Ameriprise Financial Inc

Ameriprise Financial provides wealth management, asset management, and insurance products. Its core business connects ~10,600 financial advisors with retail clients seeking investment advice and financial planning, generating fees based on roughly $1.2 trillion in client assets. Its asset management arm, Columbia Threadneedle, manages ~$678 billion for institutional and retail investors globally, earning fund management fees. A smaller third segment sells annuities and life insurance products to its advisory clients. In total, the firm oversees ~$1.69 trillion in assets across all segments.