Ameriprise Financial company profile
- CEO
- James Michael Cracchiolo
- Employees
- 13,600
- Headquarters
- 1099 Ameriprise Financial Center, Minneapolis, MN 55474, US
- Sector
- Financial Services
- Industry
- Asset Management
- IPO date
- 15 Sept 2005
- Stock exchange
- NYSE
- ISIN
- US03076C1062
Website:ameriprise.com
About the company
Ameriprise Financial, Inc. is a holding company, which engages in providing financial planning, asset management, and insurance services to individuals, businesses, and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment consists of financial planning and advice, as well as full-service brokerage services for retail clients through financial advisors. The Asset Management segment offers investment management, advice, and products to retail, high net worth, and institutional clients through Columbia Threadneedle. The Retirement & Protection Solutions segment refers to RiverSource solutions, which includes clients annuities, life insurance, and disability income insurance products. The Corporate & Other segment handles closed blocks of business and net investment income or loss on corporate level assets, including excess capital held in subsidiaries. The company was founded by John Tappan in 1894 and is headquartered in Minneapolis, MN.
Employees
Ameriprise Financial had about 13,600 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 0.0% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Ameriprise Financial
Institutions such as funds, banks and insurers held 85.0% of Ameriprise Financial's shares on 30 June 2026, 1,419 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Ameriprise Financial pays its executives
The chief executive was paid 28.14M USD for fiscal 2024, 28% of it in shares and options.
| Name and position | Salary | Stock awards | Option awards | Cash incentive | Other pay | Total pay |
|---|---|---|---|---|---|---|
| James M. Cracchiolo Chairman and Chief Executive Officer | 1.25M USD | 4.64M USD | 3.36M USD | 8.50M USD | 729.45K USD | 28.14M USD |
| Walter S. Berman Executive Vice President, Chief Financial Officer | 675.00K USD | 1.22M USD | 1.04M USD | 3.33M USD | 199.26K USD | 9.49M USD |
| William F. Truscott Chief Executive Officer, Global Asset Management | 675.00K USD | 978.75K USD | 833.75K USD | 3.04M USD | 251.51K USD | 7.96M USD |
| Joseph E. Sweeney President, Advice & Wealth Management Products and Service Delivery | 644.23K USD | 695.25K USD | 592.25K USD | 2.38M USD | 146.61K USD | 6.13M USD |
| William Davies Executive Vice President Global Chief Investment Officer | 813.74K USD | 237.67K USD | 202.46K USD | 2.32M USD | 34.06K USD | 4.43M USD |
FY2024 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Ameriprise Financial
Source: Financial Modeling Prep
