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AMPBullishCorporate Developmentsnews

Medium materiality6/10

Ameriprise Gains $160M Advisor Team, Signals Growth Through Digital Platform

Aug 17, 2026, 12:57 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Direct asset inflows and an expanded advisor base support AUM growth and fee revenue potential; positive sentiment from technology and program differentiators reinforces AMP’s growth trajectory.

AI summary

What happened, with direct paths to the underlying reporting

Ameriprise Financial announced the addition of Lee Winters III and Chris McClure from Wells Fargo Clearing Services, adding $160 million in client assets to AMP's Columbia, SC branch. The advisers highlighted Ameriprise's AI-enabled technology, Signature Wealth Program, and collaborative culture as growth catalysts. The move reinforces AMP's ongoing advisor recruitment and platform enhancements, with potential near-term AUM and revenue benefits.

Ameriprise hires Wells Fargo advisers Winters and McClure.
Columbia, SC team brings about $160 million in client assets.
Mentor move, not initial search, spurred the transition.
Technology, AI, and Signature Wealth Program cited as differentiators.
Ameriprise reports strong advisor recruiting with ~1,700 joins in 5 years.

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