Ameriprise terminates adviser in Texas

Ameriprise terminates adviser in Texas
Dusty Sternadel of Wichita Falls was fired for misappropriating funds, according to her BrokerCheck record.
SEP 07, 2022

Dusty Sternadel, an adviser in Wichita Falls, Texas, has been terminated by Ameriprise Financial Services for “violation of company policies related to misappropriation of client funds,” according to her BrokerCheck record.

“Ms. Sternadel took steps to conceal her illegal activity by circumventing our controls and acting away from the firm,” Kathleen McClung, vice president of public relations for Ameriprise Financial, told a local television station in response to an inquiry.

No further information about the misappropriation of funds was available.

Sternadel had been affiliated with Ameriprise for four years. Earlier, she had been with Morgan Stanley and Edward Jones, each for four years.  

'IN the Office' with author and CEO Bill George

Latest News

The 2025 InvestmentNews Awards Excellence Awardees revealed
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

Record RIA M&A activity marks strong start to 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.