Seven advisers with a combined $685 million in client assets have joined Ameriprise Financial’s independent and employee channels, according to the firm.

Joining Ameriprise's employee channel at Ameriprise are Scott Dow, David Ditzel, John Knudson and Pradeep Gokhale. Going independent with Ameriprise are Jeffrey Miller, Michael Gimlin and Jack Cooley.

Dow, who is based in Portland, Maine, managed $117 million in assets while working at Northwestern Mutual, where he started his career in 1985, according to Ameriprise and FINRA BrokerCheck records. He says Ameriprise’s “incredible support” at the local level convinced him to leave Northwestern Mutual after 32 years with the company. “The focus on comprehensive financial planning fits perfectly with my practice and how I serve clients,” he adds.

Mega moves: Biggest advisers to switch firms in 2016
The largest recruits so far this year managed more than $17 billion in client assets.

Ditzel of Cincinnati previously worked for Raymond James where he was managing $72 million in assets, Ameriprise says.

Miller was working for Investment Centers of America, where he was managing about $125 million in assets, according to Ameriprise. Based in Des Moines, Iowa, Miller says he found Ameriprise’s technology to be especially important to his practice.

“This is a step up,” he says. “It allows me to run my practice more efficiently and gives my clients great tools for accessing their financial information and communicating with me.” Besides providing a better client experience, the company’s trading platform stood out, he notes.

Knudson of Richmond, Va., was working at Oppenheimer, where he was managing $80 million in assets, according to Ameriprise.

Gimlin of Buffalo, N.Y., left National Planning where he managed $117 million in assets, Ameriprise said. Gokhale came over from Merrill Lynch, where he was managing $75 million in assets and Cooley, based in Deerfield, Ill., had been working for RBC where was managing $72 million in assets, according to Ameriprise.

Raymond James and Oppenheimer declined to comment. Merrill Lynch, Investment Centers of America, National Planning Corporation, Northwestern Mutual, and RBC could not immediately be reached for comment.

Samuel Steinberger

Samuel Steinberger

Samuel Steinberger is an editorial intern with SourceMedia's Investment Adviser Group.