Ameriprise Financial Earns 2021 Digital Wealth Management Impact Innovation Award for Digital Client Engagement from the Aite Group

MINNEAPOLIS – June 16, 2021 – Ameriprise Financial (NYSE: AMP), a pioneer and longstanding leader in financial planning, today announced it has won a Digital Wealth Management Impact Innovation Award for Digital Client Engagement from the Aite Group, a global research and advisory firm. Aite Group’s annual award program honors wealth management firms that are advancing and leading the industry with innovative products, capabilities, or levels of automation. A panel of experts recognized Ameriprise for its Confident Retirement® Virtual Experience, which received high marks for innovation and customer experience in the survey’s evaluation.
 

Ameriprise Financial Selected as Randolph-Brooks Federal Credit Union’s New Broker-Dealer

Minneapolis  June 9, 2021 – Ameriprise Financial (NYSE: AMP) today announced it has signed an agreement with Randolph-Brooks Federal Credit Union (RBFCU) to provide their members with financial planning services. RBFCU is expected to fully transition its investment program, RBFCU Investments Group, to the Ameriprise Financial Institutions (AFIG) platform from CUNA Mutual by the end of the year.

Ameriprise Offers Employees and Advisors Unique Ways to Give Back for its National Days of Service

MinneapolisJune 4, 2021 – Amid the rapidly changing environment, Ameriprise Financial is offering its employees and advisors multiple ways to participate in its signature National Days of Service volunteer program, which focuses on helping to end hunger in communities across the country. In partnership with Feeding America®, the nation’s largest domestic hunger-relief organization, Ameriprise advisors and employees are encouraged to either volunteer in-person at nonprofits (depending on their comfort and individual circumstance), host in-person or virtual food drives or conduct random acts of kindness such as dropping off groceries for an elderly neighbor. All these activities are eligible for the eight hours of paid time off the company provides for volunteerism each year.

Ameriprise Financial Applies for a State Industrial Bank Charter

MINNEAPOLIS--Ameriprise Financial (NYSE: AMP) has filed an application to convert Ameriprise Bank, FSB to a state-chartered industrial bank (IB) regulated by the Utah Department of Financial Institutions (UDFI) and the Federal Deposit Insurance Corporation (FDIC). The company is also filing an application to transition the FSB’s personal trust services business to a new limited purpose national trust bank regulated by the Office of the Comptroller of the Currency (OCC).

Advisor Team Joins Ameriprise for Best-in-Class Technology Capabilities

Minneapolis – May 19, 2021Lionheart Wealth Management, an advisory practice managing nearly $200 million in client assets, joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from AXA Advisors in New York, New York. Financial advisor Anthony DeAngelo leads the team, which includes advisors Frank D’Erasmo and Samuel Dicocco, and executive assistant Aneta Szatkowski. The team found Ameriprise was the best fit to provide the digital experience they wanted for their clients and for the future growth of their practice.

Ameriprise Financial Celebrates Women Advisors with 4th Annual Summit

Minneapolis – May 12, 2021 – Ameriprise Financial (NYSE: AMP) recently hosted its 4th annual Women Advisor Summit, gathering women advisors, field leaders and staff in recognition and celebration of their work on behalf of clients and to support their success through informative content and collaborative sessions.

Ameriprise Financial Named a Top Performer in Hearts & Wallets Customer Satisfaction Survey

Minneapolis(May 10, 2021) – Ameriprise Financial (NYSE: AMP) today announced it has again received high marks in an annual customer satisfaction survey conducted by independent research and benchmarking firm Hearts & Wallets. Survey participants named Ameriprise a top performer in key categories, with clients saying the company is “unbiased,” puts their “interests first,” and offers investment ideas that are “knowledgeable, timely and tactical.” The 2021 “Wants & Pricing Report” is based on Hearts & Wallets’ survey of nearly 6,000 U.S. households who provided detailed feedback on their experience with financial firms.
 

Strong Values, Goal-Based Planning, and Independence Draws Waddell & Reed Team with Nearly $200 Million in Assets to Ameriprise

MinneapolisMay 10, 2021Crosstown Financial Advisors, a wealth management practice managing $192 million in client assets, joined the independent channel of Ameriprise Financial, LLC (NYSE: AMP) from Waddell & Reed. The team, which operates two office locations in Sugar Grove, Illinois and Lisle, Illinois, includes financial advisors Christopher Forbes, CFP®, Thomas Morrissy, CFP®, Kathleen Morrissy, CFP®, and David Servatius. When the sale of Waddell & Reed was announced in late 2020, the advisors felt it was in the best interest of their clients to do their due diligence on a variety of firms. They were looking for a values-driven partner that would provide independence, and robust succession planning expertise – while enabling them to deliver a superior client experience grounded in goal-based financial planning. After evaluating the marketplace, they found that Ameriprise was the best fit.

How UDB Financial Grew by More Than 30% Since Joining Ameriprise in 2019 to Manage $833 Million in Client Assets

MinneapolisApril 29, 2021UDB Financial, a wealth management practice located in Alexandria, Louisiana, recently celebrated two years with Ameriprise Financial, Inc. (NYSE: AMP) after leaving LPL Financial in 2019. Financial advisors Michael Upton, AAMS®, Jeff Draughon, AAMS®, and Joey Bollinger, MBA, AAMS® lead the team and believe the switch to Ameriprise’s branch channel helped them capitalize on market performance and accelerated growth for their practice, while delivering an outstanding and efficient client experience through goal-based financial planning. Today, the team manages $833 million in client assets, a significant increase from the $633 million they managed when they left their previous firm. Notably, in a recent satisfaction survey, clients rated UDB Financial 4.9 out of 5 in overall satisfaction based on 76 reviews.1

Ameriprise Financial Increases Regular Quarterly Dividend

MINNEAPOLIS – April 26, 2021 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) increased the company’s quarterly cash dividend by 9 percent, or $0.09 per common share, to $1.13 per common share payable on May 21, 2021 to shareholders of record at the close of business on May 10, 2021.