Ameriprise Financial Services Inc.

Ameriprise Financial Services Inc.

A subsidiary of Ameriprise Financial


108 Ameriprise Financial Center

Minneapolis, MN 55474

(612) 671-3131

No. advisers: 7,686

Year founded: 1894

Year end: Dec. 31

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

CEOJim Cracchiolo
Recruiting ContactManish P. Dave
(612) 671-0932
Compliance ContactKaren Wilson Thissen
Marketing ContactDeirdre D. McGraw
Technology Operations ContactRandy Kupper

Recruitment & Staffing

2017 2016 2015
No. of reps7,6867,6687,706
No. of producing reps7,6867,6687,706
No. of reps producing $100K-$499K /year000

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2016 2015 2014
Total revenues$3,944,981,975$3,919,123,620$3,738,344,789
Commission revenues$1,331,329,539$1,399,861,088$1,403,563,985
Fee revenues$1,998,023,474$1,938,499,401$1,777,656,158
Total revenues: Other$615,628,962$580,763,131$557,100,000
2016 2015 2014
Total account assets000
Fee-based assets000
Total account assets: Other000
Average assets per rep00
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedFacebook
Dedicated mobile application for advisers?Y
Primary purpose of mobile applicationAmeriprise 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.

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Finra arbitrators award $878,712 to broker wrongfully terminated by Ameriprise

January 24, 2018 - Finra arbitrators awarded $878,712 to a broker who they found was wrongfully fired by Ameriprise Financial Services Inc., but the victor will continue to serve a Finra suspension over a related investigation until April. The Financial Industry Regulatory...

Ameriprise team managing $197 million joins Stifel

January 17, 2018 - Tom Hankins and Jay Lauzon, who managed $197 million in assets at Ameriprise Financial Services in Flint, Mich., have joined Stifel Nicolaus & Company. Mr. Hankins began his securities career in 1997 at First Chicago and moved to Financial Network Investment...

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Painful end for advisers who bought RCAP shares

October 5, 2017 - For advisers and executives who owned shares of RCAP, the defunct, mammoth brokerage firm formerly controlled by Nicholas Schorsch, a painful financial chapter of their lives ended last month. A federal judge in New York approved the settlement of a class...

Fired Ameriprise broker on the hook for $675,000 after losing arbitration

September 22, 2017 - An adviser fired by Ameriprise Financial Services Inc. in 2015 is on the hook for $675,000 after a Finra arbitration panel decided against the broker in a dispute with Ameriprise and a client of the broker. The former broker, Li-Lin Hsu, was barred in...

  • 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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