JHS has suffered from million-dollar loses in the years between 2010 and 2013 and has also been hit with regulatory fines over fees.
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Ameriprise will acquire independent broker dealer JHS Capital Advisors, which is based in Tampa, Florida, and has retail assets exceeding $4.1 billion. So reports the Tampa Bay Business Journal.
JHS has suffered from million-dollar loses in the years between 2010 and 2013 and has also been hit with regulatory fines over fees.