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Key facts & milestones

History

1894 John Tappan founded Investors Syndicate.
1937 Company assets reached $100 million.
1940 Investors Syndicate entered the Mutual Fund market in partnership with Investors Mutual.
1949 Investors Syndicate changed its name to Investors Diversified Services, Inc. (IDS).
1958 IDS Life Insurance was created.
1984 American Express completed acquisition of IDS Financial Services.
1986 IDS acquired Wisconsin Employers Casualty Company of Green Bay, Wisc. and renamed it IDS Property Casualty Insurance Company.
1994 IDS reached $100 billion in assets and conducted business under the American Express brand.
2003 American Express Financial Corporation completed acquisition of London-based Threadneedle Asset Management Holdings Ltd.
2005 American Express announced plan to spin off American Express Financial Corporation into an independent company.
Aug. 1, 2005 American Express Financial Corporation officially changed its name to Ameriprise Financial, Inc.
Sept. 30, 2005 Ameriprise Financial, Inc. separated from and is no longer owned by American Express Company.
Oct. 3, 2005 Ameriprise Financial stock (AMP) officially listed and traded on the NYSE.
April 2007 Ameriprise Financial is ranked No. 297 on the FORTUNE 500® 1
May 2008 Ameriprise Financial is ranked No. 296 on the FORTUNE 500® 2

1 Source : FORTUNE Magazine, April 30, 2007

2 Source: FORTUNE Magazine, May 5, 2008