A team from Merrill Lynch that manages $256 million in assets under management has joined the Ameriprise Financial employee channel in Lansing, Mich., according to a company release.
Stiles, Miller & Clark Group, led by Craig Stiles, Gregory Miller, and Nathan Clark, wlll be joined by registered client services associates Karen Hill and Amy Wightman. Mark Calderone supports the team as their Ameriprise branch manager, the release said.
Stiles said the team conducted due diligence on several firms over a few years before deciding on Ameriprise. “All five of us on the team were excited about moving to Ameriprise, and we’re pleased to say that our expectations have been exceeded," he said.
The team said Ameriprise stood out because of its ease of doing business with clients. “In particular, we like how business here can be performed on the go, with mobile apps for both clients and advisors,” the team said in the press release.
The team also cited “the intense focus Ameriprise has on supporting the advisor-client relationship,” and Ameriprise’s “stability” in times of changes across the industry.
Ameriprise said more than 4,000 financial advisors have joined the company since 2008.