Minneapolis-based Ameriprise Financial announced today that Jupiter, Fla.-based Roberto Vargas has joined from J.P. Morgan Securities, where he managed more than $100 million in client assets.

Vargas, a 19-year veteran of the financial services industry, will join Centennial Financial Services, a financial advisory practice within the Ameriprise Financial Institutions Group in Jupiter, Fla. 

“I’ve always considered Ameriprise to be a trusted brand in the wealth management space,” said Vargas in released comments. “The firm provides a client-centric approach where I can utilize their state-of-the-art technology and capabilities to serve my clients in an efficient and comprehensive way.”

Centennial Financial Services operates with $1.5 billion in combined brokerage assets within Centennial Bank branches in Alabama, Arkansas, Florida and New York. It currently boasts a 25-member advisor team.

“It’s exciting to see continuous growth of our financial institutions channel with advisors joining for our comprehensive and client-focused offering,” said Jay McAnelly, group vice president, Ameriprise Financial Institutions Group, in released comments. “We’re delighted to welcome Roberto and his clients to the firm.”