Ameriprise Financial is a financial services company that provides financial planning, products, and services. John Tappan founded Ameriprise Financial with a singular vision, to help ordinary Americans achieve their financial dreams and feel confident about their futures. Throughout their long history, they have remained steadfast to this vision of putting their clients' needs first, always. Over the years, they've helped millions of people invest billions of dollars for what's important to them. Today, they are America's leader in financial planning* and a leading global financial institution, with more than $655 billion in assets under management and administration.The staff at Ameriprise Financial come from unusually diverse demographic backgrounds. The company is 47.9% female and 37.1% ethnic minorities. The diversity in Ameriprise Financial employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 49.5% Democrats and 46.8% Republicans. Despite their political differences, employees at Ameriprise Financial seem to be happy. The company has great employee retention with staff members usually staying for 4.3 years.The average employee at Ameriprise Financial makes $56,770 per year. Pay at Ameriprise Financial is significantly lower than some of its highest paying competitors, like Morgan Stanley, American Express, and AIG, which pay $103,933, $86,421, and $84,115, respectively.Ameriprise Financial is an industry leader with 12,300 employees and an annual revenue of $17.9B that is headquartered in Minneapolis, MN.
Ameriprise Financial's mission statement
To help people feel confident about their financial future.
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3.4/5
Ameriprise Financial employee reviews
Based on 9 ratings
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Employee reviews
5.0
A zippia user wrote a review on Mar 2023
Pros of working at Ameriprise Financial
Great company to work for. I have affiliatiated with Ameriprise over 25 years
Cons of working at Ameriprise Financial
No real draw backs. Very satisfied
Ameriprise Financial benefits
The strong history and strong brand
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3.0
A zippia user wrote a review on Mar 2023
Pros of working at Ameriprise Financial
My team had great people. The environment was very collaborative.
Cons of working at Ameriprise Financial
The corporate culture was not friendly
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1.0
A zippia user wrote a review on Jan 2023
Pros of working at Ameriprise Financial
I like my boss and the people I work with.
Cons of working at Ameriprise Financial
Ameriprise will tell you that you are a team and we all support each other. But if you work in a branch office and you do something absolutely tremendous (like bring in a huge client or be rated in the top 1% in your position or something), all the company will do is thank you. Meanwhile your manager and everyone on up to the CEO gets a bonus based on the work you did.
Is this useful?2 people found this review helpful
2.0
A zippia user wrote a review on Jul 2021
Pros of working at Ameriprise Financial
people other than the person i am supporting, advisor
Cons of working at Ameriprise Financial
the advisor who i support as well as no growth opportunity
Ameriprise Financial benefits
none.
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2.0
A zippia user wrote a review on Jul 2021
Pros of working at Ameriprise Financial
people other than the person i am supporting, advisor
Cons of working at Ameriprise Financial
the advisor who i support as well as no growth opportunity
Ameriprise Financial benefits
none.
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4.0
A zippia user wrote a review on Feb 2021
Pros of working at Ameriprise Financial
The people and the actual work
Cons of working at Ameriprise Financial
no benefits, PTO, health insurance
Ameriprise Financial benefits
There aren't any
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5.0
A zippia user wrote a review on Feb 2020
Pros of working at Ameriprise Financial
The people that I get to work with are within small communities and appreciate quality advice.
Cons of working at Ameriprise Financial
Ameriprise Financial drives products that they desire to be sold.
Ameriprise Financial benefits
The sense of independence within a large corporation is a plus.
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The team at Ameriprise Financial
The founders of Ameriprise Financial are John Tappan and J. R Ridgway.
The key people at Ameriprise Financial are James Michael Cracchiolo, John Tappan and J. R Ridgway.
Key people
James Michael Cracchiolo
John Tappan
J. R Ridgway
The inside scoop
Ameriprise Financial is a trusted financial firm that empowers clients to enjoy the full and rich life they have earned. This reputable firm has helped millions of clients achieve their financial goals for more than 120 years. Ameriprise Financial has a network of approximately 10,000 financial advisors and a revenue of up to $1 billion.
Ameriprise Financial rankings
Ameriprise Financial is ranked #65 on the Best companies to work for in Minnesota list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
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Ameriprise Financial diversity
9.8
Diversity score
We calculated Ameriprise Financial’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Ameriprise Financial’s workforce.
Ameriprise Financial diversity summary. Zippia estimates Ameriprise Financial's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Ameriprise Financial's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Ameriprise Financial's workforce.
Ameriprise Financial has 12,300 employees.
48% of Ameriprise Financial employees are women, while 52% are men.
The most common ethnicity at Ameriprise Financial is White (63%).
13% of Ameriprise Financial employees are Asian.
12% of Ameriprise Financial employees are Hispanic or Latino.
The average employee at Ameriprise Financial makes $56,770 per year.
Ameriprise Financial employees are most likely to be members of the democratic party.
Employees at Ameriprise Financial stay with the company for 4.3 years on average.
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Ameriprise Financial office locations
Ameriprise Financial is headquartered in Minneapolis, MN
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Ameriprise Financial currently has 14.3B in revenue. Ameriprise Financial's most recent quarter produced 4.1b (q3'2023).
Ameriprise Financial annual revenue
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Highest paying Ameriprise Financial competitors
Compare Ameriprise Financial salaries to competitors, including Morgan Stanley, American Express, and AIG. Employees at Morgan Stanley earn the highest average yearly salary of $103,933. The salaries at American Express average $86,421 per year, and the salaries at AIG come in at $84,115 per year.
Rank
Company
Average salary
Jobs
1
$103,933
0
2
$86,421
0
3
$84,115
0
4
$82,738
0
5
$75,483
0
6
$73,043
0
7
$71,921
0
8
$71,084
0
9
$68,354
0
10
$67,600
0
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Ameriprise Financial FAQs
When was Ameriprise Financial founded?
How many employees does Ameriprise Financial have?
Zippia gives an in-depth look into the details of Ameriprise Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ameriprise Financial. The employee data is based on information from people who have self-reported their past or current employments at Ameriprise Financial. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Ameriprise Financial. The data presented on this page does not represent the view of Ameriprise Financial and its employees or that of Zippia.
Ameriprise Financial may also be known as or be related to Ameriprise Financial, Ameriprise Financial Inc, Ameriprise Financial Services, Inc., Ameriprise Financial, Inc., ameriprise and ameriprise financials.