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Stock impact report

Deal & Moves: Integrated Partners Lures $609M BXB from Ameriprise [Yahoo! Finance]

Ameriprise Financial, Inc. (AMP) 
Last ameriprise financial, inc. earnings: 1/29 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.ameriprise.com
Company Research Source: Yahoo! Finance
The Denver-based $98 billion Mercer Global Advisors announced this week it would acquire Charter Oak Capital Management , a Portsmouth, N.H.-based employee-owned wealth management firm with $1.5 billion in assets under management. The move boosted Mercer's reach in New England, including clients in New Hampshire, Massachusetts and Maine. On Thursday,  NorthRock Partners , a Minneapolis RIA managing over $12 billion in assets that's part of Sammons Financial Group, acquired Vantage Financial Partners, a $950 million AUM firm with 19 team members, including seven advisors. It was NorthRock's second acquisition of the year. Additionally, RFG Advisory, the  Birmingham, Ala.-based hybrid RIA platform  with more than $7.5 billion in client assets, made its first majority acquisition with platform RIA RVA Wealth Management, a Richmond, Va.-based firm managing over $320 million in client assets.  Below, learn more about how Integrated Partners lured a $609 million firm from Ameriprise, Show less Read more
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