Ameriprise Financial

Ameriprise helps people plan for retirement and manage investments. Its advisors offer financial guidance and insurance to individuals and families. The company’s services aim to simplify saving, investing, and protecting wealth for everyday needs.

Products and Services

• Advice & Wealth Management: Financial planning, investment advice, and brokerage for individuals and families.
• Asset Management: Investment products and portfolio management for retail, high net worth, and institutional clients.
• Retirement & Protection Solutions: Annuities, life, and disability insurance for income and risk protection.
• Corporate & Other: Legacy insurance products, corporate investments, and unallocated expenses.

Growth and Expansion

• Acquired Threadneedle in 2003 and Columbia Management in 2010, expanding asset management.
• Bought BMO EMEA asset management in 2021, boosting global reach.
• Entered international markets through Columbia Threadneedle brand.
• Shifted product mix toward lower-risk annuities and expanded advisor network.
• Invested in technology and advisor tools to improve efficiency and client service.

What Makes Ameriprise Stand Out

Ameriprise combines wealth management, asset management, and insurance under one roof. Its large advisor network focuses on long-term client relationships. The company’s global asset management arm, Columbia Threadneedle, offers broad investment options.

Five Things You Need to Know

• Total revenue was $17.93 billion in 2024, up 11% from 2023.
• Net income reached $3.40 billion in 2024, up 33% year-over-year.
• Assets under management and advisement were $1.52 trillion as of December 2024.
• Advice & Wealth Management net revenues were $9.85 billion out of total segment net revenues of $17.08 billion in 2024.
• Ameriprise had over 10,000 financial advisors and 13,600 employees in 2024.

Bottom Line

Ameriprise has evolved through acquisitions and diversification across wealth, asset management, and insurance. Its integrated model and advisor network support steady growth and adaptability in changing markets.