Ameriprise Financial, Inc. (NYSE: AMP) is a trusted, industry-leading financial services firm with over 125 years of operational history. The company provides comprehensive and bespoke financial planning services, investment products, and insurance services to both individual and institutional clients. Ameriprise Financial's main objective is to guide clients through crafting thoughtful, long-term financial plans that cater to their specific goals and needs.
Founded in 1985 and headquartered in Minneapolis, Minnesota, the company has a vast and diversified portfolio that includes asset and wealth management services, insurance products such as annuities and life insurance, retirement planning and other financial planning services. Ameriprise Financial Inc. operates through four segments: Advice & Wealth Management, Asset Management, Annuities, and Protection.
Over the years, Ameriprise Financial has won numerous accolades for its unyielding commitment to helping clients feel confident about their financial future. A distinguishing feature of Ameriprise is its personalized, goal-oriented approach to financial planning, which sets it apart from other firms in the industry. The company's advisors are trained to provide advice based on a holistic understanding of each client’s unique financial circumstances and future objectives.
As of 2021, Ameriprise Financial boasts 12,200 financial advisors and operates across the United States, with a growing presence internationally. Traded on the New York Stock Exchange with the ticker AMP, the company boasts several billions of dollars in assets under management, making it one of the largest financial services companies in the United States. It caters to the financial needs of over 2 million individual, institutional, and small business clients worldwide.
Ameriprise Financial takes corporate responsibility seriously, with ongoing commitment to sustainable business practices. It focuses on environmental stewardship, diversity and inclusion, philanthropy, and governance.
Despite the economic uncertainties due to the global COVID-19 pandemic, the company has demonstrated resilience and economic soundness. Ameriprise's strong financial standing, demonstrated in its robust growth, large scale of operations, and high client retention rate, demonstrate its sustained commitment to its mission of helping people feel confident about their financial future.
Overall, Ameriprise Financial Inc. has built an impressive reputation in the international financial services industry for its comprehensive and personalized financial planning services, robust asset management practices, and unwavering commitment to client service.