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0 7.29630285911361E-05 -0.000437778171546461 -0.00128206464524335 0.00105275226967134 -0.00053158777973503 -0.00258497587008414 -0.00529503121775287
Stock impact report

Waverly Advisors Creates First New Orleans Area Office With $3.1B Acquisition [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
Waverly Advisors, an acquisitive Birmingham, Ala.-based registered investment advisor, has purchased TruWealth Advisors, a $3.1 billion wealth management firm based in the greater New Orleans area.  The deal, finalized on April 24, increases Waverly's assets under management to about $34.2 billion and adds another location to its over 50 offices in the United States. TruWealth, founded in 2020 by Chuck Simmons, operates offices in Mandeville and Metairie, La., and employs 31 people, all of whom will transition to Waverly. Simmons will join Waverly as a partner and wealth advisor, while Jim Parrie, general manager and chief operating officer, will become a partner and regional director.  Simmons founded TruWealth after leaving Ameriprise Financial, along with Parrie, according to BrokerCheck. The firm had been with broker/dealer Purshe Kaplan Sterling Investments until 2024. The RIA focuses on financial planning and portfolio management for individuals, families, and institution Show less Read more
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