Ameriprise Gains $160M Advisory Team from Thrivent

Event summary

  • Pattern Wealth, a private wealth advisory practice with $160M in assets, joined Ameriprise Financial from Thrivent Investment Management.
  • The team, led by Jeremy Jackson, includes his father Dave Jackson and client service associate Erika Holland.
  • Ameriprise has attracted approximately 1,700 experienced financial advisors in the last 5 years.
  • The team is supported locally by Ameriprise Complex Director Adam Lukens and Regional Vice President Mitch Doren.

The big picture

Ameriprise's acquisition of Pattern Wealth underscores its strategy to bolster its advisor network with experienced teams, leveraging its national brand and advanced capabilities. This move aligns with broader industry trends of consolidation in wealth management, where scale and technology integration are key differentiators. The addition of $160M in assets further strengthens Ameriprise's position in the competitive advisory landscape.

What we're watching

Integration Success
How quickly Ameriprise can integrate Pattern Wealth's $160M in assets into its existing platform.
Advisor Retention
Whether Ameriprise can sustain its pace of attracting experienced advisors, with 1,700 joining in the last 5 years.
Client Transition
The pace at which Pattern Wealth's clients adapt to Ameriprise's advanced capabilities and client experience enhancements.