Ameriprise Financial Draws $110M FA Team from LPL Financial 

A Miami, FL-based wealth management team, which oversees roughly $110 million in client assets, has joined Ameriprise Financial from LPL Financial. 

JMOD Financial Services, which is led by financial advisor Joe Kelly, joined Ameriprise on July 15, an Ameriprise spokesperson said to Connect Money. The team also includes financial advisors Frank Del Busto and Dave Fedrizzi. 

The practice provides “comprehensive” financial planning, investment management, and portfolio management, according to Ameriprise. 

JMOD Financial Services has offices in Florida and New York, and Kelly and Del Busto are based in Miami, while Fedrizzi is based in Rochester, New York. The team is also supported by Ameriprise franchise field VP Sabrina Tacheny and Ameriprise regional VP Tres Rouquette. 

“Ameriprise has made substantial investments in technology that will help us operate efficiently and serve our clients more effectively,” Kelly said. “From streamlined workflows to intuitive client-facing tools, the platform will help us deliver a truly modern, personalized and elevated client experience.” 

Recently, Ameriprise Financial added New Philadelphia, OH–based Kendall Wealth Management, which manages about $300 million in client assets from Edward Jones.