US03076C1062 - Common Stock
AMERIPRISE FINANCIAL INC
NYSE:AMP (3/28/2024, 3:29:52 PM)
439.88
+3.9 (+0.89%)
Ameriprise Financial, Inc. operates as a holding company. The company is headquartered in Minneapolis, Minnesota and currently employs 13,500 full-time employees. The company went IPO on 2005-09-15. The firm offers a range of financial planning and advice products and services designed to achieve individual and institutional clients’ financial objectives. Its segments include Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions. Advice & Wealth Management segment provides financial planning and advice, as well as service brokerage services, primarily to retail clients through the Company’s advisors. Asset Management segment provides investment management, advice and products to retail and institutional clients on a global scale through the Columbia Threadneedle Investments brand. Retirement & Protection Solutions segment includes retirement solutions, which include variable annuities and payout annuities, and protection solutions, such as life and disability insurance. The company offers products and services under brands, including Ameriprise Financial, Columbia Threadneedle Investments and RiverSource.
AMERIPRISE FINANCIAL INC
1099 Ameriprise Financial Center
Minneapolis MINNESOTA United States
P: 16126718001
CEO: James M. Cracchiolo
Employees: 13500
Website: https://www.ameriprise.com/
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The U.S. dollar rose in choppy trading on Tuesday, after data showed hotter-than-expected inflation last month for the world's largest economy, slightly paring back expectations of an interest rate cut by the Federal Reserve at its June policy meeting. It was a volatile session, with the U.S. dollar initially jumping after the data, then falling and eventually rising after the market digested the report. "The inflation situation is going to likely drag out for several more months, thus possibly keeping the first Fed rate cut still on the sidelines for a bit longer than expected," said Russell Price, chief economist at Ameriprise Financial Services in Troy, Michigan.
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