Ameriprise may add advisers as DOL fiduciary rule squeezes rivals
The firm's CEO sees opportunities in the looming disruption. (Fiduciary Focus: Follow the latest news and developments on the DOL rule change)
Ameriprise Financial Inc. Chief Executive Officer Jim Cracchiolo is looking for chances to add financial advisers as new government regulation on retirement products pressures smaller rivals.
“During this period of disruption, we see potential opportunities,” Mr. Cracchiolo said Thursday
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