AXA loses $150 million team to Ameriprise

Charles Gemmer and team in Indianapolis join franchise channel

May 2, 2018 @ 10:00 am

By InvestmentNews

Charles Gemmer, who managed $150 million with three other advisers at AXA Advisors, has affiliated with the franchise unit of Ameriprise.

Joining Mr. Gemmer at Gemmer Wealth Management, based in Indianapolis, Ind., are Brent Gramman, Ronan Marra and Mr. Gemmer's son, Adam.

The elder Mr. Gemmer spent his entire securities career at AXA, starting there in 1995. Mr. Gramman had been with AXA since 1997 and Mr. Marra since 2003. Adam Gemmer began his career there in 2013.

0
Comments

What do you think?

View comments

Recommended for you

Featured video

INTV

Advisers should look beyond 529 plans for college planning

Editor Fred Gabriel talks to reporter Ryan Neal about how college-savings strategies are more important than ever as tuition costs soar.

Latest news & opinion

New ways to pay for college

Experts respond to real-life scenarios of people struggling to afford higher education.

How technology is reshaping the advice business

Artificial intelligence, Amazon and robo-advisers are some of the topics on the minds of tech experts.

Best- and worst-performing sector funds and ETFs this year

A rising tide may lift all ships, but a bull market doesn't lift all stock sectors. Here are the best- and worst-performing sectors this year, with the top and bottom fund in each sector.

Betterment slapped with $400,000 fine from Finra

Robo-adviser cited for violating customer protection rule and not maintaining its books and records correctly.

Supreme Court ruling on SEC judges unlikely to upend advice industry

But it could give rise to new hearings for some advisers who are already in litigation with the agency such as Dawn Bennett.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print