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

14,670

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 organized as an LLC. The firm combines brokerage, insurance-brokerage and advisory activities and also has CPO/CTA capabilities. Its advisory menu covers financial planning, portfolio management for individuals, small businesses and institutions, pension-consulting and manager-selection services; the firm also publishes periodicals and runs educational seminars and workshops. Clients include individual and family investors as well as institutional relationships. Fee arrangements are mixed—percentage-of-AUM, hourly and fixed-fee engagements are all used depending on services. The firm is not identified as an active ESG investor and is not classified as a capital allocator in the FINTRX data. Industry affiliations reported include broker-dealer, other investment adviser, banking or trust firms, insurance companies and roles as sponsor/GP/managing member of pooled vehicles.