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LPL rep managing $186 million joins Ameriprise

Neil Bailey and team switch to employee channel in Cincinnati.

Neil Bailey, who managed $186 million in assets while a rep at LPL Financial in Cincinnati, has joined the employee channel of Ameriprise.

Joining as well are his team: adviser Molly Grimm and two client service associates.

Mr. Bailey began his securities career at CFD Investments in 2008 and moved to Silver Oak Securities in 2010. He affiliated with LPL in 2012.

Separately, Paul Rose, who managed $123 million at Wells Fargo in Easton, Pa., has affiliated with the franchise channel of Ameriprise. Mr. Rose began his career at Pruco Securities in 2002. The firm was later acquired by Wells Fargo.

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