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

14,337

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 a broker-dealer and independent broker-dealer with a broad advisory platform that serves both individual/family and institutional clients. The firm provides financial planning and portfolio management for individuals, small businesses and institutions, and also offers pension consulting, selection-of-advisers services, publications and educational workshops. Its business mix includes broker-dealer activities, CPO/CTA functions and insurance brokerage. Compensation arrangements include percentage-of-AUM fees as well as hourly and fixed-fee engagements. The firm is not positioned as an ESG-focused allocator and is not a multi-state or newly formed adviser under the provided data. It maintains relationships with other financial institutions across banking, trust, insurance and pooled-vehicle sponsor roles, reflecting a diversified set of industry affiliations.