Ameriprise Financial

Ameriprise helps people manage their money and plan for their future. The company provides financial advice, investment products, and insurance to individuals and big organizations. These services help clients save for retirement and protect their families.

The Product Mix

• Advice and Wealth Management: Financial planning, brokerage services, and banking products for retail and institutional clients through more than 10,000 advisors.
• Asset Management: Investment management and products for global clients, primarily under the Columbia Threadneedle Investments brand.
• Retirement and Protection Solutions: Annuities, life insurance, and disability income products sold through the company's own advisor network.
• Corporate and Other: Management of closed business blocks, including long-term care insurance and older fixed annuity products.

Strategic Moves and Growth

• Converted its trust bank into Ameriprise Bank in 2019 to expand direct banking and lending services for clients.
• Acquired BMO Financial Group's European asset management business to increase its global footprint and product capabilities.
• Integrated Columbia Management and Threadneedle Asset Management to form a unified global investment brand.
• Recruited 1,691 experienced advisors over the last five years to strengthen its primary wealth management growth engine.

A National Network

The company operates one of the largest branded advisor platforms in the U.S., using four different affiliation models to attract diverse financial professionals. Its integrated model connects financial planning with asset management, allowing it to retain client assets across different market cycles.

Financial Momentum

• Total assets under management and advisement reached $1.7 trillion as of December 31, 2025, up 13% from the previous year.
• Revenue grew to $5 billion in Q4 2025, an 8.3% increase from Q4 2024.
• Net income for Q4 2025 was $1 billion, up 167.4% compared to the same period two years ago.
• Gross profit rose to $2.7 billion in Q4 2025, representing a 7% increase over the prior year.

The Big Picture

Ameriprise has transformed from a subsidiary of American Express into an independent, diversified financial leader. Its shift toward fee-based wealth management and global asset expertise supports its stability and long-term business focus.