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In an earnings report released Wednesday, Minneapolis-basedAmeriprise reported it had $703 billion in assets undermanagement and administration at the end of June. It ended thesecond quarter with 9,788 advisers, down 15 from a year earlier.
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This isn’t the first time that a public figure has bet on his future moneymaking potential in the securities markets. British rocker David Bowie famously sold shares in his future earnings with the issue of “Bowie Bonds.”
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