SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Ameriprise Financial Services, LLC
Minneapolis, MN
CRD 6363
Firm filing updated September 25, 2026 ·
- $660.5BAssets
- 1,386,329Clients
- 12,681Advisory staff
- 2,424,045Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals1,189,138
- High net worth individuals183,925
- Pension and profit sharing plans7,105
- Corporations or other businesses3,260
- Charities2,335
- and 2 more551
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 1,189,138 | $278.4 billion |
| High net worth individuals | 183,925 | $368.5 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7,105 | $5.0 billion |
| Charitable organizations | 2,335 | $3.0 billion |
| State or municipal government entities (including government pension plans) | 540 | $1.4 billion |
| Insurance companies | 11 | $8.6 million |
| Corporations or other businesses not listed above | 3,260 | $4.1 billion |
| Other: "TRUSTS/ESTATES" | 15 | $4.8 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 8 services
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other: "ASSET ALLOCATION SERVICES"
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other: "ASSET ALLOCATION SERVICES"
Assets and accounts
- Regulatory assets$660.5 billion
- Accounts2,424,045
- Discretionary$356.3 billion · 1,522,835 accounts
- Non-discretionary$304.2 billion · 901,210 accounts
People
- Employees14,056
- Advisory staff12,681
- Broker-dealer reps13,441
- Licensed insurance agents11,728
- Planning clients628,500
Advisors
7,878 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 6363, SEC file 801-28543.
- Registered with the SEC as an investment advisor (status date on record: December 5, 1986).
Is Ameriprise Financial Services, LLC a fiduciary?
Short answer: Ameriprise Financial Services, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 13,441 staff are broker-dealer representatives, the firm is itself a broker-dealer and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
11,728 staff are licensed insurance agents, the firm is itself an insurance broker or agent and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.