Ameriprise buying bank broker-dealer, adding 200 registered representatives
April 25, 2017 by Bruce Kelly
Taking a page from competitors like LPL Financial and Cetera Financial Group, Ameriprise Financial Inc. said on Monday it had agreed to buy Investment Professionals Inc., an independent broker-dealer based in San Antonio, Texas, that focuses on the market for independent reps to operate in banks and credit unions.
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Originally Posted at InvestmentNews on April 24, 2017 by Bruce Kelly.
Categories: Industry Articles