What happened to Ameriprise?

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Ameriprise Financial becomes an independent, publicly-owned company with more than 12,000 advisors and registered representatives and more than two million individual, business and institutional clients. AMP begins trading on NYSE. Jim Cracchiolo becomes Chairman and Chief Executive Officer of Ameriprise Financial.

What happened to IDS?

IDS Financial Services, American Express Co.’s financial planning unit, will take on a new name Jan. 1. In changing its moniker to American Express Financial Advisors. Jul 28, 1994

Are ameriprise fees high?

Investment fees can run high: For portfolio management, Ameriprise Financial Services can charge an advisory fee up to 2.00%. Some of the firm’s programs also include an additional manager fee, platform fee and an investments and infrastructure support fee. Sep 20, 2021

What happened to Ameriprise?