Ameriprise Financial
Ameriprise Financial, Inc. is a diversified financial services company and bank holding company incorporated in Delaware and headquartered in Minneapolis, Minnesota. It provides financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning.
Headquarters at Ameriprise Financial Center | |
| Company type | Public company |
|---|---|
Traded as |
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| Industry | Financial services |
| Founded | 1894 |
| Founders | John Tappan and J.R. Ridgway |
| Headquarters | Ameriprise Financial Center, Minneapolis, Minnesota , U.S. |
Area served | Worldwide |
Key people | James M. Cracchiolo, Chairman & CEO Walter S. Berman, CFO Jeff Noddle, director Lon R. Greenberg, director |
| Products | Investments |
| Services |
|
| Revenue | US$13.44 billion (2021) |
| US$3.55 billion (2021) | |
Net income | US$2.76 billion (2021) |
| AUM | US$1.17 trillion (2021) |
| Total assets | US$175.98 billion (2021) |
| Total equity | US$5.69 billion (2021) |
Number of employees | c. 12,000 (December 2021) |
| Subsidiaries |
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| Website | www |
| Footnotes / references | |
As of April 2022, more than 80% of the company's revenue came from wealth management.
Ameriprise was formerly a division of American Express, which completed the corporate spin-off of the company in September 2005.
The company is ranked 245th on the Fortune 500. It is on the list of largest banks in the United States. and was also ranked the 9th largest independent broker-dealer based on assets under management. It is one of the largest financial planning companies in the United States and is among the 25 largest asset managers in the world. It is ranked 8th in long-term mutual fund assets in the U.S., fourth in retail funds in the U.K., and 27th in global assets under management.