AMP

Ameriprise Financial Inc

A diversified financial services firm, Ameriprise helps millions of retail clients plan and invest through a network of more than ten thousand financial advisors, while its Columbia Threadneedle Investments arm manages money for institutions worldwide and its RiverSource brand sells annuities and life insurance. It traces its roots to 1894, when John Tappan founded Investors Syndicate in Minneapolis to let everyday households save through installment investment certificates. After American Express bought the business in 1984 and spun it off in 2005, the new company took the name Ameriprise—a blend of "American" and "rise" meant to evoke helping clients climb toward their goals.