Ameriprise Financial, Inc. · Minneapolis, MN United States ·(NYSE: AMP)
Company Description
Phone: 612-671-3131
Fax: 612-671-5112
Toll Free: 800-386-2042
Rankings
- #348 in FORTUNE 500
- S&P 500
View Ameriprise Financial, Inc. Locations On A US Map
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This link will open in a new window It's no surprise that Ameriprise Financial is a leading provider of financial advice. The company offers financial planning, products, and services to nearly 3 million individual and institutional investors, primarily in the US. Through Ameriprise Financial Services and other affiliates, the company sells insurance, mutual funds, college savings plans, personal trust services, retail brokerage, and other products and services. Its Ameriprise Bank subsidiary offers deposits and loans. Ameriprise distributes its products primarily through a network of more than 12,400 financial advisors that includes direct employees, franchisees, affiliates, and its
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Key Ameriprise Financial, Inc. Financials
| Company Type | Public - NYSE: AMP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $7,149.0 |
| 2008 Employees | 11,093 |
Ameriprise Financial, Inc. Executives
25 executives listed for Ameriprise Financial, Inc.'s Minneapolis, MN location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | James Cracchiolo | Network |
| EVP and CFO | Walter Berman | Network |
| SVP, Chief Governance Officer, and Secretary | Thomas Moore | Network |
Competition
Competitive Landscape for Ameriprise Financial, Inc.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Ameriprise Financial, Inc. Competitors
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