San Diego duo managing $156 million joins Ameriprise

AUG 24, 2017

Stephanie Karpow and Robert Lester, who managed $156 million in assets at MSI Financial Services in San Diego, Calif., have joined the employee unit of Ameriprise. Ms. Karpow started her securities career in 2009 at New England Securities and moved to MSI in 2015. At Ameriprise, she will hold the title of financial adviser. The more veteran Mr. Lester, who will hold the title of financial adviser and managing director, began at Phoenix Equity Planning in 1980, switching to Washington National Equity in 1984. He joined Guardian Investor Services in 1989, Sentra Securities in 1991 and SunAmerica Securities in 1996. Like Ms. Karpow, he was with New England Securities, from 1998 through 2015, before joining MSI. In an unrelated move, Katherine Kicklighter, who managed $109 million at J.J.B. Hilliard, W.L. Lyons in Louisville, Ky., also has joined Ameriprise as a financial adviser and vice president. Ms. Kicklighter began her securities career at J.C. Bradford in 1996, moved to UBS in 2000 and joined Hilliard Lyons in 2003.

Latest News

Retiree alleges advisor withheld $600K through real estate LLC web
Retiree alleges advisor withheld $600K through real estate LLC web

$1.7M invested from an inheritance. Then the phone went dead.

SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception
SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception

The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.

GLP-1 users are trading retirement savings for their prescriptions
GLP-1 users are trading retirement savings for their prescriptions

A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.

Inspired Healthcare sale price of properties is 59% of $1.2 billion sold by advisors
Inspired Healthcare sale price of properties is 59% of $1.2 billion sold by advisors

The hundreds of millions of dollars from a sale of Inspired Healthcare properties does not mean an immediate windfall for investors.

Class action alleges Webull misled investors about China operations
Class action alleges Webull misled investors about China operations

Its SEC filings said one thing - a congressional probe said another.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor