Comerica to use Ameriprise as broker-dealer for 100 advisors
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Ameriprise jumped into the bank broker market in 2017 when it acquired Investment Professionals Inc.
Ameriprise Financial Services and Comerica Bank said Friday that they had reached an agreement that Ameriprise will become Comerica's investment program provider and manage its retail securities business, which has close to 100 financial advisors and $18 billion in client assets.
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