Skip to content
Friday, October 30, 2026 · Today’s edition, 6:30 a.m. ETFri, Oct 30 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in
Private Wealth Daily
NewsMoves

Ameriprise to add 29 Cadence advisors managing nearly $4B

The transfer is scheduled for mid-2027, and the average book is roughly $138 million per advisor.

By the Moves desk

At a glance

  1. Nearly $4 billion across 29 advisors averages roughly $138 million per advisor.
  2. For the 29 advisors and their clients, the mid-2027 transfer means new account paperwork, a different product shelf and a new supervisory structure.
  3. Because the move is set for mid-2027, the assets remain on Huntington's books until then, and any attrition before the transfer would reduce what Ameriprise ultimately receives.

Ameriprise Financial said 29 advisors managing nearly $4 billion will move to its platform in mid-2027, after the advisors joined Huntington Bank through its Cadence Bank acquisition.

Nearly $4 billion across 29 advisors averages roughly $138 million per advisor. The planned move was disclosed in Ameriprise's third-quarter earnings release filed with the SEC, and the financial terms were not disclosed.

For the 29 advisors and their clients, the mid-2027 transfer means new account paperwork, a different product shelf and a new supervisory structure.

Because the move is set for mid-2027, the assets remain on Huntington's books until then, and any attrition before the transfer would reduce what Ameriprise ultimately receives.

Reported by the Moves desk from SEC EDGAR — Ameriprise Financial third-quarter 2026 earnings release (8-K). Published . Corrections

Related

Moves

Ameriprise adds 258 Huntington advisors in bank liftout

$28 billion of client assets will transfer through early 2027, according to the firm's third-quarter earnings release.

RIAs

Ameriprise Q3 adjusted EPS rises 14% as assets reach $1.8 trillion

Ameriprise completed the transition of 258 Huntington Bank advisors, with $28 billion of client assets transferring through early 2027.

Moves

Recruiting scoreboard: client assets at public wealth firms in September 2026

Month-end client assets, net new assets, advisor counts and recruited assets for Charles Schwab, Stifel, Raymond James, LPL Financial and Ameriprise Financial, from each firm's own SEC filings.

Moves

Janney takes $3.3 billion Houston team from Raymond James

The four-person Edwards Fitzpatrick Group is co-led by an advisor who began his career at Raymond James in 2002.

Moves

Non-wirehouse employee firms won 15 of 38 $1B-plus team moves

Winthrop compiled the figures from publicly reported moves covering at least $78 billion in client assets.

Private Wealth DailyThe morning edition

The private wealth industry in four minutes, every morning at 6:30 a.m. ET. Free.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections

AdvisorsBofA cuts Ameriprise to Underperform, citing advisor exits and retention loan costs
ETFsCSHI's case grows as 30-year yield hits 5.31%
InfrastructureArevon closes $120M Wells Fargo tax equity for Illinois solar
Ameriprise to add 29 Cadence advisors managing nearly $4B