The AMERIPRISE FINANCIAL SERVICES is a publicly held investment adviser that advises $1,172.63Bn in regulatory assets under management held in 5 SEC fund types across 7 investment strategies. AMERIPRISE FINANCIAL SERVICES is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 43.47% over the last 5-years.
The Group has been registered with the SEC for 40.64 years and is comprised of 5 filing and 2 relying advisers. They operate out of 34 office locations with their Headquarters at 901 3RD AVENUE SOUTH, MINNEAPOLIS, MINNESOTA. The Group has been subject to regulatory enforcement actions. They are regulated by 33 US and Non-US bodies.
They have 15,032 employees comprised of 13,147 investment and 1,885 non-investment staff. The total number of Employees decreased by 4.49% over the last 5-years.
Their $1,172.63Bn in assets advised are owned by 191 private funds, 187 public funds and BDCs and 13,615 other accounts. Assets of High Net Worth Individuals clients own $370.38Bn or 31.59% of Total Assets and Investment Companies (IC) own $316.1Bn or 26.96% of Total Assets.
The Group's top investment strategies include Long/Short Equity, FI/Credit - Diverse and Multi Strat, representing 70.86%, 17.21% and 10.61% of total assets, respectively.
They advise 11 types of clients, top clients are High Net Worth Individuals and Investment Companies (IC).
The Group uses 12 Fund Administrators, 1 Fund Auditors, 2 Prime Brokers, 13 Custodians and 22 Marketers. It does not report a third-party Fund Administrator in 94 private funds with $251.86Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
AMERIPRISE FINANCIAL SERVICES names 5 sub-advisers ARISTOTLE ATLANTIC PARTNERS, LLC, COMMERCIAL REAL ESTATE ALPHA DRIVER GP, LLC, LOS ANGELES CAPITAL MANAGEMENT LLC, PRINCIPAL GLOBAL INVESTORS (HONG KONG) LIMITED, T. ROWE PRICE ASSOCIATES, INC. to 2 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.