News releases

Minneapolis – March 4, 2021 – Tranquil Lakes Investment Advisors, a wealth management practice managing $150 million in client assets, joined the independent channel of Ameriprise Financial, LLC (NYSE: AMP) from Waddell & Reed in Madison, Wisconsin. The team consists of Jason Hatch, AWMA^®, Mark Wood, AAMS^® and Frank Janowitsch, APMA^®, Mary Weber, MBA, and Benjamin Esdaile. After their previous firm was acquired, the team thoroughly evaluated the marketplace and found that Ameriprise had the reputation, robust support for advisors and dedicated transition team that made them feel confident in making the move.

Minneapolis – February 25, 2021 – Ameriprise Financial Inc., today announced that 347 financial advisors were named to Forbes Best-in-State Financial Advisor list. Forbes recognizes the industry’s top advisors based on several factors, which include levels of ethical standards, professionalism, and success in the business. The rankings are based on data provided by thousands of the nation’s most productive advisors.

MINNEAPOLIS – February 22, 2021 – Financial advisor Ellie Tobin Stubbs recently joined the independent channel of Ameriprise Financial, LLC (NYSE: AMP) from TIAA-CREF Individual & Institutional Services, LLC, in Barre, Vermont with $64 million in client assets. Stubbs joined the firm for the opportunity to become independent, align with a firm focused on delivering comprehensive financial advice to clients, and to join forces with Ameriprise private wealth advisor Denise Palmer, ChFC^®, CLTC^®.

Minneapolis – February 22, 2021 – Ameriprise Financial (NYSE: AMP) is launching a new training program designed to advance the development of the next generation of financial advisors, while at the same time driving growth for their practices. The Associate Financial Advisor Business Development Program sets up licensed Ameriprise Associate Financial Advisors (AFAs) for long-term success in the industry by teaching them to consistently deliver a goal-based, premium client experience.

Minneapolis – February 18, 2021 – For the second consecutive year, J.D. Power has awarded Ameriprise Financial (NYSE: AMP) with certification for providing its financial advisors with an “outstanding customer service experience” when they contact the company by phone for assistance. The Ameriprise Advice & Wealth Management and RiverSource call centers earned the certification following a rigorous evaluation and survey of advisors’ recent servicing interactions.

MINNEAPOLIS – Feb. 12, 2021 – In 2020, Ameriprise Financial, Inc. (NYSE: AMP), along with its employees and advisors, donated $17.3 million to help communities in need and combat the unique challenges brought on by the Covid-19 pandemic and civil unrest. Additionally, Ameriprise employees and advisors recorded more than 35,000 volunteer hours in support of hunger relief and community rebuilding, which were in historically high demand amid the environment.

After suffering through their worst weekly loss since the end of October two weeks ago, U.S. equities came roaring back with their best gain since the first week in November, closing on Friday at a new record high. The S&P 500^® Index surged to a 4.6 percent gain while shrugging off the short squeeze distraction and focusing on the promise of more stimulus, pushing the index back into a gain for the year-to-date of 3.5 percent. Small stocks once again led the way as the Russell 2000 Index climbed 7.7 percent, leaving it higher on the year by 13.1 percent. Fourth quarter corporate earnings continue to exceed expectations, with year-over-year growth now expected in the quarter, a remarkable turnaround from expectations of just one month ago.[i] The VIX index tumbled last week, declining from 33 to 21, washing out the previous week’s short squeeze induced anxiety.

Minneapolis -- February 08, 2021 – Ameriprise Financial, Inc. (NYSE: AMP) today introduced a new go-to-market strategy designed to help financial advisors accelerate growth in their businesses and deliver an excellent and highly-referable level of service to clients. The Ultimate Advisor Partnership^TM brings together the capabilities and support the firm has developed as a leader in financial planning with a track record of exceptional customer satisfaction scores. Advisors who are already affiliated with the firm or who choose to join Ameriprise can take advantage of the Ultimate Advisor Partnership to promote efficiency, differentiate their practices and drive satisfaction through a digitally advanced and integrated client experience.
 

Minneapolis, MN – (February 4, 2021) – Ameriprise Financial, Inc. (NYSE: AMP) today announced that it has been included in the Bloomberg Gender-Equality Index (GEI) for the second consecutive year. Ameriprise retained its position in the index for its policies and practices in support of women in the workforce. The company performed well across the GEI’s five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand.
 

Minneapolis – January 28, 2021 – Financial advisor Mitchell Rock recently joined Ameriprise Financial, LLC (NYSE: AMP) from Wells Fargo in New York City. Rock transitioned to Ameriprise and nearly doubled his assets within the first month from existing relationships and introductions to serve new clients. Rock manages in excess of $250 million in assets and credits his Ameriprise transition team, and the firm’s reliable technology, and culture of service and integrity for helping him quickly scale up the size of his practice.