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Our history

Putting clients first since 1894

We're honored that generations of clients have entrusted Ameriprise Financial with their futures since 1894. For 130 years, we've remained true to our commitment of putting clients' interests first. 

The strength of our commitment to clients is matched by the strength of our firm: a strong financial foundation, passionate stewardship of the business and a track record of standing behind clients through good times and bad. Over the years, our singular focus on clients has helped us navigate market cycles, recessions, depressions, wars and a global pandemic. 

We look forward to the opportunity to help more investors achieve their most important financial goals for many years to come.


Celebrating 130 years of putting clients first.


Expanded financial institution presence with Comerica Financial Advisors. 


Relocated to new Minneapolis headquarters.


Charlotte, North Carolina office opens. 


For the fifth consecutive year, J.D. Power recognized Ameriprise for providing “an outstanding customer service experience” for phone support for advisors.1


Columbia Threadneedle Investments refreshed its global brand, with a new purpose statement, Investing smarter for the world you want, to replace former brand promise.


Columbia Threadneedle acquires Bank of Montreal's EMEA asset management business. 


More than $1T in assets under management and administration, further differentiating the capital strength of the firm.


Recongized 125th anniversary. 


Further strengthened wealth management capabilities with the launch of Ameriprise Bank, FSB. 


Columbia Threadneedle Investments acquires Lionstone Investments, a data-analytics driven U.S. real estate investment firm.


Expanded into the financial institution channel through the acquisition of Investment Professionals, Inc.


Launched Columbia Threadneedle Investments brand extending our reach as a top-50 global asset management firm.


Launched the Confident Retirement®  approach which underpins our personalized approach to financial advice and wealth management.


With the Columbia Management acquisition, Ameriprise Financial became the eighth-largest manager of long-term U.S. mutual fund assets.


Ameriprise Financial announced a charitable partnership with Feeding America, the nation’s largest domestic hunger-relief organization.


During the Great Recession while others took bailouts, Ameriprise acquired H&R Block Financial Advisors – growing our advisor force by 30% and extending national reach and visibility.


Ameriprise Financial became an independent, publicly-owned company through the 6th largest spin-off in U.S. history.


AMP begins trading on NYSE (Oct. 3).


Jim Cracchiolo became Chairman and Chief Executive Officer of Ameriprise Financial.


As part of the company’s brand introduction, Ameriprise Financial renames American Express Property Casualty Insurance companies to Ameriprise Auto & Home Insurance and announces the RiverSource brand. 


AEFA increased its international presence by acquiring Threadneedle Asset Management, a leading British investment firm.


AEFA acquired Dynamic Ideas, LLC, the quantitative platform of RiverSource Investments.


James Cracchiolo named President and CEO of American Express Financial Advisors.


IDS changed its name to American Express Financial Advisors (AEFA).


American Express Company acquired IDS and established American Express Financial Advisors.


Pioneered financial planning.


Investors Syndicate Life Insurance and Annuity Company is formed (renamed IDS Life Insurance Company in 1973).


Investors Syndicate changed its name to Investors Diversified Services.


Ruth Abrahamson joined the company in 1946 and later became the top female sales representative in the country.


Entered the mutual fund market with Investors Mutual Fund. Investors Stock Fund and Investors Selective fund follow in 1945.


Stock market crashes.


During the decade of the Great Depression, Investors Syndicate paid every dollar on its due date to certificate owners.


West Coast entrepreneur John R. Ridgeway purchased Investors Syndicate from founder John Tappan and his partners.


Investors Syndicate reached $1 million in assets.


John Tappan, age 24, founded Investors Syndicate.


By the end of the year, Investors Syndicate boasted assets of $2,500. 

1 J.D. Power 2023 Certified Customer Service ProgramSM recognition is based on successful completion of an operational evaluation and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions. J.D. Power certified Ameriprise customer satisfaction performance for advisors in these factors: satisfaction with the IVR routing process, and the customer service representative which includes knowledge, courtesy, concern, promptness in getting to a representative, and timeliness of resolution in addition to overall satisfaction. Ameriprise paid a fee to J.D. Power to have their advisor support experience independently certified through this program and cite the results. Ameriprise’s public use of the certification is subject to a license fee. For more information, visit
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.
Ameriprise Financial cannot guarantee future financial results.
The Confident Retirement® approach is not a guarantee of future financial results. 
Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. 
Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.

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