Ameriprise Financial

Ameriprise Financial

Ameriprise Financial, Inc. is one of the leading diversified financial services companies in the U.S. Ameriprise Financial engages in business through its subsidiaries who provide a wide range of financial planning, products and services designed to be utilized as solutions for its clients’ cash and liquidity, asset accumulation, income, protection, and estate and wealth transfer needs, including wealth management, asset management, insurance, annuities and estate planning.

Ameriprise Financial, Inc., the holding company is incorporated in Delaware. The company's headquarters are in Minneapolis, Minnesota. James Cracchiolo is the chairman and chief executive officer. The company's primary subsidiaries include Ameriprise Financial Services, Inc., Columbia Management Investment Advisers, LLC, and RiverSource Life Insurance Company. Threadneedle Asset Management is Ameriprise Financial's international asset manager and an award-winning provider of investment solutions to institutional and retail clients across the globe. The company's subsidiary in India, Ameriprise India Private Limited, offers holistic financial planning services to upwardly mobile Indian consumers.

The company has announced the purchase of the Starwood Luxury Collection property Hotel Ivy and restaurant, a sale it expects to complete in late September or early October 2012. Ameriprise Financial had earlier purchased Oak Ridge Hotel and Conference Center in Chaska, MN, which is used as a training and meeting facility, as well as to rent out to the general public.

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