Ameriprise's tech spending declaration lands amid a wider broker-dealer arms race, with Edward Jones, Raymond James and LPL all expanding AI tools for advisors
The four ultra-high-net-worth advisors from Bank of America Private Bank arrive as the Swiss lending giant continues to push deeper into US affluent banking.
Craig Bartlett brings more than 30 years of experience, including stripes from Creative Planning and UBS, as survey data point to a tax planning gap among US investors.
Finturk also added new form-filling and cash sweep tools to its AI-first CRM platform, while Zeplyn builds advisor coaching into its own AI operating system
The financial planning credential body seeks comment on treating expunged criminal records as a mitigating factor in ethics reviews for CFP certification
New custom and model strategies target advisors chasing scale in a managed account market approaching $17 trillion.
Formerly with Northwestern Mutual, the Civic Financial team is moving its custodial and technology stack to the challenger RIA custodian's fast-growing platform.
Expanded deal pairs succession-planning software with a broker-dealer network already logging rapid AI adoption among 11,000 advisors.
Elsewhere, Ameriprise added a $470 million Wells team in New York, while an ex-Morgan Stanley advisor bolsters UBS' Austin, Texas office.
The $11.5 billion Houston-based RIA has tapped a JPMorgan alum and former Division I soccer player to lead the buildout of its specialized services.
