OverviewSuggest Edit

Ameriprise Financial is a financial company that provides various financial products and services to individual and institutional clients. It offers a variety of financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning.

TypePublic
Founded1894
HQMinneapolis, MN, US
Websiteameriprise.com
Employee Ratings3.8
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2020)12,300(-1%)
Job Openings325
Revenue (FY, 2020)$11.9 B(-8%)
Share Price (Sept 2021)$266.6(-1%)
Cybersecurity ratingBMore

Key People/Management at Ameriprise Financial

James M. Cracchiolo

James M. Cracchiolo

Chairman and Chief Executive Officer
Walter S. Berman

Walter S. Berman

Executive Vice President and Chief Financial Officer
Kelli Hunter Petruzillo

Kelli Hunter Petruzillo

Executive Vice President – Human Resources
Neal Maglaque

Neal Maglaque

President, Advice & Wealth Management Business Development and Chief Operating Officer
Deirdre McGraw

Deirdre McGraw

Executive Vice President, Marketing, Communications and Community Relations
Pat O'Connell

Pat O'Connell

Executive Vice President
Show more

Ameriprise Financial Office Locations

Ameriprise Financial has offices in Minneapolis, Boston, New York and Gurugram
Minneapolis, MN, US (HQ)
707 2nd Ave S
Boston, MA, US
60 State St Ste 2100
New York, NY, US
One World Trade Center, 285 Fulton St
Gurugram, IN
plot 14, Ameriprise Financial, Udyog Vihar, Sector 18
Show all (4)

Ameriprise Financial Financials and Metrics

Ameriprise Financial Revenue

Embed Graph
View revenue for all periods
Ameriprise Financial's revenue was reported to be $11.9 b in FY, 2020 which is a 8.2% decrease from the previous period.
USD

Revenue (Q2, 2021)

3.4b

Gross profit (Q2, 2021)

2.9b

Gross profit margin (Q2, 2021), %

84.6%

Net income (Q2, 2021)

591.0m

Market capitalization (14-Sept-2021)

30.9b

Closing stock price (14-Sept-2021)

266.6

Cash (30-Jun-2021)

7.1b

EV

26.6b
Ameriprise Financial's current market capitalization is $30.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

12.9b13.0b11.9b

Revenue growth, %

7%0%(8%)

Cost of goods sold

3.0b3.2b2.5b

Gross profit

9.9b9.7b9.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

3.1b3.2b3.3b3.0b2.7b3.0b3.4b3.4b

Cost of goods sold

874.0m770.0m721.0m1.7b1.2b934.0m812.0m528.0m

Gross profit

2.2b2.5b2.6b1.3b1.5b2.1b2.5b2.9b

Gross profit Margin, %

72%76%78%45%56%69%76%85%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

3.1b3.8b6.8b

Accounts Receivable

6.2b7.2b7.8b

Total Assets

137.2b151.8b165.9b

Accounts Payable

1.9b1.9b2.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

3.3b4.4b5.4b8.8b7.7b7.7b5.8b7.1b

Accounts Receivable

7.5b7.4b7.3b7.2b7.3b7.4b8.1b8.1b

Total Assets

144.4b148.7b149.5b145.7b154.9b158.7b165.7b171.7b

Accounts Payable

1.6b1.7b1.8b1.4b1.7b1.8b1.8b2.0b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.1b1.9b1.5b

Depreciation and Amortization

198.0m183.0m207.0m

Accounts Payable

(100.0m)46.0m129.0m

Cash From Operating Activities

2.6b2.3b4.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

395.0m887.0m1.4b2.0b1.5b1.4b437.0m1.0b

Depreciation and Amortization

46.0m91.0m132.0m47.0m96.0m150.0m60.0m120.0m

Accounts Payable

(177.0m)(91.0m)(43.0m)(432.0m)(205.0m)(94.0m)163.0m153.0m

Cash From Operating Activities

172.0m1.2b2.6b4.9b4.7b5.6b(1.0b)931.0m
USDFY, 2018

EV/CFO

6.1 x

Revenue/Employee

923.1k

Debt/Equity

0.9 x

Financial Leverage

24.6 x

P/E Ratio

7.3
Show all financial metrics

Ameriprise Financial Operating Metrics

Ameriprise Financial's Assets Under Management was reported to be $978b in Q2, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Advisors

10 k10 k10 k

Assets Under Administration

$168.5 b$183.5 b$186.9 b$186.5 b$195.3 b$167.7 b$187.7 b$197.7 b$216.1 b$222.9 b$233.3 b

Assets Under Management

$654.2 b$707.7 b$729 b$734.8 b$778.1 b$671.4 b$759.1 b$800.9 b$886 b$921.1 b$978 b
Show all operating metrics

Ameriprise Financial Acquisitions / Subsidiaries

Company NameDateDeal Size
JHS CapitalApril 28, 2015
Columbia ManagementMay 03, 2010
H&R BlockNovember 03, 2008$315 m
J & W SeligmanJuly 07, 2008
Threadneedle Asset ManagementOctober 01, 2003
Securities AmericaFebruary 02, 1998
American Enterprise Investment Services Inc.
Ameriprise Bank, FSB
Ameriprise Certificate Company
Ameriprise Financial Services, Inc.
Show more

Ameriprise Financial Revenue Breakdown

Embed Graph

Ameriprise Financial revenue breakdown by business segment: 24.0% from Asset Management, 48.9% from Advice & Wealth Management, 22.5% from Retirement & Protection Solutions and 4.6% from Other

Human Capital Metrics

Embed Graph
Show all human capital metrics

Ameriprise Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Ameriprise Financial Online and Social Media Presence

Embed Graph

Ameriprise Financial Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    B

    72/100

  • Compensation

    C

    63/100

  • Diversity

    C

    65/100

Learn more on Comparably

Ameriprise Financial News and Updates

Third Coast Advisors Launches Investment Program in Partnership with Ameriprise Financial

Third Coast Advisors Launches Investment Program in Partnership with Ameriprise Financial

Seven Ameriprise Financial Advisors Named to the Forbes "America's Top Wealth Advisors" List

Ameriprise Financial Inc. today announced that seven of its financial advisors were named to the Forbes list of "America's Top Wealth Advisors." Each year, Forbes publishes the list recognizing the top 250 advisors across the country based on several factors including success in the business, compli…

Local Ameriprise Financial Office Promotes Creighton Hayworth

Creighton Hayworth has been promoted to financial adviser with the practice of Carolina Capital Advisors, according to a news release.

Ameriprise’s Commitment to Supporting Women Attracts Advisor with Over $200 Million in Client Assets

Financial advisor Kim Latimer, CFP® recently joined the branch channel of Ameriprise Financial (NYSE: AMP) from Merrill Lynch in Houston, Texas with $211 million in client assets. Latimer was attracted to Ameriprise’s commitment to supporting women, and the depth of the resources the firm provides t…

Ameriprise Financial Declares Regular Quarterly Dividend

The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $1.13 per common share payable on August 20, 2021 to shareholders of record at the close of business on August 9, 2021
Show more

Ameriprise Financial Frequently Asked Questions

  • When was Ameriprise Financial founded?

    Ameriprise Financial was founded in 1894.

  • Who are Ameriprise Financial key executives?

    Ameriprise Financial's key executives are James M. Cracchiolo, Walter S. Berman and Kelli Hunter Petruzillo.

  • How many employees does Ameriprise Financial have?

    Ameriprise Financial has 12,300 employees.

  • What is Ameriprise Financial revenue?

    Latest Ameriprise Financial annual revenue is $11.9 b.

  • What is Ameriprise Financial revenue per employee?

    Latest Ameriprise Financial revenue per employee is $967.4 k.

  • Who are Ameriprise Financial competitors?

    Competitors of Ameriprise Financial include Fidelity National Financial, Lincoln Financial and Prudential Financial.

  • Where is Ameriprise Financial headquarters?

    Ameriprise Financial headquarters is located at 707 2nd Ave S, Minneapolis.

  • Where are Ameriprise Financial offices?

    Ameriprise Financial has offices in Minneapolis, Boston, New York and Gurugram.

  • How many offices does Ameriprise Financial have?

    Ameriprise Financial has 4 offices.