AMP - Ameriprise Financial, Inc. Comm
Ameriprise Financial, Inc. is engaged in providing financial planning, products and services that are designed to be utilized as solutions for its clients cash and liquidity, asset accumulation, income, protection, and estate and wealth transfer needs. As of December 31, 2008, the Company had a network of more than 12,400 financial advisors and registered representatives (affiliated financial advisors). The Company operates in five business segments: Advice & Wealth Management; Asset Management; Annuities; Protection and Corporate & Other. Ameriprise Financial, Inc. uses two brand names for its businesses: Ameriprise Financial and RiverSource. In November 2008, the Company announced the acquisition of H&R Block Financial Advisors (HRBFA) from H&R Block, Inc. In November 2008, it completed the acquisition of J. & W. Seligman & Co.