Ameriprise now has 10,245 advisors, achieving a 2 percent increase in headcount in the second quarter of 2022. Despite this year's volatile markets, Ameriprise has hired 99 experienced advisors over the three months ending in June.
The recruiting market for advisors remains slightly below its pre-pandemic levels. However, firms similar to Ameriprise recently have reported success in hiring during the second quarter. According to InvestmentNews the S&P 500 was down 20.6 percent during the year's first half, which might have triggered difficulties in recruiting and hiring financial advisors.
Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.
