Ameriprise Financial Inc - Company Profile
Powered by
All the data and insights you need on Ameriprise Financial Inc in one report.
- Save hours of research time and resources with
our up-to-date Ameriprise Financial Inc Strategy Report
- Understand Ameriprise Financial Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Ameriprise Financial Inc (AFI) is a diversified financial service holding company, that offers wealth and asset management; cash, cards and lending solutions; insurance and annuities products; financial planning; and personal trust services, through its subsidiaries. Its wealth and asset management services consist of investment solutions such as individual retirement accounts, stock, and exchange-traded products, education savings, mutual funds, syndicate offerings, and real estate and alternative investments. The company offers cash management, accounts, cards, margin lending, and brokerage sweeps. AFI offers insurance solutions for property, casualty, life, disability care, and long-term care. In addition, the company offers annuities, financial planning and retirement planning, professional fiduciary services, specialty trusts, charitable trusts, and testamentary trusts. It has an operational presence in the EMEA, Americas, and Asia-Pacific. The company is headquartered in Minneapolis, Minnesota, the US.
Ameriprise Financial Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Investment | Retirement Planning | Ameriprise Financial |
Individual Retirement Account | Personal Trust | RiverSource |
Stock and Exchange Traded Products | Professional Fiduciary Services | Columbia Threadneedle Investments |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In November, Ameriprise Financial Services and Comerica closed the arrangement to become Comerica’s new investment program provider. |
2023 | Acquisitions/Mergers/Takeovers | In September, the company acquired an additional 144,851 shares of Vanguard Dividend Appreciation ETF. |
2023 | Others | In May, the company added the wealth management arm of Happy State Bank to its financial institutions channel. |
Competitor Comparison
Key Parameters | Ameriprise Financial Inc | Prudential Financial Inc | The Bank of New York Mellon Corp | The PNC Financial Services Group Inc | The Charles Schwab Corp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Minneapolis | Newark | New York | Pittsburgh | Westlake |
State/Province | Minnesota | New Jersey | New York | Pennsylvania | Texas |
No. of Employees | 13,800 | 40,658 | 53,400 | 54,813 | 33,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
James M. Cracchiolo | Chief Executive Officer; Chairman | Executive Board | 2005 | 64 |
Walter S. Berman | Executive Vice President; Chief Financial Officer | Senior Management | 2005 | 80 |
Gerard Smyth | Chief Information Officer; Executive Vice President | Senior Management | 2020 | 61 |
Kelli A. Hunter | Executive Vice President - Human Resources | Senior Management | 2005 | 61 |
Heather J. Melloh | General Counsel; Executive Vice President | Senior Management | 2022 | 51 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer