Ameriprise Financial Services, LLC

Ameriprise Financial Services, LLC

A subsidiary of Ameriprise Financial


108 Ameriprise Financial Center

Minneapolis, MN 55474

(612) 671-3131

No. advisers: 7,740

Year founded: 1894

Year end: Dec. 31

For More Information

CEOJim Cracchiolo
Recruiting ContactManish P. Dave
(612) 671-0932
Compliance ContactKaren Wilson Thissen

Heather Melloh
Marketing ContactDeirdre D. McGraw
Technology Operations ContactGerard Smyth

Recruitment & Staffing

2020 2019 2018
No. of reps7,8057,7407,755
No. of reps, male
No. of reps, female
No. of producing reps7,8057,7407,755
No. of producing reps, male
No. of producing reps, female
No. of reps producing $100K-$499K /year000
No. of reps producing $500K+ /year000
No. of CFPs000
No. of full-time employees000
No. of fee-based advisers served000
Average payout per rep, per year000
Avg. annual production of top 20% reps000
Total payout, per year000
Cost of E&O insurance per rep, per year
Affiliation fees charged per rep, per year
Affiliation fee coverage
$0-$249,999 $250K-$499,999 $500K-$749,999 $750K-$999,999 $1,000,000+
Mutual funds Up to 91% Up to 91% Up to 91% Up to 91% Up to 91%
Insurance Up to 91% Up to 91% Up to 91% Up to 91% Up to 91%
Variable annuities Up to 91% Up to 91% Up to 91% Up to 91% Up to 91%
Limited parterships Up to 91% Up to 91% Up to 91% Up to 91% Up to 91%
Securities Up to 91% Up to 91% Up to 91% Up to 91% Up to 91%
2020 2019 2018
Total revenues$5,037,581,832$5,068,504,399$4,804,002,854
Commission revenues$1,206,835,451$1,196,180,182$1,209,816,646
Securities revenues$108,642,460$87,171,854$86,894,882
Securities revenues: Stocks
Securities revenues: Bonds
Securities revenues: ETFs
Securities revenues: Other
Mutual fund revenues$520,449,966$505,001,060$519,952,475
Annuities revenues$425,431,494$442,380,416$443,903,295
Annuities revenues: Fixed
Annuities revenues: Variable
Annuities revenues: Other
Insurance revenue$104,334,521$115,736,163$120,752,373
Insurance revenues: Life
Insurance revenues: Disabilities
Insurance revenues: LTC
Insurance revenues: Other
Alternative revenues$33,739,893$28,905,715$22,319,067
Alternative revenues: Hedge funds
Alternative revenues: Managed futures
Alternative revenues: Private placements
Alternative revenues: REITs
Alternative revenues: Other
Other commission revenues$14,237,118$16,984,065$15,994,555
Fee revenues$3,122,182,868$2,838,388,405$2,638,804,784
Fee revenues: Rep-managed accounts
Fee revenues: Firm-managed accounts
Fee revenues: Outside-managed accounts
Fee revenues: Other
Total revenues: Other$708,563,513$1,033,935,812$955,381,424
2020 2019 2018
Total account assets000
Fee-based assets000
Fee-based assets: Clearing firm
Fee-based assets: Advisory firm platforms
Fee-based assets: Third-party money managers
Fee-based assets: Other
Total account assets: Other000
Average assets per rep00

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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.
Software Offered
Account aggregation software
Compliance software
Document management
Financial planning
Portfolio management
Portfolio rebalancing
  • 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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