Ameriprise Financial Services Inc.
A subsidiary of Ameriprise Financial
108 Ameriprise Financial Center
Minneapolis, MN 55474
Clearing firm: Self-clearing
No. advisers: 7,668
Year founded: 1894
Year end: Dec. 31
For More Information
|Recruiting Contact||Manish P. Dave|
|Compliance Contact||John Junek|
|Marketing Contact||Deirdre D. McGraw|
|Technology Operations Contact||Randy Kupper|
Recruitment & Staffing
|No. of reps||7,668||7,706||7,589|
|No. of producing reps||7,668||7,706||7,589|
|No. of reps producing $100K-$499K /year||0||0||0|
|Total revenues: Other||$615,628,962||$580,763,131||$557,100,000|
|Total account assets||0||0||0|
|Total account assets: Other||0||0||0|
|Average assets per rep||0||—||0|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||Ameriprise Advisor Mobile is an app for advisors and staff that links data from several tools together into one, simple interface. It can be accessed from smartphones, tablets and computers anywhere, anytime â€“ providing a seamless and secure way to stay connected with clients while in the office or on the go.|
June 12, 2017 - Finra has charged a former Morgan Stanley broker with misleading a client about the size of the client's account, making unauthorized trades and trying to settle the matter directly with the client rather than involving the firm. In a June 9 enforcement...
June 6, 2017 - Ameriprise Financial Services Inc. is the latest major brokerage firm to slash the number of investment products its brokers can sell as the industry counts down to Friday, when the Department of Labor's fiduciary rule takes effect. On Monday, Ameriprise...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($M) % change vs. 2015 2016 commission revenue ($M) % change vs. 2015 2016 fee revenue ($M) % change vs. 2015 2016 other revenue ($M) % change vs. 2015 1 LPL Financial...
April 22, 2017 - As commission revenue continued its decline in 2016 and headwinds from regulators stiffened, the independent broker-dealer industry hit a wall, with the top 25 firms â€” those with roughly $250 million and more in total revenue â€” collectively reporting...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
August 10, 2016 - Wall Street alternative investment giant The Blackstone Group, with $356 billion in assets, is diving into the beleaguered nontraded real estate investment trust marketplace, registering its first nontraded REIT with the Securities and Exchange Commission...
January 12, 2015 - It's a classic dispute over what client information brokers can take with them when they move among brokerages, but this time a registered investment adviser is the one picking a fight with a big firm. Hanson McClain Inc., a registered investment adviser...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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