Advisor Team with Over $525 Million in Assets Joins Ameriprise Financial for Independence and Client-Focus

Rhea-AI Summary

Pacific Crest Planning, a wealth management practice managing over $525 million in client assets, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from RBC Capital Markets, LLC. The team chose Ameriprise for the opportunity to be independent, align with a client-focused firm, and benefit from the firm’s expertise in comprehensive financial planning. The transition was successful, and the team is excited to be at a firm that shares and supports their goals and aspirations for growth.

The team of Pacific Crest Planning says they are excited to be at a firm that “shares and supports our goals and aspirations for growth”

MINNEAPOLIS--(BUSINESS WIRE)-- Pacific Crest Planning, a wealth management practice managing over $525 million in client assets, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) 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.

Pacific Crest Planning chose Ameriprise Financial for the opportunity to be independent and align with a client-focused firm. “We wanted flexibility and more autonomy in the way we run our practice and serve our clients,” said Sullivan. “Additionally, we were drawn to the client-first culture of the company and the depth of resources to help us deliver a top-notch client experience.”

It was also important for the team to join a firm that is committed to the financial planning process. “At Ameriprise, we are able to benefit from the firm’s longtime focus and expertise in comprehensive financial planning,” added Blodgett. “Here we can offer an even more robust planning experience to our clients that inspires confidence and provides clarity regarding their financial futures.”

Sullivan says his team has a growth mindset, and it’s clear that Ameriprise Financial as an organization does as well. “We’re excited to be at a firm that shares and supports our goals and aspirations for growth.”

The team credits the company’s transition team for their successful move. “There are no words I can use to sufficiently express my gratitude for their help and professionalism,” says Sullivan. “The transition support team at Ameriprise is such an asset and certainly a competitive advantage for the firm.”

Pacific Crest Planning is supported locally by Ameriprise Franchise Field Vice President David Call and Ameriprise Regional Vice President Marcus Ranger.

Ameriprise Financial has continued to attract experienced, productive financial advisors, with 340 advisors moving their practices to Ameriprise in 2022 and 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 Ameriprise Financial
At Ameriprise Financial, we have been helping people feel more confident about their financial future for more than 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.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP^® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP^® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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.

Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.

©2024 Ameriprise Financial, Inc. All rights reserved.

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1} Ameriprise Financial 2022 10-K.
² Ameriprise Financial Q3 2023 Earnings Release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240131276516/en/

Allison Harries, Media Relations

612.678.7035

allison.h.harries@ampf.com

Source: Ameriprise Financial

FAQ

What is the ticker symbol for Ameriprise Financial?

The ticker symbol for Ameriprise Financial is AMP.

How much in client assets does Pacific Crest Planning manage?

Pacific Crest Planning manages over $525 million in client assets.

Why did Pacific Crest Planning choose to join Ameriprise Financial?

Pacific Crest Planning chose Ameriprise for the opportunity to be independent, align with a client-focused firm, and benefit from the firm’s expertise in comprehensive financial planning.

How many financial advisors have joined Ameriprise in the last 5 years?

Approximately 1,700 financial advisors have joined Ameriprise in the last 5 years.