News releases

MINNEAPOLIS – July 12, 2021 – Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its second quarter financial results on Monday, July 26, 2021 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Tuesday, July 27, 2021 at approximately 9:00 a.m. (ET).

Minneapolis – July 07, 2021 – Ryan Thompson, MBA, CFP^®, a financial advisor managing $110 million in client assets, joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Morgan Stanley in Shreveport, Louisiana. Thompson was looking for an opportunity to rejoin an independent platform, after spending six years as an employee advisor at his former firm. He conducted due diligence on a variety of firms over the last year and felt confident that moving to Ameriprise was the best fit for his practice.

MINNEAPOLIS – June 29, 2021 – Ameriprise Financial, Inc. (NYSE: AMP) (“the company”) announced today that its insurance subsidiaries, RiverSource Life Insurance Company (“RiverSource Life”) and RiverSource Life Insurance Co. of New York (“RiverSource Life of New York” and together with RiverSource Life, “RiverSource”), have entered into an agreement with Global Atlantic Financial Group’s subsidiaries Commonwealth Annuity and Life Insurance Company and First Allmerica Financial Life Insurance Company (together, “Global Atlantic”), to reinsure approximately $8.0 billion of fixed deferred and immediate annuity policies. The transaction will generate approximately $700 million of excess capital.

Minneapolis – June 24, 2021 – Ameriprise Financial today announced that seven of the firm’s financial advisors were named to Barron’s list of the “Top 100 Women Financial Advisors” in the country. Barron’s magazine recognizes the industry’s top women advisors based on several factors, which include levels of professionalism and success in the business. The rankings are based on data provided by more than 4,000 of the nation’s most productive women advisors.

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.
 

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.

Minneapolis – June 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.

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).

Minneapolis – May 19, 2021 – Lionheart 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.

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.