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Ameriprise Financial
American financial services company / From Wikipedia, the free encyclopedia
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Ameriprise Financial, Inc. is an American diversified financial services company and bank holding company based in Minneapolis, Minnesota.[1] It provides financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning.[1]
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![]() Headquarters at Ameriprise Financial Center | |
Company type | Public |
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Industry | Financial services |
Founded | 1894; 130 years ago (1894) |
Founders | John Tappan and J.R. Ridgway |
Headquarters | Ameriprise Financial Center, , 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 | ![]() |
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AUM | ![]() |
Total assets | ![]() |
Total equity | ![]() |
Number of employees | c. 12,000 (December 2021) |
Subsidiaries | |
Website | ameriprise |
Footnotes / references [1] |
As of April 2022, more than 80% of the company's revenue came from wealth management.[1][2]
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.[3] 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.[1] 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.[citation needed]