Tue, Apr. 28, 9:28 AM
- Based in Tampa, JHS has a team of 150 financial advisors which generated revenue of $38M in 2014, and had retail assets of $4.1B at year-end.
- Like Ameriprise (NYSE:AMP), JHS operates both employee and independent advisor channels, and JHS advisors are expected to join one of the existing channels at Ameriprise.
- Terms of the deal were not disclosed. It's expected to close in Q3.
- Source: Press Release
Sep. 26, 2012, 7:25 AMAmeriprise Financial (AMP) is in advanced talks to buy most of ING's asset management business in Asia, Bloomberg reports. The companies are said to be still negotiating on price and an announcement may come in two to three weeks, although the business is believed to be worth ~€150M. | Sep. 26, 2012, 7:25 AM | Comment!
Jan. 20, 2012, 2:34 AM
AMP vs. ETF Alternatives
Ameriprise Financial Inc through its subsidiaries is engaged in providing financial planning, products and services as solutions for its clients' cash and liquidity, asset accumulation, income, protection and estate and wealth transfer needs.
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