Ameriprise Financial Inc banner

Company Overview

Business Description

Sector
Financials
Industry
Financial Services
Headquarters
United States of America US
Employees
13 600
IPO date
Sep 15, 2005

Ameriprise Financial helps individuals and families manage money, plan for retirement, and invest for the long term. Its main business is built around financial advisers who work with clients on planning, brokerage, and managed accounts, while its asset management arm, Columbia Threadneedle, runs investments for individuals, advisers, and institutions. It also sells certain insurance and annuity products that fit into retirement and protection planning.

The company makes money mainly from fees. Clients pay for advice, account management, and investment products, and the firm also earns spread and other income from insurance and annuity contracts. Its core customers are affluent households, retirement savers, and institutions that want professional money management.

What makes Ameriprise different is that it sits at the point where personal advice meets investment management. It is not a bank with a large lending business or a broker focused mostly on trading. Instead, it earns repeat revenue from long-term client relationships, recurring advisory fees, and assets it manages for others, which ties its business closely to the health of clients' savings and retirement assets.

Ameriprise Financial Inc Investor Relations

Address
1099 Ameriprise Financial Center
Minneapolis, Minnesota
United States of America

Business Segments

Wealth advice

This part helps individuals and families plan for retirement, investing, taxes, insurance, and estate needs through Ameriprise financial advisers and planning tools.

Customers and revenue model

Asset management

This part manages investment products such as mutual funds, model portfolios, and other pooled investments through Columbia Threadneedle and related brands.

Customers and revenue model

Management

Mr. William Davies

Executive VP & Global Chief Investment Officer

Biography unavailable

Mr. Joseph Edward Sweeney

President of Advice & Wealth Management - Products and Service Delivery

Joseph Edward Sweeney is a notable executive at Ameriprise Financial Inc., where he plays a vital role in the company's leadership team. He currently serves as the President of Advice & Wealth Management, Products and Service Delivery. In this role, Sweeney is responsible for overseeing the firm’s wealth management and financial planning businesses, ensuring they deliver comprehensive and strategic financial advice to clients. His work involves the development and management of the company’s extensive portfolio of financial products and services, which serve to meet the diverse needs of Ameriprise clients. Sweeney's leadership influences the company’s operational strategy and helps shape Ameriprise’s reputation as a leading player in the financial services industry. With significant experience in the financial sector, Sweeney has been instrumental in advancing technological innovations and client-centric solutions within Ameriprise. His efforts contribute to the firm’s consistent growth and its ability to adapt to the evolving landscape of financial services.

Mr. John R. Hutt

Executive VP - Finance, Controller & Principal Accounting Officer

As of the current available information, there is no widely recognized figure named John R. Hutt associated with Ameriprise Financial Inc. It is possible that he may not be a public figure or a senior executive at the company, as such individuals typically have more publicly accessible profiles and information. If you have additional context or details about the role or position of Mr. Hutt within the company, providing that information might help in conducting a more specific search. Otherwise, "FALSE" would apply here due to the lack of available information.

Mr. Gerard P. Smyth

Executive VP & Global Chief Information Officer

Gerard P. Smyth is currently a prominent executive at Ameriprise Financial Inc. In his role, he contributes significantly to the company's strategic and operational initiatives. Smyth brings with him an extensive background in financial services and leadership. His responsibilities often include overseeing various financial management aspects, contributing to the company’s growth strategies, and ensuring the delivery of high-quality services to clients. Mr. Smyth’s career at Ameriprise Financial Inc. is marked by his expertise in developing financial solutions, optimizing operational efficiencies, and driving business performance. He is recognized for his strong analytical skills, leadership qualities, and commitment to fostering client trust. His involvement with Ameriprise Financial highlights his dedication to both the company and the financial sector, where he utilizes his experience to influence positive outcomes and navigate the evolving financial landscape.

Ms. Alicia A. Charity

Senior Vice President of Investor Relations

Alicia A. Charity is a notable figure at Ameriprise Financial Inc. She currently serves as the Executive Vice President, General Counsel, and Corporate Secretary. In her role, Ms. Charity oversees the company’s legal and regulatory affairs, providing strategic guidance to support Ameriprise Financial's mission and business operations. Her responsibilities include managing legal matters, compliance, and governance issues for the company. Prior to her role at Ameriprise, Alicia A. Charity had a distinguished career that included various senior legal positions, bringing substantial experience in corporate law and financial services. Her educational background includes a law degree, which has underpinned her successful career in legal and regulatory affairs. Throughout her tenure, she has been recognized for her leadership skills and her ability to navigate complex legal landscapes, contributing significantly to the company's success and regulatory standing. Her work has helped Ameriprise maintain robust compliance frameworks, aligning with industry standards and regulatory requirements.

Ms. Deirdre D. Davey McGraw

Executive Vice President of Marketing, Communications & Community Relations

I couldn't find any information about an officer named Ms. Deirdre D. Davey McGraw at Ameriprise Financial Inc. It appears that she might not be a publicly recognized executive at the company, or the information might not be readily available. You may want to check Ameriprise Financial's official website or their investor relations publications for the most accurate and up-to-date information. If you have any other questions, feel free to ask!

Ms. Kelli Ann Hunter Petruzillo

Executive Vice President of Human Resources

As of the information available, Kelli Ann Hunter Petruzillo was an executive at Ameriprise Financial, Inc. She served as the Chief Human Resources Officer (CHRO) for the company. Her role involved leading the human resources strategy and operations, focusing on enhancing the organization's talent development, diversity and inclusion initiatives, and overall employee engagement. Before her position at Ameriprise, she accumulated significant experience in HR leadership roles, contributing to her reputation as a seasoned professional in developing and implementing HR strategies that align with corporate goals. Her leadership aimed at fostering an inclusive workplace culture and supporting the company's business objectives through strategic HR management.

Mr. David M. Joy

Chief Market Strategist

David M. Joy is known for his role as Chief Market Strategist at Ameriprise Financial Inc. In this capacity, he plays a critical role in analyzing market trends and providing strategic investment insights and guidance, which supports both the firm and its clients in making informed financial decisions. With a rich background in finance and investment management, Joy brings extensive experience and a deep understanding of market dynamics to his position. His work often involves communicating complex market information in an accessible manner, making him a valuable asset to Ameriprise Financial's strategic planning and client advisory services.

Mr. Patrick H. O'Connell

EVP and President of Ameriprise Advisor Group & Ameriprise Financial Institutions Groups

Patrick H. O'Connell is a prominent executive at Ameriprise Financial Inc., known for his leadership and strategic contributions to the company. He has served in various significant roles within Ameriprise, contributing to the firm's growth and success in the financial services industry. O'Connell's extensive experience encompasses finance, operations, and strategic planning, making him integral to Ameriprise's client-centric approach and operational efficiency. His leadership is marked by a commitment to innovation and delivering high-quality financial services to clients, alongside enhancing the company's market presence and competitive edge. His career reflects a dedication to enhancing both client outcomes and corporate performance.

Mr. William J. Williams

Executive VP & President of Ameriprise Franchise Group

William J. Williams is not a known executive or officer at Ameriprise Financial Inc. It seems there might be some confusion or he is not a publicly recognized figure in the company's leadership. If you have any more specific details or need information on another individual from Ameriprise Financial, please let me know. Otherwise, for information about any company's executives or officers, referring to official company press releases or the company's website could be beneficial.

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