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Team With $100 Million in Assets Joins Ameriprise Financial to Fulfill Growth Aspirations

1. Financial advisors joined Ameriprise Financial, bringing $100 million in assets. 2. This move signals growth potential for Ameriprise's independent channel.

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Why Bullish?

The acquisition of experienced advisors with significant client assets can enhance Ameriprise's revenue streams. Historical data shows similar hires often lead to growth in financial advisory firms' market positions.

How important is it?

The addition of substantial client assets indicates a solid growth trajectory, affecting investor sentiment positively and potentially influencing stock performance.

Why Short Term?

New advisor transitions can yield immediate benefits in client engagement and revenue. Growth from new advisors typically reflects quickly in financial metrics.

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MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Mila Kisz, MBA, and Roman Kisz, AAMS®, CRPS®, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE:AMP) from Edward Jones where they managed $100 million in client assets. The married duo joined an established Ameriprise practice, LegacyOak Advisors, in Simi Valley, Calif., led by financial advisor Greg Lewandowski. The Kisz's and Lewandowski originally met at Edward Jones before Lewandowski moved his practice to Ameriprise.

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