Financial advisory practice Loveday Caruso Wealth Management Group has joined the independent channel of Ameriprise Financial from LPL Financial, bringing $120 million in assets to the firm.
Based in Littleton, Colorado, the practice is led by private wealth advisor Sean Loveday, ChFC, CLU, alongside financial advisor Sarah Caruso and administrative assistant Lori O’Halloran.
Loveday said the move was driven by a focus on enhancing the client experience while improving day-to-day efficiency. He pointed to Ameriprise’s client-facing technology, the ability to manage investments and insurance in a more integrated way, and home office support throughout the transition and beyond.
Caruso said early client response has been strong, citing easier access to information and smoother communication, and added the team is looking forward to expanding client events and engagement as the practice grows.
Loveday Caruso Wealth Management Group provides comprehensive advice to individuals and families. The team will be supported locally by Ameriprise Franchise Field Vice President Danielle Dwyer and Ameriprise Regional Vice President Trish Moll.
Ameriprise said it has continued to attract experienced advisors, noting approximately 1,700 have joined the firm over the past five years. The company also highlighted its Ultimate Advisor Partnership, which it describes as a platform designed to help advisors scale their businesses, deepen client relationships, and drive referrals, supported by a culture of independence.
KEY QUOTES:
“We chose Ameriprise for its transparency and the comprehensive experience it delivers to our clients. The firm’s technology puts their entire financial picture at their fingertips while offering flexibility in how they connect with us. That accessibility is the cornerstone of our practice.” “Another important factor was the ability to manage our entire practice, from investments to insurance, in a more efficient and informed way. We now have access to deeper insights and resources that allow us to manage portfolios with greater confidence and communicate that information clearly to our clients.” “The home office has provided exceptional support every step of the way. From transition through ongoing service, our questions are answered promptly and, most importantly, accurately. Beyond that, we’ve received invaluable guidance to help grow our practice. We’re surrounded by a team of professionals who bring expertise in investments, marketing, retirement planning and more than a dozen other areas – all dedicated to strengthening our business.”
Sean Loveday, Private Wealth Advisor, Loveday Caruso Wealth Management Group
“We are incredibly excited about how we will be able to grow our business and integrate client events and engagement. The feedback from clients has been phenomenal. They love the ease of accessing information and the seamless way they can communicate and do business with us here.”
Sarah Caruso, Financial Advisor, Loveday Caruso Wealth Management Group
