MINNEAPOLIS–(BUSINESS WIRE)–Ameriprise Financial, Inc. (NYSE: AMP) debuted on the New York Stock Exchange in October of 2005 as the sixth largest spin-off in U.S. history—emerging as a new company and new brand with the distinction of being among the few firms in the U.S. with more than a century of corporate history.
Over the last 20 years, the senior leadership team led by Jim Cracchiolo, chairman and chief executive officer, established Ameriprise Financial as a leading diversified financial services firm, and grew Ameriprise into a premium brand recognized for client focus, innovation and financial strength.
Management continually adapted, evolved and invested in the business, further reinforcing the company’s strong financial foundation and disciplined operating principles. Importantly, during this time of strategic transformation, the company’s values, mission, vision and brand promise remained unchanged, proving to be the bedrock of the firm.
Management’s steadfast stewardship is evident in the firm’s track record of effectively navigating historic market dislocations and economic cycles and emerging even stronger.
Mr. Cracchiolo stated, “Ameriprise has consistently demonstrated the power of long-term thinking paired with disciplined execution. We’ve adapted strategically to evolving markets and client expectations—always with a sharp focus on delivering meaningful value to our clients, advisors, employees and shareholders. We’re proud of what we’ve built and energized by what’s ahead.”
Today, Ameriprise stands tall as a diversified financial services leader operating in 20 countries and helping more than 3.5 million individual, institutional and small business clients achieve their long-term financial goals. The company is a long-standing leader in financial planning and advice in the U.S. and manages, administers and advises $1.6 trillion in assets. Its wealth management business is complemented by Columbia Threadneedle Investments, a global asset manager, and RiverSource Life, a differentiated life insurance and annuity company.
The company has consistently earned top marks for client trust and satisfaction, innovation, employee engagement and shareholder value creation. The company’s leadership and success are evident in its proud legacy of:
- Consistently earning 4.9 out of 5 in client satisfaction
- Standing behind clients through good times and bad—never taking a government bailout and always paying every claim in full
- Generating the No. 1 total shareholder return within the S&P 500 Financials Index since its spin-off.1
A Culture of Care and Committed to Strengthening Communities
Ameriprise takes great pride in delivering for all its constituents, including through the company’s philanthropic priorities that support the communities where Ameriprise employees and advisors live and work.
In recognition of the 20th anniversary of its listing, the company announced a…
Read More: Ameriprise Financial Celebrates 20th Anniversary as an Independent,
