Ameriprise Financial Services Inc.
A subsidiary of Ameriprise Financial
108 Ameriprise Financial Center
Minneapolis, MN 55474
No. advisers: 7,686
Year founded: 1894
Year end: Dec. 31
For More Information
|Recruiting Contact||Manish P. Dave|
|Compliance Contact||Karen Wilson Thissen|
|Marketing Contact||Deirdre D. McGraw|
|Technology Operations Contact||Randy Kupper|
Recruitment & Staffing
|No. of reps||7,686||7,668||7,706|
|No. of producing reps||7,686||7,668||7,706|
|No. of reps producing $100K-$499K /year||0||0||0|
|Total revenues: Other||$727,569,588||$615,628,962||$580,763,131|
|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 – providing a seamless and secure way to stay connected with clients while in the office or on the go.|
September 13, 2018 - The Financial Industry Regulatory Authority Inc. has barred a former Ameriprise Financial broker after he failed to cooperate with an investigation into allegations of unethical conduct while at his firm. Jeffery Joseph Kelly, who starting working at...
August 18, 2018 - Has Trust Company of America hitched its wagon to a star or turned its back on loyal clients? It depends on whom you ask. Either way, the $275 million acquisition in April of TCA by discount broker ETrade has the custodian world buzzing. In one corner...
August 16, 2018 - Brokers forging client signatures and creating phony wire transfers were at the heart of the frauds revealed Wednesday when the Securities and Exchange Commission said that Ameriprise Financial Services will pay $4.5 million to settle charges that it...
Ameriprise to pay $4.5 million to settle SEC charges that five reps stole more than $1 million from clients
August 15, 2018 - The Securities and Exchange Commission said that Ameriprise Financial Services will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives. According to the SEC's order, five Ameriprise...
May 22, 2018 - Endeavor Wealth Advisory Group, of Rochester, N.Y.., which manages $282 million in assets, has changed its affiliation from Ameriprise Financial Services to Commonwealth Financial Network. Endeavor's four advisers are John Moose, David Zambito, David...
April 21, 2018 - Firm 2017 % revenue ($M) % change vs. 2016 2017 commission revenue ($M) % change vs. 2016 2017 fee revenue ($M) % change vs. 2016 2017 other revenue ($M) % change vs. 2016 1 LPL Financial $4,281.50 5.70% $1,670.80 -3.80% $1,409.20 9.30% $1,201.40 17.50%...
April 13, 2018 - J.P. Morgan Securities and a former broker the firm sued for soliciting his old clients have agreed to move their dispute to an arbitration panel at the Financial Industry Regulatory Authority Inc. On Tuesday, J.P. Morgan Securities filed a complaint...
April 11, 2018 - J.P. Morgan Securities filed a complaint and request for a temporary restraining order on Tuesday, seeking to stop one of the firm's former brokers from doing business with the firm's clients. Ryan C. May resigned from J.P. Morgan in Illinois in December...
- 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.
Purchase the complete set of our independent broker-dealer data and profiles in an Excel spreadsheet.
For comments or suggestions about the Adviser Center, please contact us.
Disclaimer: All data and information is the property of InvestmentNews and is protected by copyright and other intellectual property laws. All rights are reserved by InvestmentNews. The data may only be used for internal business use such as to develop a mailing list but the data may not be resold, republished, redistributed, sublicensed or publicly displayed on a web site without the permission of InvestmentNews. All information contained within was obtained through InvestmentNews' annual independent B-D surveys.
Latest news & opinion
Based on average salaries and rents, here are the least affordable U.S. cities for renters, according to businessstudent.com.
These countries offer the greatest security for their retirees, according to the 2018 Natixis Global Retirement Index.
Here are the U.S. cities that are most affordable for renters, according to Business Student.com, which compared the cost of rent to average salaries.
Scroll through for nine new financial adviser laughs.
Captrust wants to grow annual revenue from wealth management to 50% from 30% over the next five years.