Ameriprise Financial

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Ameriprise Financial" – news · newspapers · books · scholar · JSTOR (June 2023) (Learn how and when to remove this message)

Ameriprise Financial, Inc.

Headquarters at Ameriprise Financial Center
Company type	Public
Traded as	NYSE: AMP S&P 500 component
Industry	Financial services
Founded	1894; 130 years ago (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	Wealth management Asset management Brokerage firm Insurance Financial planner
Revenue	US$13.44 billion (2021)
Operating income	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	Columbia Threadneedle Investments RiverSource Life Insurance Company
Website	ameriprise.com
Footnotes / references [1]

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]

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]}