Ameriprise Financial (AMP) is offering some advisers retention bonuses and discounts on advisory platform fees in an effort to curb recent departures, Citywire reported Thursday, citing sources familiar with the situation.

The packages are tied in part to gross dealer concessions, or revenue generated from product sales, and in some cases include ongoing fee waivers, according to the report.

Advisers who accept the offers are required to sign nondisclosure agreements, a recruiter told Citywire.

Ameriprise Financial didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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