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.|
October 10, 2017 - Two brokers formerly registered with Ameriprise Financial Services Inc. were fined and suspended Monday by the Financial Industry Regulatory Authority Inc., in part due to securities industry rule violations involving customer transactions using margin....
September 22, 2017 - An adviser fired by Ameriprise Financial Services Inc. in 2015 is on the hook for $675,000 after a Finra arbitration panel decided against the broker in a dispute with Ameriprise and a client of the broker. The former broker, Li-Lin Hsu, was barred in...
August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...
June 12, 2017 - Finra has charged a former Morgan Stanley broker with misleading a client about the size of the client's account, making unauthorized trades and trying to settle the matter directly with the client rather than involving the firm. In a June 9 enforcement...
June 6, 2017 - Ameriprise Financial Services Inc. is the latest major brokerage firm to slash the number of investment products its brokers can sell as the industry counts down to Friday, when the Department of Labor's fiduciary rule takes effect. On Monday, Ameriprise...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($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....
- 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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