Team managing $250 million leaves Ameriprise for LPL

Team managing $250 million leaves Ameriprise for LPL
The father-and-son Riolo Financial Group is based in New City, New York.
OCT 20, 2021

Riolo Financial Group, an independent team managing $250 million in New City, New York, has left Ameriprise Financial and affiliated with the broker-dealer and registered investment adviser platforms of LPL Financial.

The planning-based practice, led by Dominick Riolo and his son, Frank Riolo, was founded in 2014.

They are joined in the move by adviser and colleague Lisa Sherman and two office support staff members.

The team was affiliated with Ameriprise for seven years.

Niche advisers should demonstrate their expertise

Latest News

Trio of advisors switch for 'Happier' times at LPL Financial
Trio of advisors switch for 'Happier' times at LPL Financial

Former Northwestern Mutual advisors join firm for independence.

Indie $8B RIA adds further leadership talent amid growth drive
Indie $8B RIA adds further leadership talent amid growth drive

Executives from LPL Financial, Cresset Partners hired for key roles.

Stock volatility remained low despite risk events
Stock volatility remained low despite risk events

Geopolitical tension has been managed well by the markets.

Fed minutes to provide signals on rate cuts
Fed minutes to provide signals on rate cuts

December cut is still a possiblity.

Trump's tariff talk roils markets, political leaders
Trump's tariff talk roils markets, political leaders

Canada, China among nations to react to president-elect's comments.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound