Company

Ameriprise Financial, Inc.

Headquarters: Minneapolis, MN, United States

Founded: 1894

Employees: 12,000

CEO: Mr. James M. Cracchiolo

NYSE: AMP +1.27%

Market Cap

$38.51 Billion

USD as of Jan. 1, 2024

Market Cap History

Ameriprise Financial, Inc. market capitalization over time

Evolution of Ameriprise Financial, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Ameriprise Financial, Inc.

Detailed Description

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment products also 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, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

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Stocks & Indices

Ameriprise Financial, Inc. has the following listings and related stock indices.


Stock: NYSE: AMP wb_incandescent

Stock: BMV: AMP wb_incandescent

Stock: Bovespa: A1MP34 wb_incandescent

Stock: FSX: A4S wb_incandescent

Product & Services

Investments, Wealth management Asset management Brokerage firm Insurance Financial planner

Key People

Founder(s): John Tappan and J. R Ridgway

James M. Cracchiolo, Chairman & CEO Walter S. Berman, CFO Jeff Noddle, director Lon R. Greenberg, director

Financials

Revenue: US$11.9 billion(2020)

Net income: US$1.5 billion(2020)


Total assets: US$165.9 billion(2020)

Total equity: US$5.9 billion(2020)

Details

Headquarters:

55 Ameriprise Financial Center

Minneapolis, MN 55474

United States

Phone: 612-671-3131