Ameriprise Financial, Inc.

Overview

Ameriprise Financial, Inc. is a diversified financial services holding company incorporated in Delaware. It conducts its primary operations through subsidiaries and focuses on two go-to-market approaches: Wealth Management and Asset Management. Key brands and solutions include the RiverSource brand for life and disability income insurance, annuities, and related products, and Columbia Threadneedle Investments as the global asset management brand. The company’s core objective is to provide holistic financial planning and advice and to manage and protect clients’ assets and income.

Business structure and segments

Operating segments:

• Advice & Wealth Management
• Asset Management
• Retirement & Protection Solutions
• Corporate & Other

The company emphasizes asset gathering and retention as a key performance metric, measured by assets under management, administration, and advisement.

Assets and scale (latest disclosed figures)

• Assets under management, administration, and advisement: $1.7 trillion as of December 31, 2025
• Prior year: $1.5 trillion as of December 31, 2024
• Advising/advisors network: more than 10,000 financial advisors across branded affiliated advisor programs

Wealth Management

• Primary growth engine in the United States.
• Target market: households with $500,000 to $5,000,000 in investable assets, while also serving higher‑net‑worth clients.
• Distribution: network of branded affiliated advisors delivering financial planning, advice, cash management and banking products, and full‑service brokerage.
• Support: integrated technology platform, training, leadership, and marketing programs to improve advisor productivity and client satisfaction.
• Product and service suite: financial planning and advice, cash management and banking, brokerage services, and RiverSource life/disability income insurance and annuities.

Asset Management

• Global asset management arm: Columbia Threadneedle Investments.
• Distribution channels: third parties (retail and institutional), direct retail, institutional sales force, and advisor network.
• Investment approach: focus on delivering consistently strong, competitive investment performance.
• Growth focus: draw on global capabilities to expand investment solutions and meet client demand.

History and development highlights

• Origins trace back more than 130 years to Investors Syndicate, founded in 1894.
• Formed as a Delaware corporation in 1983 in connection with American Express’ acquisition of IDS Financial Services.
• Adopted the Ameriprise Financial, Inc. name after separating from American Express in 2005.
• Growth through acquisitions, including Threadneedle Asset Management Holdings, H&R Block Financial Advisors, J. & W. Seligman & Co., Columbia Management, Investment Professionals, Inc., and BMO Financial Group’s European asset management business.
• Banking and regulatory developments: in May 2019, Ameriprise National Trust Bank converted to Ameriprise Bank, FSB to expand direct client products. Ameriprise Financial became a savings and loan holding company and elected to be classified as a financial holding company under the Bank Holding Company Act, subject to Federal Reserve Board supervision.

Additional context

The company’s strategy centers on cross‑business collaboration to enhance investment solutions and advisory capabilities. Brand positioning relies on a large, advisory‑focused network, technology‑enabled service delivery, and a diversified product suite across wealth, retirement, protection, and asset management needs.