Who Owns Ameriprise Financial and Its Investment Portfolio

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Credit: pexels.com, A professional in an office analyzing financial charts on multiple monitors, using advanced technology.

Ameriprise Financial is a financial services company that offers a range of investment products and services. It's a subsidiary of Ameriprise Financial Services, Inc.

Ameriprise Financial is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol AMP. This means that its shares are available for anyone to buy and sell.

The company is headquartered in Minneapolis, Minnesota, and has a significant presence in the financial services industry. Ameriprise Financial has a long history dating back to 1894, when it was founded as American Express Company.

Ameriprise Financial's investment portfolio includes a range of products, such as mutual funds, exchange-traded funds (ETFs), and variable annuities.

Ownership Structure

The ownership structure of Ameriprise Financial is quite diverse. Institutional investors own a significant portion of the company, with institutions controlling a whopping 86.7% of the shares.

The largest shareholder is The Vanguard Group, Inc., which owns a staggering 13% of the company. BlackRock, Inc. is the second-largest shareholder, holding around 8.9% of the shares. The top 17 shareholders collectively control 51% of the ownership, making no single shareholder have a majority interest.

For more insights, see: Parent Company

Credit: youtube.com, How Are Ameriprise Financial Advisors Paid? - AssetsandOpportunity.org

Here's a breakdown of the ownership structure:

Insider ownership is relatively low, with insiders owning less than 1% of the company in their own names. The CEO and board members, however, own a significant amount of stock, with a collective value of US$133m.

Key Players

Ameriprise Financial has a strong presence of institutional ownership, with 87% of the company held by institutions. This group has the maximum upside potential and downside risk.

The top 17 shareholders hold 51% of the business, giving them a significant amount of influence over the company's direction.

Let's take a closer look at the members of Ameriprise Financial's board of directors. Here are the key players:

Company Information

Ameriprise Financial is a leading financial services company that has been around for over 125 years. It was founded in 1894 as National Industrial Security Corporation.

The company has undergone several name changes over the years, with the most recent one being in 1993 when it was renamed Ameriprise Financial. Ameriprise Financial is headquartered in Minneapolis, Minnesota.

Credit: youtube.com, Ameriprise Financial Business Summary

Ameriprise Financial is a subsidiary of Ameriprise Financial Services, Inc., a financial services holding company. It is a publicly traded company listed on the New York Stock Exchange under the ticker symbol AMP.

Ameriprise Financial has a significant presence in the United States, with over 10,000 financial advisors and representatives serving clients across the country. The company offers a wide range of financial products and services to individuals, families, and businesses.

Recent Insider Transactions

Recent insider transactions have been quite active at Ameriprise Financial. In the past three months, insiders have only sold shares, with no buying activity reported.

Joseph Sweeney, a notable insider, sold 1,350 shares on November 8th for a total of $744,399. This is one of the largest insider sales in the recent past.

Here are some of the notable insider sales in the past three months:

These sales indicate that insiders are not confident in the company's future prospects, which could be a cause for concern for investors.

Ownership Insights

Credit: youtube.com, Why Black advisors choose Ameriprise

Ameriprise Financial is a company with a significant amount of institutional ownership, with institutions holding a whopping 87% of the company's shares.

This high level of institutional ownership can have a major impact on the company's stock price, as institutions have a lot of money and research capabilities at their disposal. They tend to carry a lot of weight, especially with individual investors.

Institutional investors often compare their returns to a commonly followed index, and they tend to buy larger companies that are included in the relevant benchmark index. This is likely why institutions have a significant stake in Ameriprise Financial.

The top 17 shareholders control a significant 51% of the company's ownership, with no single shareholder holding a majority interest. This means that the company's decisions are likely to be influenced by a group of large shareholders.

Here's a breakdown of the top shareholders in Ameriprise Financial:

The general public, who are usually individual investors, hold a relatively small 13% stake in Ameriprise Financial. This size of ownership may not be enough to change company policy if the decision is not in sync with other large shareholders.

The largest shareholder, The Vanguard Group, Inc., owns approximately 12.9% of the company's shares, while the second largest shareholder, BlackRock, Inc., owns around 8.88%.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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