Ameriprise Financial Services, Inc., N/K/A Ameriprise Financial Services, LLC; And Doug Wilson v. Evan Connoly Bettis and Megan Marie Bettis, Trustees of the Victor L. Bettis Living Trust

CourtCourt of Appeals of Arkansas
DecidedApril 29, 2026
StatusPublished
Cited by1 cases

This text of Ameriprise Financial Services, Inc., N/K/A Ameriprise Financial Services, LLC; And Doug Wilson v. Evan Connoly Bettis and Megan Marie Bettis, Trustees of the Victor L. Bettis Living Trust (Ameriprise Financial Services, Inc., N/K/A Ameriprise Financial Services, LLC; And Doug Wilson v. Evan Connoly Bettis and Megan Marie Bettis, Trustees of the Victor L. Bettis Living Trust) is published on Counsel Stack Legal Research, covering Court of Appeals of Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Ameriprise Financial Services, Inc., N/K/A Ameriprise Financial Services, LLC; And Doug Wilson v. Evan Connoly Bettis and Megan Marie Bettis, Trustees of the Victor L. Bettis Living Trust, (Ark. Ct. App. 2026).

Opinion

Cite as 2026 Ark. App. 256 ARKANSAS COURT OF APPEALS DIVISION II No. CV-24-732

AMERIPRISE FINANCIAL SERVICES, Opinion Delivered April 29, 2026

INC., N/K/A AMERIPRISE FINANCIAL APPEAL FROM THE PULASKI SERVICES, LLC; AND DOUG WILSON COUNTY CIRCUIT COURT, FOURTH APPELLANTS DIVISION [NO. 60CV-20-4516] V. HONORABLE HERBERT WRIGHT, EVAN CONNOLY BETTIS AND JUDGE MEGAN MARIE BETTIS, TRUSTEES OF THE VICTOR L. BETTIS LIVING TRUST AFFIRMED APPELLEES

RAYMOND R. ABRAMSON, Judge

Appellants Ameriprise Financial Services, Inc., n/k/a Ameriprise Financial Services,

LLC (“Ameriprise”); and Doug Wilson (“Wilson”) bring this interlocutory appeal from the

July 22, 2024 order of the Pulaski County Circuit Court denying their countermotion to

compel arbitration. On appeal, Ameriprise and Wilson argue (1) tort claims are subject to

arbitration when the Federal Arbitration Act (FAA) applies; (2) appellees are bound by the

arbitration provisions of a contract as third-party beneficiaries; and (3) appellees’ claims arise

from a contractual agreement and do not sound in tort. We affirm.

I. Background On March 18, 2020, Victor Bettis established the Victor L. Bettis Living Trust. Prior

to the creation of the trust, Victor owned an Ameriprise IRA account. Gina Bettis, Victor’s

wife, was the named beneficiary of Victor’s IRA account. Pursuant to the terms of the trust,

however, Victor’s IRA was to become an asset of the trust. Victor’s children, Evan Connoly

Bettis and Megan Marie Bettis (“Trustees”) allege that a “Tax-Qualified Accounts

Designation” changed the beneficiary of Victor’s IRA from Gina to the Victor L. Bettis

Living Trust and was forwarded by Victor’s estate-planning attorney to Wilson, the

Ameriprise representative, for processing. They further allege that Ameriprise negligently

failed to timely process the beneficiary-change request before Victor’s death on July 8, 2020.

As a result of such negligence, Gina—rather than Victor’s trust—remained the beneficiary

when Victor died.

On August 17, Evan and Megan filed suit as the Trustees of the Victor L. Bettis Living

Trust against Ameriprise and Wilson. In their complaint, they allege that they are the

successor Trustees of the Victor L. Bettis Living Trust, which became irrevocable upon

Victor’s death. Appellees assert a claim against Ameriprise and Wilson for their negligence

in not timely processing the change-of-beneficiary form.

On October 29, 2020, Ameriprise filed its third-party complaint and counterclaim

for interpleader against Gina. After Victor’s death on July 8, the proceeds of Victor’s IRA

were used to fund Gina’s IRA. Ameriprise alleged that Gina’s IRA ownership conflicts with

the Trustees’ contention that Ameriprise and its representative were negligent. Even though

the Trustees assert neither a claim against Gina nor a claim to Gina’s IRA, Ameriprise

2 contends that the Trustees and Gina have conflicting claims to the funds in Gina’s IRA, and

Ameriprise should therefore be permitted to interplead Gina’s IRA and be absolved from

further liability to Gina for her IRA.

On November 19, Gina filed a motion to compel Ameriprise and Wilson to arbitrate

their claims. On December 3, Ameriprise and Wilson filed a countermotion to compel

arbitration as to all parties. Following a hearing, the circuit court initially denied Gina’s

motion and did not rule on Ameriprise and Wilson’s countermotion. Gina timely appealed

that interlocutory order, and we reversed and remanded the circuit court order, finding that

there was a valid arbitration agreement between Gina and Ameriprise and Wilson. See Bettis

v. Ameriprise Fin. Servs., Inc., 2023 Ark. App. 350 (Ameriprise I).

On remand, the circuit court ordered arbitration as to Bettis’s countercomplaint

against appellants. Appellants then moved for the circuit court to require appellees to also

submit to arbitration. After requesting full briefing on the issue, the circuit court issued a

written order:

The Court finds that Plaintiff’s description of the relationship here is correct and, accordingly, the Ameriprise Defendants’ Motion to Compel Arbitration as to the Plaintiffs should be, and is hereby, ordered DENIED.

Ameriprise argues that Plaintiffs would be using the contract as sword and shield—taking advantage of it to hale Ameriprise into court but ignoring a contractual duty to arbitrate. The Court finds that the Plaintiffs’ claims against the Defendants sound in tort and that they are not suing Defendants pursuant to the terms of a contract. Plaintiffs’ case against Defendants is owing to an allegation of breach of a duty of care by failing to properly amend a beneficiary form. Plaintiffs deny that they are a party to any contract with Ameriprise, and the Court agrees that their cause of action against Defendants does not flow from a contractual duty.

3 Ameriprise now brings this interlocutory appeal.

II. Preservation

An order denying a motion to compel arbitration is immediately appealable pursuant

to Arkansas Rule of Appellate Procedure–Civil 2(a)(12) (2025). We review a circuit court’s

denial of a motion to compel arbitration de novo on the record. Courtyard Gardens Health &

Rehab., LLC v. Arnold, 2016 Ark. 62, 485 S.W.3d 669; Robinson Nursing & Rehab. Ctr., LLC

v. Phillips, 2019 Ark. 305, at 4, 586 S.W.3d 624, 628–29.

It is undisputed that

this court will not consider arguments that are not preserved for appellate review. It is incumbent upon the parties to raise arguments initially to the circuit court in order to give that court an opportunity to consider them. Otherwise, we would be placed in the position of possibly reversing a circuit court for reasons not addressed by that court.

ProAssurance Indem. Co. v. Metheny, 2012 Ark. 461, at 18, 425 S.W.3d 689, 699–700 (internal

citations omitted). Failure to obtain a ruling on an issue precludes our review on appeal, and

“[w]hen a circuit court does not provide a ruling on an issue, it is an appellant’s responsibility

to obtain a ruling to preserve the issue for appeal.” Pritchett v. Spicer, 2017 Ark. 82, at 9, 513

S.W.3d 252, 257–58 (internal citations omitted); see Pines - Progressive Eldercare Servs., Inc. v.

Brock, 2025 Ark. App. 63, at 6, 706 S.W.3d 1, 4 (holding that an issue raised below but not

specifically ruled on is not preserved for review).

The Trustees argue that Ameriprise and Wilson have not preserved their first two

arguments for appeal, making their third argument irrelevant. Specifically, the Trustees note

4 that Ameriprise and Wilson did not get a specific ruling on the issues of whether the FAA

encompasses tort claims, nor did they obtain a ruling as to whether the Trustees were third-

party beneficiaries. Ameriprise and Wilson argue that their arguments are preserved by both

Ameriprise I and through their attempts to get the court to issue specific findings. Both claims

are belied by the record.

Specifically, Ameriprise and Wilson allege that “[a]pplication of the FAA to the

Ameriprise Individual Retirement Account (“IRA”) is the law of the case.” In so stating, they

misrepresent our holding in Ameriprise I. In Ameriprise I, this court held that there was a valid

arbitration agreement between Ameriprise and Gina Bettis. Gina is not a party to this appeal.

This court then specifically held,

The circuit court did not rule on their countermotion to compel arbitration as to all parties or dismiss the complaint for failure to join a necessary party.

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Ameriprise Financial Services, Inc., N/K/A Ameriprise Financial Services, LLC; And Doug Wilson v. Evan Connoly Bettis and Megan Marie Bettis, Trustees of the Victor L. Bettis Living Trust, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ameriprise-financial-services-inc-nka-ameriprise-financial-services-arkctapp-2026.