayendo a aproximadamente 1.700 asesores financieros experimentados en los últimos 5 años.
아메리프라이즈 파이낸셜 (NYSE: AMP)는 베테랑 재정 상담사 벤 포가티를 지점 채널에 맞이하며, LPL 파이낸셜에서 거의 1억 4천만 달러의 자산을 가져왔습니다. 25년의 업계 경험을 가진 포가티는 네브래스카주 오마하에 기반을 두고 있으며, 아메리프라이즈의 첨단 기술 플랫폼, 원활한 온라인 고객 경험, 그리고 지원적인 문화를 이유로 선택했습니다.
포가티는 등록된 고객 서비스 어소시에이트인 카를라 오팔론과 함께하며, 아메리프라이즈의 복합체 수장인 크리스토퍼 크너스트의 지역 지원을 받고 있습니다. 이 이동은 고객 서비스 개선을 목표로 하며, 특히 퇴직 중심 고객을 위한 종합 재무 계획에 초점을 맞추고 있습니다. 아메리프라이즈는 지난 5년 동안 약 1,700명의 경력 있는 재정 상담사를 유치하며 강력한 채용 성공을 보여주었습니다.
Ameriprise Financial (NYSE: AMP) a accueilli le conseiller financier vétéran Ben Fogarty dans son canal de succursale, apportant près de 140 millions de dollars d'actifs de LPL Financial. Avec 25 ans d'expérience dans l'industrie, Fogarty, basé à Omaha, Nebraska, a choisi Ameriprise pour sa plateforme technologique avancée, son expérience client en ligne fluide et sa culture de soutien.
Fogarty est accompagné par l'associée de service client enregistrée Karla O'Fallon, avec le soutien local du directeur complexe d'Ameriprise, Christopher Knust. Ce mouvement vise à améliorer le service client, en particulier dans la planification financière complète pour les clients axés sur la retraite. Ameriprise a démontré un fort succès en matière de recrutement, attirant environ 1 700 conseillers financiers expérimentés au cours des 5 dernières années.
Ameriprise Financial (NYSE: AMP) hat den erfahrenen Finanzberater Ben Fogarty in seinen Filialkanal aufgenommen und bringt dabei fast 140 Millionen Dollar an Vermögenswerten von LPL Financial mit. Mit 25 Jahren Branchenerfahrung wählte Fogarty, der in Omaha, Nebraska, ansässig ist, Ameriprise wegen seiner fortschrittlichen Technologieplattform, der nahtlosen Online-Kundenerfahrung und der unterstützenden Kultur.
Fogarty wird von der registrierten Kundenservice-Associate Karla O'Fallon begleitet, mit lokaler Unterstützung durch den Komplexdirektor von Ameriprise, Christopher Knust. Der Wechsel zielt darauf ab, den Kundenservice zu verbessern, insbesondere bei der umfassenden Finanzplanung für auf Altersvorsorge ausgerichtete Kunden. Ameriprise hat einen starken Rekrutierungserfolg gezeigt und in den letzten 5 Jahren etwa 1.700 erfahrene Finanzberater angezogen.
- Acquisition of $140 million in assets under management
- Addition of experienced advisor with 25-year industry track record
- Continued strong advisor recruitment with 1,700 advisors joining in past 5 years
- None.
Insights
The acquisition of Ben Fogarty with
The competitive poaching from LPL Financial (LPLA) highlights the ongoing battle for talent in the wealth management sector. Fogarty's move, driven by technology and platform capabilities, underscores Ameriprise's successful investment in digital transformation and client experience enhancement - key differentiators in advisor recruitment and retention.
For retail investors, this continued ability to attract experienced advisors suggests strong operational execution of Ameriprise's growth strategy, though the financial impact of this specific addition is minimal given AMP's
This advisor transition exemplifies a broader industry trend where technology capabilities and digital client experience are becoming decisive factors in advisor mobility. The emphasis on retirement planning services is particularly strategic given that
The recruitment narrative suggests Ameriprise is effectively positioning itself against competitors like LPL Financial in the race for advisor talent. Their success in attracting approximately 340 advisors annually over the past five years indicates strong competitive positioning in advisor recruitment, though the true measure will be net advisor growth and asset retention rates.
Financial advisor Ben Fogarty joins Ameriprise from LPL Financial to “deliver even greater value to clients”
“The technology, products and resources at Ameriprise will allow me to deliver even greater value to clients,” said Fogarty. “I’m particularly excited to offer a more personalized, comprehensive financial planning experience to clients, especially as many of them approach retirement.”
“Watching clients achieve their financial goals is the most rewarding part of my job and I’m thrilled that the firm’s tools and support will help even more of them realize those goals,” added Fogarty. “I look forward to staying at Ameriprise for the remainder of my career and helping my clients for years to come.”
Fogarty is joined by registered client service associate Karla O’Fallon. They are supported locally by Ameriprise Complex Director Christopher Knust.
Ameriprise has continued to attract experienced, productive financial advisors, with approximately 1,700 joining the firm in the last 5 years.1 To find out why experienced financial advisors are joining Ameriprise, visit ameriprise.com/why.
About the Ameriprise Ultimate Advisor Partnership
The Ameriprise Ultimate Advisor Partnership offers a differentiated experience for advisors that helps them accelerate growth while delivering an excellent client experience. Combined with the company’s culture of support and independence, the Ultimate Advisor Partnership enables advisors to scale their businesses, deepen client relationships and drive referrals for future growth.
About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel more confident about their financial future for 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors2, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs.
Ameriprise Financial cannot guarantee future financial results.
Ameriprise Financial Services, LLC is an Equal Opportunity Employer.
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.
Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.
Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.
1 Ameriprise Financial 2023 10-K.
2 Ameriprise Financial Q1 2024 Earnings Release.
©2025 Ameriprise Financial, Inc. All rights reserved.
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Allison Harries, Media Relations
612.678.7035
allison.h.harries@ampf.com
Source: Ameriprise Financial, Inc.
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