AMP - Ameriprise Financial Inc

Company Overview

Name

Ameriprise Financial Inc

Tickers

AMP

Exchanges

NYSE

Employees

13800

Founded

1894

Sector Information

Other Information

CIK

820027

Category

Large accelerated filer

1-Line Summary

Ameriprise Financial offers diversified financial services, including wealth management, investment management, and insurance solutions.

Company summary

Ameriprise Financial is a diversified financial services company with a nearly 130-year history, focusing on guiding both individual and institutional clients to achieve their financial objectives confidently. The company's operations are primarily organized into two key segments: Wealth Management and Asset Management. Through its vast network of over 10,000 financial advisors, Ameriprise provides personalized financial planning, investment management, various banking products, and insurance solutions designed to address clients' diverse needs throughout different life stages and financial goals.

In the Wealth Management segment, Ameriprise emphasizes holistic financial advice targeting households with significant investable assets. The company also maintains a substantial global presence through its Asset Management segment, branded as Columbia Threadneedle Investments, which caters to an extensive range of clients including high-net-worth individuals and institutions. By integrating these services under its established brand, Ameriprise positions itself to leverage growing demand for financial services, especially as demographic trends drive an increasing need for retirement planning and asset management solutions.

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