Ameriprise Gains Ground: Allegiant Private Wealth Joins the Independent Channel, Bringing $300M in Assets
MINNEAPOLIS – Ameriprise Financial (NYSE: AMP) continues to bolster its independent advisor network, announcing today that Allegiant Private Wealth, a wealth advisory practice formerly of Merrill Lynch, has joined its ranks. The Ocean City, Maryland-based team, led by Private Wealth Advisor Christine Selzer, CFP®, brings with it over $300 million in client assets. The core team also includes Private Wealth Advisors Brian Selzer, CRPC™, and Brody Grove, CFP®.
The move signifies a strategic shift for the Allegiant Private Wealth team, driven by a desire for greater autonomy and a refined focus on the critical intersection of investment management and comprehensive financial planning.
“After two decades in a bank environment, the independent model became the clear choice to achieve our long-term vision,” stated Christine Selzer. “We were looking for a partner that championed independence, prioritized financial planning, and shared our commitment to elevating the client experience. Ameriprise ticked all the boxes.”
Selzer specifically highlighted the support and strategic vision demonstrated by Ameriprise’s leadership. “They are fully committed to the success of both advisors and clients. We are excited to leverage their expertise.”
“We’re energized to now be at a firm where we can run our business on our own terms while staying focused on what matters most – our clients,” Selzer added.
Allegiant Private Wealth’s commitment is centered on offering financial guidance to assist families in achieving their financial objectives. Offering support are Administrative Assistant Kendall Holmes and Client Relationship Manager Melanie Konoski. They will receive local support from Ameriprise Franchise Field Vice President Athena McGuire, and Ameriprise Regional Vice President Thomas North.
This move highlights Ameriprise’s ongoing success in attracting experienced financial advisors. The firm has added approximately 1,700 advisors in the past five years1. To explore the benefits that are drawing seasoned financial professionals to the company, visit ameriprise.com/why.
About the Ameriprise Ultimate Advisor Partnership
The Ameriprise Ultimate Advisor Partnership offers a distinctive advisor experience, bolstering business growth and outstanding client interaction. Combined with a supportive, independent company culture, the Ultimate Advisor Partnership facilitates business scaling, enhanced client relationships, and referral expansion.
About Ameriprise Financial
At Ameriprise Financial, we aim to instill financial confidence through holistic solutions for over 130 years2, featuring investment advisory, global asset management, insurance and a nationwide network of over 10,000 financial advisors.
1 Ameriprise Financial Q4 2024 Earnings Release.
2 Company founded June 29, 1894
Ameriprise Financial cannot guarantee future financial results.
Ameriprise Financial Services, LLC is an Equal Opportunity Employer.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.
Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.
Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.
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Source: Ameriprise Financial, Inc.
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