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Ameriprise Financial Inc. (AMP)At 12:19PM ET: 38.10  Down 0.04 (0.10%)  
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Ameriprise Financial Inc.
1099 Ameriprise Financial Center
Minneapolis, MN 55474
United States - Map
Phone: 612-671-3131
Web Site: http://www.ameriprise.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:Asset Management
Full Time Employees:12,000

BUSINESS SUMMARY 
Ameriprise Financial, Inc. provides financial planning, asset management, and insurance services to individuals, businesses, and institutions. It operates through two segments, Asset Accumulation and Income, and Protection. The Asset Accumulation and Income segment offers own and other companiesÂ’ mutual funds, as well as own annuities and other asset accumulation and income management products and services to retail clients through financial advisor network. It also offers annuity products through outside channels, such as banks and broker-dealer networks. This segment also serves institutional clients in the separately managed account, subadvisory, and 401(k) markets. The Protection segment offers various life insurance, disability income, and brokered insurance products through financial advisor network. It also offers personal auto and home insurance products on a direct basis to retail clients principally through strategic marketing alliances. The company also operates Ameriprise Bank, FSB in Minneapolis and Phoenix, which offers a suite of products to meet clients' borrowing, cash management, and personal trust needs. The bank offers home lending program, including mortgages, home equity loans, and lines of credit through financial advisor network. The company was founded in 1894 under the name Investors Syndicate and changed its name to Investors Diversified Services, Inc. in 1949. It further changed its name to American Express Financial Corporation in 1994 and to Ameriprise Financial, Inc. in 2005. Ameriprise Financial is headquartered in Minneapolis, Minnesota. Ameriprise Financial Inc. (NYSE:AMP) operates independently of American Express Company as of September 30, 2005.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Ameriprise Financial Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 68.2% of S&P 500 companies and 93.2% of Diversified Financials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Jim Cracchiolo , 50
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 2.24M $ 0
    Mr. Walter S. Berman , 66
    Chief Financial Officer and Exec. VP
    $ 687.00K $ 0
    Mr. William Frederick Truscott ,
    Chief Investment Officer and Pres of US Asset Management
    $ 747.00K $ 0
    Mr. Joseph E. Sweeney , 48
    Pres of Advice and Wealth Management Products & Services
    $ 718.00K $ 0
    Mr. Glen Salow , 52
    Exec. VP of Service, Delivery & Technology
    $ 871.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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