Sykes sells investment firm to Ameriprise

TAMPA -- Ameriprise Financial has acquired an investment advisory firm founded by John Sykes, one of Tampa's most prominent corporate leaders.

JHS Capital Advisors, bearing the initials of businessman John H. Sykes, will join the nationwide network of 10,000 financial advisers that make up the Minneapolis-based company.

Terms of the deal were not disclosed.

“This is a tremendous opportunity for our advisers to be affiliated with the stature, stability and national recognition of Ameriprise,” JHS president and CEO Scott Bendert says, in a release. “Ameriprise offers our advisers considerable career growth opportunities and expanded capabilities to enhance the client experience.”