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Ameriprise makes its move upmarket by first moving its bonus payouts to Wall Street levels

The Minneapolis-based broker jacks its sticker bid to 150% bonuses of brokers' last 12-months of revenue

Author Lisa Shidler June 13, 2014 at 2:30 PM
Admin:
no description available
Danny Sarch: I don't think this is desperate at all. If you don't have money, then you can't make the deals.

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Mentioned in this article:

United Capital Financial Advisers
RIA Welcoming Breakaways
Top Executive: Joe Duran

Advisor Growth Strategies, LLC
Consulting Firm
Top Executive: John Furey

Diamond Consultants
Recruiter
Top Executive: Mindy Diamond




Nic

Nic

June 15, 2014 — 12:53 AM

Ms. Diamond formerly recruited for Ameriprise; no longer does and does currently recruit (read:compensated by) for Wells Fargo’s FiNet. I’m sure her opinon to woo advisors to the firm she is recruiting for is solely on the merits of that firm. I’m sure a current recruiter for Ameriprise would have similar faith in Ameriprise and less in a previous partner that they moved on from. Hardly seems like a strong point to be made.

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