Team with $210 Million Moves to Ameriprise Financial for Superior Client Experience and Support to Grow
Highland Wealth Management, a private wealth advisory practice managing $210 million in assets, has transitioned from LPL Financial to Ameriprise Financial's (NYSE: AMP) independent channel. The practice, led by Private Wealth Advisor Lee Hooks MBA, CFP®, operates across three Tennessee locations: Columbia, Lewisburg, and Pulaski.
The team chose Ameriprise based on three key factors: superior client satisfaction and service reputation, advanced technology infrastructure including their client-facing app, and the ability to maintain independence while leveraging a strong brand. The practice includes five additional financial advisors and three support staff members.
This addition contributes to Ameriprise's ongoing recruitment success, with approximately 1,700 experienced financial advisors joining the firm in the past five years.
Highland Wealth Management, una pratica di consulenza patrimoniale privata che gestisce 210 milioni di dollari in attivi, è passata da LPL Financial al canale indipendente di Ameriprise Financial (NYSE: AMP). La pratica, guidata dal Private Wealth Advisor Lee Hooks MBA, CFP®, opera in tre località del Tennessee: Columbia, Lewisburg e Pulaski.
Il team ha scelto Ameriprise basandosi su tre fattori chiave: una reputazione di servizio e soddisfazione del cliente superiore, un'infrastruttura tecnologica avanzata che include la loro app per i clienti e la possibilità di mantenere l'indipendenza sfruttando un marchio forte. La pratica include cinque ulteriori consulenti finanziari e tre membri del personale di supporto.
Questa aggiunta contribuisce al continuo successo di reclutamento di Ameriprise, con circa 1.700 consulenti finanziari esperti che si sono uniti all'azienda negli ultimi cinque anni.
Highland Wealth Management, una práctica de asesoría patrimonial privada que gestiona 210 millones de dólares en activos, ha pasado de LPL Financial al canal independiente de Ameriprise Financial (NYSE: AMP). La práctica, liderada por el Asesor Patrimonial Privado Lee Hooks MBA, CFP®, opera en tres ubicaciones en Tennessee: Columbia, Lewisburg y Pulaski.
El equipo eligió Ameriprise basándose en tres factores clave: una reputación de satisfacción y servicio al cliente superior, una infraestructura tecnológica avanzada que incluye su aplicación para clientes y la capacidad de mantener la independencia mientras se aprovecha una marca sólida. La práctica incluye cinco asesores financieros adicionales y tres miembros del personal de apoyo.
Esta incorporación contribuye al éxito continuo de reclutamiento de Ameriprise, con aproximadamente 1.700 asesores financieros experimentados que se unieron a la firma en los últimos cinco años.
하이랜드 자산 관리는 2억 1천만 달러의 자산을 관리하는 사모 자산 자문 회사로, LPL 금융에서 아메리프라이즈 금융(NYSE: AMP)의 독립 채널로 전환했습니다. 이 회사는 사모 자산 자문가인 리 훅스 MBA, CFP®가 이끌며, 테네시주 콜럼비아, 루이스버그, 풀라스키의 세 곳에서 운영됩니다.
팀은 세 가지 주요 요소를 기반으로 아메리프라이즈를 선택했습니다: 우수한 고객 만족도 및 서비스 평판, 고객용 앱을 포함한 첨단 기술 인프라, 그리고 강력한 브랜드를 활용하면서 독립성을 유지할 수 있는 능력. 이 회사에는 추가로 다섯 명의 재무 상담사와 세 명의 지원 직원이 포함되어 있습니다.
이 추가는 아메리프라이즈의 지속적인 채용 성공에 기여하며, 지난 5년 동안 약 1,700명의 경험 많은 재무 상담사가 이 회사에 합류했습니다.
Highland Wealth Management, un cabinet de conseil en gestion de patrimoine privé gérant 210 millions de dollars d'actifs, a effectué la transition de LPL Financial vers le canal indépendant d'Ameriprise Financial (NYSE: AMP). Le cabinet, dirigé par le conseiller en gestion de patrimoine privé Lee Hooks MBA, CFP®, opère dans trois localités du Tennessee : Columbia, Lewisburg et Pulaski.
L'équipe a choisi Ameriprise en se basant sur trois facteurs clés : une satisfaction client et une réputation de service supérieures, une infrastructure technologique avancée incluant leur application pour les clients, et la capacité de maintenir son indépendance tout en tirant parti d'une marque forte. Le cabinet comprend cinq conseillers financiers supplémentaires et trois membres du personnel de soutien.
Cette addition contribue au succès continu du recrutement d'Ameriprise, avec environ 1 700 conseillers financiers expérimentés ayant rejoint l'entreprise au cours des cinq dernières années.
Highland Wealth Management, eine private Vermögensberatung, die 210 Millionen Dollar an Vermögenswerten verwaltet, hat den Wechsel von LPL Financial zum unabhängigen Kanal von Ameriprise Financial (NYSE: AMP) vollzogen. Die Praxis wird von dem Private Wealth Advisor Lee Hooks MBA, CFP® geleitet und ist an drei Standorten in Tennessee tätig: Columbia, Lewisburg und Pulaski.
Das Team wählte Ameriprise basierend auf drei Schlüsselfaktoren: überlegene Kundenzufriedenheit und Serviceruf, eine fortschrittliche technische Infrastruktur, einschließlich ihrer Kunden-App, und die Möglichkeit, Unabhängigkeit zu bewahren und gleichzeitig eine starke Marke zu nutzen. Die Praxis umfasst fünf weitere Finanzberater und drei Mitarbeiter im Support.
Diese Ergänzung trägt zum anhaltenden Rekrutierungserfolg von Ameriprise bei, mit etwa 1.700 erfahrenen Finanzberatern, die in den letzten fünf Jahren dem Unternehmen beigetreten sind.
- Added $210M in AUM through team acquisition
- Demonstrates continued success in advisor recruitment strategy with 1,700 advisors in 5 years
- Technology infrastructure attracting established teams
- None.
Insights
Ameriprise Financial's recruitment of Highland Wealth Management represents an incremental positive in their ongoing advisor acquisition strategy. The
While this specific team's assets represent just a fraction of Ameriprise's total AUM, the wealth management business model thrives on exactly these types of additions. Each recruited team brings immediate revenue through management fees on transferred assets, typically ranging from
The reasons cited by Highland for switching firms highlight Ameriprise's competitive advantages in the independent channel - particularly their technology platform and the hybrid model that balances advisor autonomy with institutional support. This positioning between full-service wirehouses and completely independent RIAs has proven attractive, as evidenced by the approximately 1,700 advisors who've joined Ameriprise over the past five years.
For Ameriprise investors, the value proposition centers on this consistent execution of their organic growth strategy. While no single advisor team meaningfully moves the needle for a
Highland Wealth Management, led by Private Wealth Advisor Lee Hooks MBA, CFP®, joins Ameriprise from LPL Financial
Highland Wealth Management conducted an extensive search for a new broker-dealer that could complement the superior service they provide to clients. Reflecting on their decision, Hooks cited several reasons for selecting Ameriprise:
- Client satisfaction: “We pride ourselves on giving our clients excellent service and needed a broker-dealer that would make it easier, not more difficult, to do that,” said Hooks. “Ameriprise consistently wins awards for client satisfaction and customer service, so that was a big draw for us.”
- Technology: “Ameriprise invests heavily in technology to help advisors deliver for their clients while making it easier for their practices to grow and flourish. Our clients have been extremely impressed with the Ameriprise app and client-facing technology.”
- Independence backed by a strong brand: “The independent platform at Ameriprise is the best of both worlds. We keep our independence and practice name on the door and have a strong firm and brand behind us.”
Hooks looks forward to the future of Highland Wealth Management at Ameriprise. “We are excited about utilizing the technology and all of the growth initiatives Ameriprise has to offer,” he said. “We have big goals for growth and believe Ameriprise will help us get there.”
Highland Wealth Management provides comprehensive advice to clients to help them achieve the goals they have for themselves and their families. The practice includes administrative assistant Carolann Hall, director of operations Mallory Maddox and client specialist Craig Ladd, and is supported locally by Ameriprise Franchise Field Vice President George Varones and Ameriprise Regional Vice President Trish Moll.
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 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.
1 Ameriprise Financial 2024 10-K.
2 Ameriprise Financial Q4 2024 Earnings Release.
Ameriprise Financial cannot guarantee future financial results.
Ameriprise Financial Services, LLC is an Equal Opportunity Employer.
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
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.
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Allison Harries, Media Relations
612.678.7035
allison.h.harries@ampf.com
Source: Ameriprise Financial, Inc.
FAQ
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How many advisors has Ameriprise Financial (AMP) recruited in the last 5 years?
