
Ameriprise financial, Inc., the corporate, is incorporated in Delaware. The company's headquarters ar inMinneapolis, Minnesota. James Cracchiolo is that the chairman and chief officer. The company's primary subsidiaries embody Ameriprise financial Services, Inc. Columbia Management Investment Advisers, LLC and RiverSource insurance Company. Threadneedle quality Management is Ameriprise Financial's international quality manager, and a provider of investments to institutional and retail purchasers.
Ameriprise financial Services
Ameriprise financial Services, Inc., a financial bobbing up with and retail distribution subsidiary that operates beneath the Ameriprise financial whole, is also a registered principal and registered adviser. it's Associate in Nursing integrated model of comprehensive and personalized financial bobbing up with, heterogeneous product manufacturing and hooked up and freelance distribution through its network of financial advisors and registered representatives The retail merchandise and services that use the Ameriprise financial whole embody people that the company provides through its hooked up advisors e.g., financial bobbing up with, investment newsy accounts, retail brokerage services and banking merchandise and merchandise and services that it markets on to customers e.g., personal automobile and residential insurance
Columbia Management
This is the primary whole for the company's U.S. quality management merchandise and services, in conjunction with retail and institutional quality management merchandise. Following the completion of the acquisition of the long-run quality management business of the Columbia Management cluster from Bank of America in Apr 2010, the company combined RiverSource Investments, its heritage U.S. quality management business, with Columbia Management, beneath the Columbia Management whole
RiverSource
This is the full for the company's annuities merchandise and for the protection merchandise issued by the RiverSource Life companies, in conjunction with life and incapacity gain insurance merchandise.[9]
Sale of Securities America
Securities America financial Corporation’s roots come to financial Dynamics, Associate in Nursing insurance commercialism organization supported in 1984 by Steve Wild that had between 10,000 and 12,000 freelance insurance agents hooked up with the firm. financial Dynamics created Securities America, Associate in Nursing freelance securities broker/dealer, to use its insurance section to provide investments. Securities America Advisors opposition., Associate in Nursing SEC-registered Investment newsy firm, was supported in 1993 to provide investment management, financial recommendation and financial bobbing up with through a national network of freelance financial advisors. In 1998, Securities America was nonheritable by american specific. In solar calendar month 2005, once Ameriprise Financial's byproduct from american specific, Securities America became a wholly in hand subsidiary of Ameriprise financial, but continued to regulate severally as a Nebraska-based broker/dealer and serving freelance financial advisers across the country. Securities America nonheritable Brecek & Young Advisors, a California-based broker/dealer, and its subsidiary, Iron purpose Capital Management, from Security profit business. of Topeka, Kansas. Securities America had received the inaugural professional person Thought Leadership Award from the Retirement gain business Association in March 2011 and was hierarchical as a result of the seventh largest freelance principal supported total revenues among the U.S., per a solar calendar month 2011 financial bobbing up with Magazine survey
On Apr twenty 5, 2011, Ameriprise announced that it had been making Associate in Nursing attempt to go looking out Associate in Nursing "appropriate buyer" for Securities America financial Corporation and its subsidiaries. Ameriprise aforementioned that this move will freelance alter Securities America advisors and registered representatives World Health Organization conduct business whereas not utilizing the Ameriprise whole “to target growth opportunities among the freelance channel In Nov 2011 Ameriprise completed the sale of Securities America to Ladenburg Thalmann financial Services for $150 million in cash and potential future payments. Ameriprise claimed that mercantilism this freelance principal permits Ameriprise to focus its efforts on union and developing its branded consultant network
International subsidiaries
Threadneedle quality Management Holdings
Thread needle quality Management Holdings SARL is also a Luxembourg-based company for the Thread needle cluster of companies and a wholly in hand freelance subsidiary of Ameriprise financial that has investment management merchandise and services to purchasers among the united kingdom, Europe, the middle East and thus the Asia-Pacific region. although nonheritable by Ameriprise financial in 2003, Threadneedle operates as Associate in Nursing freelance international quality manager, beneath its own whole, management organization and operative, compliance and technology infrastructure. Threadneedle primarily provides international investment merchandise and services, and Ameriprise financial, through an appointment with Threadneedle, offers sure international and U.S. equity ways that to its U.S. clients.
In 2008, Threadneedle nonheritable Invesco Perpetual's full service made public contribution pension business with total assets of £470m followed by acquisition of standard employed Bank’s World specific Funds assets business in 2009, the latter providing Threadneedle with a old Luxembourg-based SICAV platform with over US$2.38 billion worth assets beneath management as at Apr thirty, 2009 In August 2011 it had been announced that Threadneedle would acquire the investment assets of cardinal amounting to some £8 billion At New Year's Eve, 2010, Thread needle had $105.6 billion in managed assets worldwide, and was increasing distribution of its institutional merchandise in Europe, Asia, U.S., region and Australia.
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