Advisor with Over $730 Million in Assets Joins Ameriprise for Strength in Comprehensive Financial Planning and Advice Capabilities

Rhea-AI Summary

Financial advisor F. Pat Cunnane, CIMA®, MBA, recently joined Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial’s Cleveland-based Masters Consulting Group, managing approximately $733 million in client assets. Cunnane joined Fidant Wealth Partners, an established Ameriprise practice, led by private wealth advisor Doug Kisker, CRPC™, APMA™, BFA, with offices in Cincinnati, OH, Cleveland, OH, and Crestview Hills, KY.

F. Pat Cunnane left LPL Financial to join Fidant Wealth Partners, an established Ameriprise practice

MINNEAPOLIS--(BUSINESS WIRE)-- Financial advisor F. Pat Cunnane, CIMA^®, MBA, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial’s Cleveland-based Masters Consulting Group where he managed approximately $733 million in client assets. Cunnane joined Fidant Wealth Partners, an established Ameriprise practice led by Ameriprise private wealth advisor Doug Kisker, CRPC™, APMA™, BFA, with offices in Cincinnati, OH, Cleveland, OH and Crestview Hills, KY.

Cunnane wanted to join a team that would complement his business and a firm with the infrastructure and programs to support his eventual succession plan. A recruiter introduced Cunnane and Kisker, and the two say the match was clear from the start.

“With a long-established 401(k) retirement plan business, it was important for me to find a team with experience in that space, as well as a focus on helping retail clients meet their individual goals through financial planning,” said Cunnane. “That’s what I found in Fidant Wealth Partners. Our businesses fit together like hand-in-glove.”

“I’ve been impressed with the client care system in place at Fidant, which leverages the tools and capabilities of Ameriprise to deliver excellent service and comprehensive planning to clients across multiple practice locations,” added Cunnane.

The move was a perfect fit for Fidant’s growth strategy. With the backing of Ameriprise’s extensive experience and resources to help advisors acquire and transition their practices, Kisker has successfully transitioned more than 10 outside practices into the Fidant Wealth Partners team. This factored into Cunnane’s decision to move to Fidant and Ameriprise. “Knowing I’d have a dedicated transition team and hands-on support from people who have a track record of successfully facilitating transitions ultimately gave me the confidence to make the move,” he said.

“Pat and his team run a top-notch practice, and our skillsets, expertise and business goals complement each other nicely,” said Kisker. “We’re thrilled they felt confident in our ability to transition their business and provide an outstanding experience for their clients backed by support from Ameriprise.”

Associate financial advisor Jennifer Hope, AIF^®, operations specialist Mary Beth Cunnane, and client relationship managers Holly Snyder and Sharon Kovats are also joining the Fidant team.

Fidant Wealth Partners was established in 1992 and manages more than $1.4 billion in client assets. The team has 3 offices and includes 8 financial advisors and over 30 support staff members.

The practice is supported locally by Ameriprise franchise field vice president Trish Moll.

Ameriprise 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 125 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.

©2023 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/20231204316232/en/

Allison Harries, Media Relations

612.678.7035

allison.h.harries@ampf.com

Source: Ameriprise Financial, Inc.

FAQ

Who is F. Pat Cunnane and what is his role in the company?

F. Pat Cunnane is a financial advisor who recently joined Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial’s Cleveland-based Masters Consulting Group. He manages approximately $733 million in client assets and joined Fidant Wealth Partners, an established Ameriprise practice.

Who is Doug Kisker and what is his role in the company?

Doug Kisker is a private wealth advisor who leads Fidant Wealth Partners, an established Ameriprise practice with offices in Cincinnati, OH, Cleveland, OH, and Crestview Hills, KY.

How much does Fidant Wealth Partners manage in client assets?

Fidant Wealth Partners manages more than $1.4 billion in client assets.

How many financial advisors and support staff members are part of Fidant Wealth Partners?

Fidant Wealth Partners includes 8 financial advisors and over 30 support staff members.

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

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