News releases

MINNEAPOLIS – May 6, 2020 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) increased the company’s quarterly cash dividend by 7 percent, or $0.07 per diluted share, to $1.04 per diluted share payable on May 29, 2020 to shareholders of record at the close of business on May 18, 2020.

Minneapolis – April 30, 2020 – Financial advisors Ron Phelps and Jacob Hamus recently joined the employee channel of Ameriprise Financial (NYSE: AMP) after spending 24 years and 11 years respectively at Morgan Stanley. The advisors, who manage $321 million in institutional and client assets in Middleton, Wisconsin, were impressed by Ameriprise’s suite of technology and other capabilities that will enable them to serve clients and help them achieve their financial goals, even in the face of market volatility and economic disruption. They were also pleased that Ameriprise is establishing a new office for their team and other advisors in the Middleton area.

Minneapolis, MN – April 29, 2020 – Ameriprise Financial (NYSE: AMPF) today announced that 72 of its financial advisors were named to the 2020 Forbes “Top Women Wealth Advisors List.” This is the third year Ameriprise advisors have appeared on the Forbes list, which was developed by SHOOK Research in 2017 to recognize top women advisors across the country. The ranking is based on qualitative and quantitative data, weighing factors including revenue, assets under management, compliance records, industry experience and best practices learned through telephone and in-person interviews. 

MINNEAPOLIS – April 20, 2020 – Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its first quarter financial results on Wednesday, May 6, 2020 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Thursday, May 7, 2020 at approximately 9:00 a.m. (ET).

Minneapolis – April 16, 2020 – Financial advisor Robert Bacino, CLU^®, ChFC^®, RICP^® recently joined the employee channel of Ameriprise Financial (NYSE: AMP) in Bedminster, New Jersey. Bacino made the switch from managing his own independent Registered Investment Advisory firm because he wanted to leverage Ameriprise’s technology and support to become more efficient in serving his clients. His team, called Insight Financial Advisors, was established in 2004 and manages $275 million in assets.

MINNEAPOLIS – April 9, 2020 – Ameriprise Financial, Inc. (NYSE: AMP) announced today that due to the restrictions associated with slowing the spread of COVID-19 and consistent with its efforts to protect the health and safety of Ameriprise shareholders, employees, advisors, directors and others, the Board of Directors has made the decision to conduct the 2020 annual meeting of shareholders as a virtual shareholder meeting and there will not be a physical meeting in Minneapolis.

Minneapolis – April 8, 2020 – Two teams with $286 million in combined assets under management have joined the employee channel of Ameriprise Financial (NYSE: AMP). Father-son team Robert Arthur Bonwell Sr., CRPC^® and Robert Arthur Bonwell Jr. joined from Wells Fargo in Charleston, West Virginia. Separately, Jim Buzgo, CFP^® joined from UBS in Boston, Massachusetts. Both teams were looking for more support to serve their clients through comprehensive financial planning.

Minneapolis – March 4, 2020 – Two teams with $272 million in combined assets under management have joined the franchise channel of Ameriprise Financial (NYSE: AMP). Foundation Wealth Management¹, led by Rick Yanez and Lance Mackall, who each have over a decade in the industry, joined from Wells Fargo Advisors in Bakersfield, Calif. Separately, John McLaughlin joined from Stifel in Olean, N.Y. Both teams were looking for more resources and flexibility to support the growth of their practices and deliver a compelling client experience.

Minneapolis – February 26, 2020 – Ameriprise Financial, Inc. (NYSE: AMP) is expanding the geographic footprint of its employee advisor channel by opening new branches in markets where the firm sees opportunities to grow its advisor base and add new clients. Since 2017, Ameriprise Financial Services, LLC has opened 15 new employee branches nationwide in key cities in Alabama, California, Florida, Georgia, Massachusetts, Nevada, South Carolina, Texas and Wisconsin to accommodate experienced advisors joining the firm from wirehouses, regional firms, independents, banks and insurance companies. The 15 new branches collectively manage more than $4 billion in client assets.ⁱ