Ameriprise Financial is a diversified financial services company that provides a range of solutions to help individuals and businesses manage their financial planning and investment needs. The company offers services such as wealth management, asset management, financial planning, insurance products, and retirement solutions. Through a network of financial advisors, Ameriprise aims to empower clients with personalized strategies to achieve their financial goals and navigate the complexities of their financial lives. The company's commitment to customer service and innovative financial products positions it as a key player in the financial services sector.
Ameriprise Financial, Inc. (NYSE: AMP) has received two J.D. Power certifications for delivering exceptional customer phone service to its clients and financial advisors. For the first time, the firm earned the “Outstanding Customer Service Experience” certification for the high level of service provided to clients. And, for the sixth consecutive year, the firm received the “Outstanding Customer Service Experience” certification for service provided to its advisors.
Financial advisor Gary Presslaff, a 40-year veteran in the financial services industry, recently joined an established independent Ameriprise Financial, Inc. (NYSE: AMP) practice, Monumental Financial Planning, in Washington D.C. Presslaff manages nearly $100 million in client assets and was most recently affiliated with LPL Financial. John Cortale, Ameriprise Private Wealth Advisor and Managing Director of Monumental Financial Planning, joined Ameriprise in May 2024 from LPL with a goal to grow the practice and enhance the quality and scope of services the team provides to clients.
Ameriprise Financial, Inc. (NYSE: AMP) today announced that financial advisor Steve Salmon, MBA, recently joined the firm’s independent channel from LPL Financial with $110 million in assets. His office is located in Edina, Minnesota. Salmon was attracted to Ameriprise’s end-to-end support that helps advisors to deliver an outstanding client experience and grow their practice.
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of RiverSource Life Insurance Company (Minneapolis, MN) and its wholly owned subsidiary, RiverSource Life Insurance Co. of New York (Albany, NY). These companies represent the key life/health (L/H) insurance subsidiaries of Ameriprise Financial, Inc. (Ameriprise) (headquartered in Minneapolis, MN) [NYSE: AMP] and are collectively known as Ameriprise Financial Group. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Ameriprise Captive Insurance Company (ACIC) (Burlington, VT), a property/casualty (P/C) subsidiary of Ameriprise. In addition, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the existing Long-Term Issue Credit Ratings (Long-Term IRs) of Ameriprise. The outlook of all these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the Long-Term IRs.)
For the 15th consecutive year, Ameriprise Financial is partnering with Feeding America®, the nation’s leading domestic hunger-relief organization, to help provide meals for families and individuals ahead of the holiday season. On Nov. 14, more than 3,100 of the firm’s employees, advisors and clients will volunteer at Feeding America-partner food banks and other hunger-relief nonprofits across the country to serve meals, sort bulk food donations, stock shelves and host food drives to make a collective impact. The event is part of the firm’s National Day of Service, which the company organizes each year to help people experiencing hunger in communities across the country. Ameriprise volunteers have dedicated 400,000 hours toward hunger relief since the inception of the firm’s National Days of Service.
Q5 Wealth Management, a team of five financial advisors managing $1.5 billion in client assets in Houston and Beaumont, Texas, recently expanded with the addition of financial advisor Scott Guptill, CFA. Q5 joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) in August 2024 after a successful transition from UBS Financial Services, Inc. with a desire to significantly grow their practice by leveraging the sophisticated resources at Ameriprise. Less than three months later, the team is capitalizing on the opportunities at Ameriprise with the addition of Guptill, who manages $100 million in client assets in Houston. He was previously registered with Morgan Stanley.
Ameriprise Financial, Inc. (NYSE: AMP) today announced it was named a 2025 Military Friendly® Employer by VIQTORY, an organization that connects the military community to civilian employment and educational opportunities. This is the eleventh consecutive year Ameriprise has earned the distinction in recognition of its commitment and work to creating an inclusive and supportive work environment for military community members.
Ameriprise Financial, Inc. (NYSE: AMP) today announced the firm won five awards for excellence in learning and development from research and analyst firm Brandon Hall Group. Ameriprise received four gold and one bronze award in the category of Human Capital Management Excellence. Brandon Hall issues the awards in recognition of firms that have implemented innovative and effective training and development programs. Entries for the awards are evaluated and ranked by a panel of experienced independent senior industry experts as well as Brandon Hall Group analysts and executives.
Financial advisors Kelly France, CFP®, AWMA℠ and Dan Lotts recently joined a well-established independent Ameriprise Financial, Inc. (NYSE: AMP) practice, River Prairie Wealth Partners. The team is based in Altoona, Wisconsin and is led by Ameriprise Private Wealth Advisor Adam Mohr, CRPC™, APMA™. Together, France and Lotts have more than 30 years of experience in the industry, most recently with LPL Financial, and they join the firm with more than $250 million in client assets. Melissa Hass-Goettl, executive assistant, also made the transition to Ameriprise.
Stocks are ending the week on a high note, with tech leading the charge as investors position ahead of next week’s pivotal earnings releases from five of the “Magnificent Seven” stocks.
The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $1.48 per common share payable on November 15, 2024 to shareholders of record at the close of business on November 4, 2024.
Tech stocks outperformed on Thursday, driven by Tesla Inc. (NASDAQ:TSLA), which skyrocketed 18% in midday trading following stronger-than-expected quarterly financial results.
Columbia Threadneedle Investments recently celebrated the five-year anniversary of its equity exchange-traded fund (ETF)—the Columbia Research Enhanced Core ETF (NYSE Arca: RECS). In the five years since its launch, RECS has attracted more than $1 billion in client assets due to consistently strong performance.
Tech stocks outperformed on Thursday, driven by Tesla Inc. (NASDAQ:TSLA), which skyrocketed 18% in midday trading following stronger-than-expected quarterly financial results.
Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its third quarter 2024 financial results on Wednesday, October 23, 2024 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Thursday, October 24, 2024 at 9:00 a.m. ET.
