Ameriprise Financial, Inc. is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.
Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products. Ameriprise combines personal financial advice delivered by its advisor network with in-house asset management and insurance capabilities to offer integrated solutions spanning short- and long-term savings, income planning and risk protection.
Ameriprise traces its modern corporate identity to businesses formerly affiliated with American Express and became an independent publicly traded company following a corporate separation in the mid-2000s. While the firm’s largest client base is in the United States, it also maintains operations and serves clients in selected international markets, offering asset management and advisory services to both retail and institutional customers.
Leadership at Ameriprise has emphasized an advice-led strategy that leverages its distribution of financial advisors together with proprietary product development. James M. Cracchiolo has served in senior leadership roles at the company, including chairman and chief executive, during the company’s recent independent history. The company positions itself as a provider of integrated planning, investment management and insurance solutions for clients seeking long-term financial guidance.
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