Ameriprise Financial, Inc. (AMP)

327.93 -7.74 (-2.31%) At close: 04:04PM EDT

Ameriprise Financial, Inc.

1099 Ameriprise Financial Center
Minneapolis, MN 55474
United States
612-671-3131
https://www.ameriprise.com

Sector(s): Financial Services
Industry: Asset Management
Full Time Employees: 13,500

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. James M. Cracchiolo	Chairman & CEO	9.85M	8.91M	1959
Mr. Walter S. Berman	Exec. VP, CFO & Chief Risk Officer	3.94M	8.01M	1943
Mr. William Davies	Exec. VP & Global Chief Investment Officer	2.85M	N/A	1964
Mr. William Frederick Truscott	Chief Exec. Officer of Global Asset Management	3.51M	N/A	1960
Mr. Joseph Edward Sweeney	Pres of Advice & Wealth Management - Products and Service Delivery	2.66M	N/A	1961
Mr. John R. Hutt	Exec. VP - Fin., Controller & Principal Accounting Officer	N/A	N/A	1976
Mr. Gerard P. Smyth	Exec. VP & Global Chief Information Officer	N/A	N/A	1962
Ms. Alicia A. Charity	Sr. VP of Investor Relations	N/A	N/A	N/A
Ms. Heather J. Melloh	Exec. VP & Gen. Counsel	N/A	N/A	1972
Ms. Deirdre D. Davey McGraw	Exec. VP of Marketing, Communications & Community Relations	N/A	N/A	1971

Amounts are as of December 31, 2022 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 four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment 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 and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. The company was founded in 1894 and is headquartered in Minneapolis, Minnesota.

Corporate Governance

Ameriprise Financial, Inc.’s ISS Governance QualityScore as of September 1, 2023 is 4. The pillar scores are Audit: 4; Board: 4; Shareholder Rights: 5; 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.