Ameriprise has poached several experienced financial advisors from MassMutual, Ameriprise says.

Troy Aarthun, Sharon Hickey and Kevin Kimball of Bedford, N.H., join Ameriprise’s franchise channel, aligning with Rise Private Wealth Management, an Ameriprise practice headed by Bob Bonfiglio, according to a press release from Ameriprise. The three advisors previously managed around $126 million at MassMutual, Ameriprise says.

“Ameriprise has a great reputation for supporting advisors who want to provide comprehensive financial planning advice that addresses clients’ biggest needs and concerns,” Hickey, a 26-year veteran of the financial services industry, says in the press release. “Rise Private Wealth prioritizes making every client who walks into the office feel valued and heard. These characteristics align with how we serve clients today, and how we want to continue serving them in the future.”

Meanwhile, Wentworth Management Services has made its fifth acquisition with the addition of Rockaway, N.J.-based Aurora Private Wealth, according to a press release from Wentworth.

"We were looking for a strategic partner to help Aurora continue to grow at a sustainable rate," explained Tim Smith, Founder and CEO of Aurora Private Wealth. "It quickly became obvious that Wentworth’s business model and vision were a perfect fit and one that will allow me to spend more time doing what I love most about this business — working hand-in-hand with clients and advisors."

(Getty)

Auroroa managed around $427 million for close to 2,100 accounts, according to its latest Form ADV.

The companies didn’t disclose the financial terms of the deal.