{"url":"https://nivawealth.com/firms/ameriprise-financial-services-6363","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/6363","regulatoryAum":660474421776,"crd":"6363","secFileNumber":"801-28543","legalName":"Ameriprise Financial Services, LLC","displayName":"Ameriprise Financial Services","website":"https://www.ameriprise.com","linkedinUrl":"https://www.linkedin.com/company/ameriprise-financial-services-llc","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"901 3rd Avenue South","city":"Minneapolis","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55402"},"tradeNames":["Comerica Financial Advisors"],"registration":{"secApproved":"5 December 1986","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":14056,"advisory":12681,"brokerDealerReps":13441,"insuranceAgents":11728,"promoters":211},"aum":{"discretionary":356290579112,"discretionaryAccounts":1522835,"nonDiscretionary":304183842664,"nonDiscretionaryAccounts":901210,"wrapProgram":660474421775,"nonUsClientsPct":1,"nonAumClients":124349},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1189138,"regulatoryAum":278445513502},{"label":"High-net-worth individuals","clients":183925,"regulatoryAum":368496439569},{"label":"Pension and profit-sharing plans","clients":7105,"regulatoryAum":5018718624},{"label":"Charitable organizations","clients":2335,"regulatoryAum":3019639751},{"label":"State or municipal government entities","clients":540,"regulatoryAum":1365802578},{"label":"Insurance companies","clients":11,"regulatoryAum":8590287},{"label":"Corporations and other businesses","clients":3260,"regulatoryAum":4114893607},{"label":"Other","clients":15,"regulatoryAum":4823858}],"fees":[],"feeNotes":[],"custodians":[{"name":"American Enterprise Investment Services Inc.","shortName":"American Enterprise Investment Services","location":"Minneapolis, MN","smaAssets":564462364432}],"custodyNote":"Ameriprise Financial Services has custody of client assets.","otherCustodians":[],"leadership":[{"name":"William Jerryl Williams","title":"President, Director, Chairman and Chief Executive Officer","crd":"1954117"},{"name":"Mitchell David Doren","title":"Region Vice President (texas Designated Officer)","crd":"2129844"},{"name":"Stephen JR Ehele","title":"Director, Senior Vice President, Chief Operating Officer - Field","crd":"1780604"},{"name":"Brett Flansburg","title":"Senior Vice President and Chief Compliance Officer","crd":"3179474"},{"name":"Theodore Robert Horwith","title":"Vice President - Controller, Chief Financial Officer and Principal Financial Officer","crd":"3257001"},{"name":"Gumer Cruz Alvero","title":"Board Director","crd":"1975307"},{"name":"Joseph Francis Gerdes","title":"Chief Operations Officer/Principal Operating Officer","crd":"2391989"}],"ownership":[{"label":"Ampf Holding, LLC","detail":"Shareholder in the 75% or more ownership band and a control person, since October 2009."},{"label":"Ameriprise Financial, Inc.","detail":"Indirect owner: a 100% owner of parent company of Ampf Holding, LLC in the 75% or more band and a control person, since October 2009.","parent":"Ampf Holding, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":158,"privateResidences":0},"listedOfficeAddresses":26,"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"16220 N Scottsdale RD","city":"Scottsdale"}]},{"state":"California","offices":3,"addresses":[{"street":"4655 Executive DR","city":"San Diego"},{"street":"660 Newport Center DR","city":"Newport Beach"},{"street":"225 W Santa Clara ST","city":"San Jose"}]},{"state":"Florida","offices":4,"addresses":[{"street":"1819 Main ST","city":"Sarasota"},{"street":"5200 Town Center Cir","city":"Boca Raton"},{"street":"3801 Pga BLVD","city":"Palm Beach Gardens"},{"street":"4030 W Boy Scout BLVD","city":"Tampa"}]},{"state":"Kansas","offices":1,"addresses":[{"street":"4200 W 115th ST","city":"Leawood"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"60 State ST","city":"Boston"}]},{"state":"Michigan","offices":1,"addresses":[{"street":"39400 Woodward Ave","city":"Bloomfield Hills"}]},{"state":"Minnesota","offices":2,"addresses":[{"street":"901 3rd Avenue South","city":"Minneapolis","headquarters":true},{"street":"7601 France Ave S","city":"Edina"}]},{"state":"Nevada","offices":1,"addresses":[{"street":"3883 Howard Hughes Pkwy","city":"Las Vegas"}]},{"state":"New Hampshire","offices":1,"addresses":[{"street":"262 S River RD","city":"Bedford"}]},{"state":"New Jersey","offices":2,"addresses":[{"street":"250 Pehle Ave Ste 500","city":"Saddle Brook"},{"street":"141 W Front ST","city":"Red Bank"}]},{"state":"New York","offices":4,"addresses":[{"street":"1174 Veterans Memorial Hwy","city":"Hauppauge"},{"street":"530 5th Ave","city":"New York"},{"street":"200 Broadhollow RD","city":"Melville"},{"street":"777 Third Avenue","city":"New York"}]},{"state":"Ohio","offices":1,"addresses":[{"street":"5905 E Galbraith RD","city":"Cincinnati"}]},{"state":"Texas","offices":3,"addresses":[{"street":"6860 N Dallas Pkwy","city":"Plano"},{"street":"5151 San Felipe ST","city":"Houston"},{"street":"11 Greenway PLZ","city":"Houston"}]},{"state":"Washington","offices":1,"addresses":[{"street":"929 108th Ave Ne","city":"Bellevue"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"612-671-3131","stateRegisteredReps":12771,"otherAdviserReps":2,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["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 advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops","Other"],"financialPlanningClients":"628500","assetMix":[{"label":"Exchange-traded equity securities","percent":21},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":43},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":30},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":1,"detail":"Asset Types Included in \"other\" Include Medium-Term Notes, Private Placements, and Structured Products."}],"privateFunds":0},"sources":{"adv1FilingDate":"25 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/6363/PDF/6363.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Ameriprise Financial Services have?","answer":"Ameriprise Financial Services has 1,386,329 clients and manages $660.5 billion for them, as of September 2026. They include 1,189,138 other individuals, 183,925 high-net-worth individuals and 7,105 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Ameriprise Financial Services offer?","answer":"Ameriprise Financial Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Ameriprise Financial Services use?","answer":"Ameriprise Financial Services’ separately managed account assets are held at American Enterprise Investment Services Inc. (Minneapolis, MN), with $564,462,364,432. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Ameriprise Financial Services have?","answer":"Ameriprise Financial Services has 12,771 investment adviser representatives registered with state securities authorities, out of 14,056 employees, and 12,681 perform investment advisory functions. 13,441 are registered representatives of a broker-dealer and 11,728 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Ameriprise Financial Services invest in?","answer":"At the end of its last fiscal year, Ameriprise Financial Services’ separately managed accounts held 43% registered funds (mutual funds, ETFs, BDCs), 30% pooled vehicles (private funds and similar), 21% exchange-traded equities, 3% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds and 1% asset types included in \"other\" include medium-term notes, private placements, and structured products.. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Ameriprise Financial Services?","answer":"Ameriprise Financial Services is owned through a holding company by Ameriprise Financial, Inc. Its direct owner is Ampf Holding, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Ameriprise Financial Services get paid?","answer":"Ameriprise Financial Services is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}