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Stock impact report

NewEdge Advisors Snags Two Firms Managing $1.9B in Combined Assets [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
NewEdge Advisors, part of NewEdge Capital Group , has recruited teams from Ameriprise Financial and Raymond James to its 1099 advisor platform. The firms are both based in Tennessee and formerly oversaw a combined $1.94 billion in client assets. NewEdge Advisors, one of two registered investment advisor practices in the NewEdge Capital Group, announced Thursday it had brought on a 24-person team from Ameriprise, ClearTrust Wealth Advisors, based in the Nashville area.  The team managed $1.4 billion in client assets and is led by advisors and managing partners Matt Robins, Nick Stamatis and Joe Creecy, each of whom has been with Ameriprise for over 20 years, according to BrokerCheck. “We chose to affiliate with NewEdge Advisors to gain the flexibility and strategic support needed to advance our long-term vision,” Creecy said in a statement. “The partnership allows us to enhance the client experience without compromising the values and relationships at the core of our practice, w Show less Read more
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