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Ameriprise Financial, Inc. (AMP)

NYSE - NYSE Delayed Price. Currency in USD
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190.19-2.48 (-1.29%)
At close: 4:02PM EST

Ameriprise Financial, Inc.

55 Ameriprise Financial Center
Minneapolis, MN 55474
United States
612-671-3131
http://www.ameriprise.com

Sector(s)Financial Services
IndustryAsset Management
Full Time Employees12,500

Key Executives

NameTitlePayExercisedYear Born
Mr. James M. CracchioloChairman & CEO7.41MN/A1959
Mr. Walter S. BermanExec. VP & CFO3.49MN/A1943
Mr. Colin Moore AIIMRExec. VP & Global Chief Investment Officer2.3MN/A1958
Mr. William Frederick TruscottChief Exec. Officer of Global Asset Management2.89MN/A1960
Mr. Joseph Edward SweeneyPres of Advice & Wealth Management - Products and Service Delivery1.96MN/A1961
Mr. Charles Neal MaglaquePres of Advice, Wealth Management & Bus. Devel. and COON/AN/A1957
Mr. John R. HuttSr. VP of Corp. Fin., Controller & Principal Accounting OfficerN/AN/A1975
Mr. Gerard P. SmythExec. VP & Chief Information OfficerN/AN/AN/A
Ms. Alicia A. CharitySr. VP of Investor RelationsN/AN/AN/A
Ms. Karen Wilson ThissenExec. VP & Gen. CounselN/AN/A1967
Amounts are as of December 31, 2019 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. Currency in USD.

Description

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through five segments: Advice & Wealth Management, Asset Management, Annuities, Protection, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. The Asset Management segment offers investment management, advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force. Its products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property funds. The Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. The Protection segment offers variable and fixed annuity products to address the protection and risk management needs of retail clients, including life and disability income insurance. The Corporate & Other segment consist of long term care business, net investment income or loss on corporate level assets. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

Corporate Governance

Ameriprise Financial, Inc.’s ISS Governance QualityScore as of November 1, 2019 is 6. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 4; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.