Ameriprise Financial Services, LLC

Broker-DealerFINRA MemberEst. 1986

Total AUM

$660B

Discretionary

$356B

54% of AUM

Accounts

2,424,045

Employees

14,056

Advisory reps

14,628

Brokerage reps

13,441

Firm details

Headquarters: Minneapolis, Minnesota
CRD number: 6363
Registered since: December 5, 1986
Website: www.ameriprise.com
Custodians: AMERICAN ENTERPRISE INVESTMENT SERVICES INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI55.79%
Individuals42.16%
Pension & Profit Sharing Plans0.76%
Corporations / Businesses0.62%
Charitable Organizations0.46%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Ameriprise Financial Services, LLC operates as an independent broker-dealer and wealth management platform serving both individual & family and institutional clients. The firm is SEC-registered (since 1986) and provides a mix of brokerage, insurance distribution and advisory services, including financial planning, portfolio management for individuals and institutions, pension consulting, selection of other advisers, and educational publishing and seminars. It is not classified as an active ESG investor. Ameriprise functions across a broad set of activities beyond traditional brokerage: it acts as a commodity pool operator/commodity trading advisor in some capacities, is affiliated with banking, trust and insurance entities, and serves as sponsor or managing member for pooled investment vehicles. Fee arrangements reported include percentage-of-AUM, hourly and fixed-fee models.