William F. Truscott
CEO, U.S. Asset Management & President, Annuities -- Ameriprise Financial
William "Ted" Truscott, CEO, U.S. Asset Management & President, Annuities for Ameriprise Financial, joined the company in August 2001. Truscott is responsible for managing the firm's retail, institutional and owned asset portfolios, including the Columbia Management family of mutual funds, collective funds, institutional and retail separate accounts and alternative investments. He is also responsible for the management of the RiverSource Annuities business.
Based in Boston, Columbia Management has investment operations in key U.S. locations, including Minneapolis, New York, Chicago, Portland, Ore., and Menlo Park, Calif. Threadneedle Investments, based in London, constitutes the international investment platform of Ameriprise Financial.
Before joining the company, Truscott was chief investment officer with Zurich Scudder Investments, Americas, and managing director — Zurich Scudder Investments. Truscott joined Scudder, Stevens & Clark in 1992 as a portfolio manager and equity research analyst, focusing on Latin American countries and securities.
Prior to Scudder, Truscott was with Chemical Bank from 1983 to 1992, first as a credit analyst and banking officer covering Asian banks and corporations at Chemical Bank. Later, Truscott joined Chemical's LDC Structured Finance Group, concentrating on the creation and management of Chemical's debt/equity swap portfolio in Latin America.
Truscott is on the Board of Governors of The Investment Company Institute (ICI) in addition to serving on several boards across the Columbia Management, Threadneedle and Ameriprise businesses.
Truscott earned a bachelor's degree in East Asian studies from Middlebury College and a master's of business administration in Finance from New York University, Stern School of Business.
Financial planning services and investments offered through Ameriprise Financial Services, Inc., Member FINRA & SIPC.
© 2010 Ameriprise Financial, Inc. All rights reserved.