Ameriprise Financial Services, LLC, headquartered in Minneapolis, MN, is a prominent national investment advisory firm. With a team of 14,187 dedicated professionals, they offer a comprehensive range of financial services. A significant portion of their workforce, comprising 12,542 individuals, specializes in providing expert investment advisory services. Each investment advisor manages an average of approximately $15,310,000 in assets, showcasing their extensive expertise in asset management.
Ameriprise Financial Services, LLC boasts an impressive clientele, serving over 1,096,990 individual clients. The firm oversees a substantial $414,380,098,000 in assets under management, demonstrating their ability to handle significant wealth portfolios. Notably, approximately 49% of the assets they manage are discretionary, highlighting their skill in making independent investment decisions.
The compensation structure at Ameriprise Financial Services, LLC includes various types such as a percentage of assets under management, hourly charges, and fixed fees. This diverse approach ensures that clients can select the most suitable payment option for their specific needs.
In addition to their investment advisory services, Ameriprise Financial Services, LLC extends its capabilities to areas such as commodity pool operation, commodity trading advising, and insurance brokerage. Their breadth of services underscores their commitment to offering comprehensive financial solutions.
With 154 offices nationwide, Ameriprise Financial Services, LLC has established a robust presence throughout the United States. The firm takes pride in its team of experienced advisors, including notable professionals such as Sanda Bailey, David Heffernan, and James Tabak. Their longevity within the company exemplifies the deep expertise and trusted guidance clients can expect from Ameriprise Financial Services, LLC.