Cate Grinney, who managed $331 million at Edward Jones, has formed the Cate Grinney & Kailee Davis Group and affiliated with the independent channel of Ameriprise Financial.
Grinney's group is based in Faribault, Minnesota.
In addition to adviser Kailee Davis, Grinney’s team includes Beth Sammon and Bridgette Hallcock.
Grinney was attracted to Ameriprise’s commitment to supporting women advisers, deep expertise in financial planning, and vast resources to grow her practice and meet her clients’ specific goals, Ameriprise said in a press release.
It's the mega-RIA firm's third $1B+ acquisition in just three months.
Wall Street leaders propose ways to monetize the mortgage giants.
Changes in legislation or additional laws historically have created opportunities for the alternative investment marketplace to expand.
A Texas-based bank selects Raymond James for a $605 million program, while an OSJ with Osaic lures a storied institution in Ohio from LPL.
The Treasury Secretary's suggestion that Trump Savings Accounts could be used as a "backdoor" drew sharp criticisms from AARP and Democratic lawmakers.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
