Ameriprise team managing $282 million moves to Commonwealth

Endeavor Wealth Advisory Group is based in Rochester, N.Y.
MAY 22, 2018

Endeavor Wealth Advisory Group, of Rochester, N.Y.., which manages $282 million in assets, has changed its affiliation from Ameriprise Financial Services to Commonwealth Financial Network. Endeavor's four advisers are John Moose, David Zambito, David Palermo and Nathan Wegman. Each of the four spent his entire career at Amerprise or one of its predecessor firms, with Mr. Moose starting in 1997, Mr. Zambito in 1972, Mr. Palermo in 1996 and Mr. Wegman in 2013.

Latest News

Citi sees Q3 profit jump as wealth unit books record $38B in net new assets
Citi sees Q3 profit jump as wealth unit books record $38B in net new assets

The banking giant's wealth arm extends its revenue streak as it pushes to exit consent orders weighing on growth since 2020.

Retirement plan defaults leave key participant decisions unresolved
Retirement plan defaults leave key participant decisions unresolved

New Allspring research finds 401(k) participants want guidance on income and rollovers, not just portfolio automation.

Global equity release market set to triple, with US leading growth
Global equity release market set to triple, with US leading growth

Aging homeowners hold record housing wealth - but most advisors still aren't bringing it into retirement plans

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.

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