Ameriprise Financial - M&A Summary and Business Overview

Financial ServicesCompany

Ameriprise Financial M&A Summary

Ameriprise Financial has acquired 6 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Ameriprise Financial’s largest acquisition to date was in 2009, when it acquired Columbia Management Investment Advisers for $1.0B. It’s largest disclosed sale occurred in 2019, when it sold Ameriprise Financial - Auto & Home Business to American Family Mutual Insurance for $1.1B. Ameriprise Financial has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include financial services (100%).

Ameriprise Financial Business Overview

Where is Ameriprise Financial headquartered?

Ameriprise Financial is headquartered in Minneapolis, Minnesota.

What is Ameriprise Financial’s revenue?

Ameriprise Financial disclosed revenue of 14,271M USD for 2022 and 13,431M USD for 2021.

How many employees does Ameriprise Financial have?

Ameriprise Financial has 13,500 employees.

What sector is Ameriprise Financial in?

Ameriprise Financial is a financial services company.

When was Ameriprise Financial founded?

Ameriprise Financial was founded in 1894.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 5
  • M&A Advisors 2

Ameriprise Financial

Ameriprise Financial, Inc.

55 Ameriprise Financial Center,
Minneapolis, Minnesota 55474
United States,
(612) 671-2052
www.ameriprise.com

Ameriprise Financial is a diversified financial services company. Ameriprise offers a broad range of products and services designed to achieve the financial objectives of individual and institutional clients. Ameriprise's wealth management capabilities are centered on long-term, personal relationships between clients and financial advisors. Through its advisors, Ameriprise offers financial planning, products and services designed to be used as solutions for clients' cash and liquidity, asset accumulation, income, protection, and estate and wealth transfer needs. Ameriprise's asset management business offers a broad spectrum of investment advice and products to individual, institutional and high-net worth investors. Ameriprise Financial was incorporated in 1894 and is based in Minneapolis, Minnesota.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - 1 - - - 6
vol $1.3B $947M $2.3B
Sell (0.0/yr) # 1 - - - - - 1
vol $1.1B $1.1B
  7

Most Recent M&A

Company Date Value Type
BMO - EMEA Asset Management Business 2021-11-08 947M GBP Divestiture
London, United Kingdom
Ameriprise Financial, Inc. - Auto & Home Business 2019-04-02 1.1B USD Divestiture
De Pere, Wisconsin
Investment Professionals, Inc. 2017-04-24 - Add-on Acquisition
San Antonio, Texas · www.invpro.com
Grail Advisors LLC 2011-04-14 - Add-on Acquisition
San Francisco, California · www.grailadvisors.com
Columbia Management Investment Advisers, LLC 2009-09-30 1.0B USD Divestiture
Boston, Massachusetts · www.columbiamanagement.com
J. & W. Seligman & Co. 2008-11-07 - Add-on Acquisition
New York, New York
H&R Block Financial Advisors 2008-11-03 315M USD Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 6 (100%) 2.3B (100%) - -
Insurance - - 1 (100%) 1.1B (100%)
Total 6 $2.3B 1 $1.1B

By Geo

State/Country Buy Value Sell Value
United States 5 1.3B 1 1.1B
  Texas 1 - - -
  New York 1 - - -
  Massachusetts 1 1.0B - -
  California 1 - - -
  Wisconsin - - 1 1.1B
United Kingdom 1 947M - -
Domestic 5 (83%) 1.3B (58%) 1 (100%) 1.1B (100%)
Cross-border 1 (17%) 947M (42%) - -
Total 6 $2.3B 1 $1.1B

Top M&A Advisors

Financial Deals
Credit Suisse Investment Banking
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
1

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 2 $1.3B
TOTAL $2.3B
Largest Columbia Management Investment Advisers, LLC
$1.0B (2009-09-30)
sell # Total
> $1B 1 $1.1B
TOTAL $1.1B
Largest Ameriprise Financial, Inc. - Auto & Home Business
$1.1B (2019-04-02)

M&A Connections

Deals
Acquired from
Investor(s)
17%
1 (17%)
Strategic(s)
50%
3 (50%)
Divested to
Strategic(s)
100%
1 (100%)

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