12.03.25

Passing the Torch: How Ameriprise Advisors Are Scaling, Succeeding and Letting Go

by: Chad Petie

Ameriprise advisors shared how succession planning and practice acquisitions succeed when culture, fit and client experience are prioritized. During a recent industry discussion, advisors described scaling practices by developing internal talent, preparing successors early and structuring acquisitions to minimize client disruption. One advisor highlighted how mentoring team members over time helped ensure a smooth transition of client relationships, while another described using clear delegation and transition support to integrate acquisitions without sacrificing service. Both emphasized that poorly managed successions often lead to service gaps and client attrition, reinforcing the importance of communication, gradual handoffs and team-based client relationships. The discussion pointed to succession planning not as a single event, but as an ongoing leadership and development process that supports long-term growth, continuity and client trust.

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