Ameriprise Financial Services Inc.

Ameriprise Financial Services Inc.

A subsidiary of Ameriprise Financial

Share:

108 Ameriprise Financial Center

Minneapolis, MN 55474

(612) 671-3131

joinameriprise.com

No. advisers: 7,686

Year founded: 1894

Year end: Dec. 31

You are currently viewing a limited portion of this firm's profile.

Subscribe or log in to the B-D Data Center for access to all available data.

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
E-mail
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

Payout grid is available to Data Center subscribers only.

Subscribe or log in to the B-D Data Center for access to all available data.

2017 2016 2015
Total revenues$4,259,992,326$3,944,981,975$3,919,123,620
Commission revenues$1,199,833,623$1,331,329,539$1,399,861,088
Fee revenues$2,332,589,115$1,998,023,474$1,938,499,401
Total revenues: Other$727,569,588$615,628,962$580,763,131
2017 2016 2015
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
LinkedIn
Twitter
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.

Former Ameriprise broker accused of unethical conduct barred by Finra

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...

What's in a name? For TCA by ETrade, everything

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...

As Ameriprise case shows, firms on hook when brokers go bad ​

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...

Ameriprise team managing $282 million moves to Commonwealth

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...

J.P. Morgan, ex-broker move dispute over clients from court to Finra arbitration

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...

J.P. Morgan Securities seeks temporary restraining order against ex-broker in Illinois

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...

    Notes
  • 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.

Featured video

Events

Envestnet Tamarac's Anderson: What's next for fintech?

Envestnet Tamarac is focused on broadening its offerings so it can gather more marketshare and craft more partnerships. Check out what Andina Anderson is examining so the company can do more for advisers.

Latest news & opinion

Ohio National offers buyouts, ends commission trails amid jumbled regulatory oversight of VAs

Jurisdiction is shared between the SEC, Finra and state insurance commissioners. Will any of them step in?

6 mistakes advisers make when onboarding new clients

Starting a new relationship with a client is harder than it looks.

TCA by E*Trade lures Edelman Financial Engines with promise of client referrals

Access to clients through E*Trade's 30 branch offices drew the attention of RIA Edelman Financial Engines.

10 states with lowest overall tax burden

Here's a list of the states with the lowest total tax burden from Wallet Hub.

7 surprising things Medicare doesn't cover

Gaps in Medicare's coverage can wreak havoc with a retiree’s budget, but here are some solutions to help your clients fill the gaps.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.