Ameriprise Rises 0.51% to 496th in Trading Volume as New Advisors Add $150M and Top 500 Stock Strategy Yields $10,720 Profit

On August 18, 2025, Ameriprise Financial (AMP) rose 0.51% with a trading volume of $0.18 billion, ranking 496th in daily trading activity. The firm announced the addition of two financial advisors—Chris Theis and Michael Thomas—who collectively bring over $150 million in client assets from Commonwealth Financial Network. Their transition follows Commonwealth’s acquisition by LPL Financial, positioning Ameriprise to strengthen its independent advisor channel amid industry consolidation.

The advisors highlighted Ameriprise’s personalized support and growth-oriented infrastructure as key factors in their decision. Theis, managing $100 million in assets, praised the firm’s “boutique feel” combined with robust resources, while Thomas, overseeing $50 million, emphasized the firm’s integrated technology and practice management expertise. Both cited streamlined operations and leadership commitment as critical advantages, aligning with Ameriprise’s broader strategy to attract experienced professionals through tailored resources and scalable infrastructure.

Ameriprise has added approximately 1,700 seasoned advisors in the past five years, reflecting sustained momentum in its recruitment efforts. The firm’s focus on client-centric services, operational efficiency, and leadership support continues to resonate in a competitive financial advisory landscape, reinforcing its appeal during periods of industry transition.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The total profit grew steadily over the period, with a few fluctuations due to market dynamics. As of the latest data, the strategy's total profit stands at $10,720.