After joining Ameriprise recently, a pair of advisors have been the subject of temporary restraining orders filed by their former firms. Ryan Riley left JPMorgan Chase & Co. in July to join Ameriprise. JPMorgan responded by filing for a temporary restraining order ("TRO"), which was granted by a federal judge. However, two weeks after granting the TRO, a federal judge has dissolved the TRO and denied JPMorgan's request for a preliminary injunction. Such a reversal is not uncommon. A federal judge in Florida dissolved a TRO in April, while a federal judge in Oregon refused to extend a TRO in August 2019.

In another ruling, a federal judge in Virginia granted a TRO against advisor Samuel "Ed" Clyburn, Jr. Clyburn left Edward Jones and joined Ameriprise in June 2020. Under the terms of the TRO, Clyburn is prohibited from initiating "any contact or communication of any kind whatsoever for the purpose of inviting, encouraging, or requesting any Edward Jones client" to transfer their account to Ameriprise. The TRO will remain in effect for 14 days. According to the court order, Clyburn had already transferred $42 million of client assets to Ameriprise. While at Edward Jones, Clyburn managed $70 million in client assets.

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