Ameriprise Team Attracts 40-Year Industry Veteran with Nearly $100 Million in Assets
Five months after joining Ameriprise, Monumental Financial Planning adds financial advisor Gary Presslaff from LPL Financial
Financial advisor Gary Presslaff, a 40-year veteran in the financial services industry, recently joined an established independent Ameriprise Financial, Inc. (NYSE:AMP) practice, Monumental Financial Planning, in Washington D.C. Presslaff manages nearly $100 million in client assets and was most recently affiliated with LPL Financial. John Cortale, Ameriprise Private Wealth Advisor and Managing Director of Monumental Financial Planning, joined Ameriprise in May 2024 from LPL with a goal to grow the practice and enhance the quality and scope of services the team provides to clients.
"Joining Ameriprise and Monumental Financial Planning gives me an exciting opportunity to be part of a collaborative team committed to supporting both clients and each other," said Presslaff. "I was drawn to the firm's advanced technology, innovative planning strategies and focus on ensuring clients receive top-tier service in an ever-evolving financial landscape."
"Having previously collaborated with Gary at our previous firm, I have witnessed his extensive knowledge and dedication to client success firsthand and I'm thrilled to welcome him to the team," said Cortale. "We look forward to growing our practice and enhancing our offering with the help of Gary and the collective commitment of our team."
Monumental Financial Planning currently manages over $350 million in client assets and includes four advisors and two support staff. The team is supported locally by Ameriprise Franchise Field Vice President Athena McGuire and Ameriprise Regional Vice President Thomas North.
Ameriprise has continued to attract experienced, productive financial advisors, with more than 400 advisors moving their practices to Ameriprise in 2023 and approximately 1,700 joining the firm in the last 5 years.1 To find out why experienced financial advisors are joining Ameriprise, visit ameriprise.com/why.
About the Ameriprise Ultimate Advisor Partnership
The Ameriprise Ultimate Advisor Partnership offers a differentiated experience for advisors that helps them accelerate growth while delivering an excellent client experience. Combined with the company's culture of support and independence, the Ultimate Advisor Partnership enables advisors to scale their businesses, deepen client relationships and drive referrals for future growth.
About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel confident about their financial future for 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors2, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs.
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1 Ameriprise Financial 2023 10-K.
2 Ameriprise Financial Q2 2024 Earnings Release.
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