Steward Acquires $500M Ameriprise Practice
Yahoo Finance·2026-05-06 18:00
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Steward Partners, an employee-owned hybrid partnership of independent advisory firms with nearly $50 billion in client assets, has acquired Wisdom Rock Financial Advisory Group, a $500 million AUM team previously affiliated with Ameriprise Financial. The deal adds seven advisors and a Rochester, N.Y.-based office to Steward's M&A channel. Last December, Steward announced it raised $475 million in c ...