AMP 📈 Ameriprise Financial - Overview

Ameriprise Financial, Inc. is a leading financial services company that offers a wide range of products and services to individual and institutional clients in the United States and globally. The company operates through four distinct business segments, each catering to specific client needs.

The Advice & Wealth Management segment provides comprehensive financial planning and advice, as well as a suite of brokerage products and services to retail and institutional clients. This includes discretionary and non-discretionary investment advisory accounts, mutual funds, insurance and annuities products, cash management and banking products, and face-amount certificates. This segment enables clients to make informed investment decisions and achieve their financial goals.

The Asset Management segment, operating under the Columbia Threadneedle Investments brand, offers a diverse range of investment management products and services to retail, high net worth, and institutional clients. These products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance and annuity separate accounts, and institutional asset management products such as traditional asset classes, separately managed accounts, and alternative investments like hedge funds and property funds. This segment provides clients with access to a broad spectrum of investment opportunities.

The Retirement & Protection Solutions segment focuses on providing variable annuity products and life and disability income insurance products to retail clients. These products are designed to help individuals plan for their retirement and protect their financial well-being in the event of unforeseen circumstances.

Ameriprise Financial, Inc. has a rich history dating back to 1894 and is headquartered in Minneapolis, Minnesota. The company has undergone significant transformations, including a name change from American Express Financial Corporation to Ameriprise Financial, Inc. in 2005. Today, Ameriprise Financial is a trusted name in the financial services industry, committed to helping its clients achieve their financial aspirations.