Ameriprise Financial

Ameriprise Financial, Inc.

Type	Public
Traded as	: AMP S&P 500 Component
Industry	Financial services
Founded	1894
Founder	John Tappan and J.R Ridgway
Headquarters	Ameriprise Financial Center Minneapolis, Minnesota, U.S.
Key people	James M. Cracchiolo (Chairman & CEO) Porter Fraker, Sergeant at Arms
Products	Investments
Revenue	US$ 12,170 million (FY 2015)
Net income	US$ 1,562 million (FY 2015)
Total assets	US$ 777 million (FY 2015)
Total equity	US$ 9.712 million (FY 2012)
Number of employees	12,235 (2013)
Website	www.ameriprise.com

Ameriprise Financial, Inc. is an American diversified financial services company. Ameriprise Financial engages in business through its subsidiaries, providing financial planning, products and services, including wealth management, asset management, insurance, annuities and estate planning.

Ameriprise Financial, Inc., the holding company, is incorporated in Delaware. The company's headquarters are in Minneapolis, Minnesota. James Cracchiolo is the chairman and chief executive officer. The company's primary subsidiaries include Ameriprise Financial Services, Inc., Columbia Management Investment Advisers, LLC, and RiverSource Life Insurance Company. Threadneedle Asset Management is Ameriprise Financial's international asset manager, and a provider of investments to institutional and retail clients.

Ameriprise Financial began life as Investors Syndicate in 1894. Here are a few of the company's key milestones:

Ameriprise Financial is the successor to American Express Financial Advisors (AEFA), a former subsidiary of the American Express Company. In 2005, American Express spun off AEFA as an independent company. AEFA's new name, Ameriprise Financial, Inc. came into effect August 1, 2005, and the spin-off transaction closed on September 30, 2005.

Ameriprise Financial is one of the largest financial planning companies in the United States and is among the 25 largest asset managers in the world. It is ranked 246 in the 2011 Fortune 500.