AMERIPRISE FINANCIAL INC
Q1 2020 Form 13-F
AMERIPRISE FINANCIAL, INC. Form 13-F reported portfolio values from Q3 2013 to Q1 2025
Description and Activity
Ameriprise Financial is a diversified financial services company that operates on a global scale, offering a wide range of products and services designed to help clients achieve their financial goals. Established in 1894, the company has a long-standing history and has expanded both organically and through strategic acquisitions.
The company is organized into four main segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment focuses on providing financial planning and advice, as well as full-service brokerage services, primarily targeting retail clients through a network of financial advisors. This segment generates revenue through fees, commissions, and distribution fees.
The Asset Management segment provides investment management services and products to retail, high net worth, and institutional clients globally. Revenue in this segment is driven by managed asset balances, performance fees, and distribution fees. The Retirement & Protection Solutions segment offers annuity products, life insurance, and disability income insurance, generating revenue through premiums, fees, and charges. Continue reading...
The Corporate & Other segment comprises corporate expenses, investments, and miscellaneous items. Ameriprise Financial operates in 17 key markets worldwide, with investment offices in countries such as the United States, France, Germany, Luxembourg, the Netherlands, Singapore, and the United Kingdom. The company has a substantial network of over 10,000 financial advisors globally.
Ameriprise Financial reinsures a portion of its insurance risks through agreements with unaffiliated reinsurers and maintains a significant presence in the long-term care insurance market. The company operates in a highly competitive industry, facing competition from various financial institutions, broker-dealers, and insurance companies. To attract and retain clients, Ameriprise offers a comprehensive range of products and services, along with investment advice and financial planning.
The company is subject to extensive regulatory oversight, including federal, state, and foreign laws and regulations. It is registered with the SEC as a broker-dealer and investment adviser and is a member of FINRA. Additionally, Ameriprise Financial's insurance and banking subsidiaries are regulated by state insurance departments and other regulatory agencies.
In summary, Ameriprise Financial is a well-established player in the financial services industry, offering a broad spectrum of investment, insurance, and banking products. The company's extensive global presence, large network of financial advisors, and robust compliance framework position it as a reputable and significant entity in the market.