Experienced Financial Advisors
Columbia has 54 four and five star Morningstar funds, which is among the most in the industry.
Source: Ameriprise Financial 2010 Annual Report.
Product solutions for a lifetime
At Ameriprise Financial, you have access to a broad array of product solutions — both nonproprietary and those under our Ameriprise, RiverSource and Columbia Management brands. No matter where your clients are in life, you can offer products and services that span the four cornerstones: cash and liabilities, investments, protection and taxes. The four cornerstones are the foundation of the holistic financial planning our advisors do.
Cash and liabilities
Develop strategies that meet your clients’ cash-flow needs and help them secure financing for immediate and long-term needs.
- The Ameriprise ONE® Financial Account,1 a consolidated cash management and brokerage account
- Money market funds,2 face-amount certificates,3 deposit accounts,4 online bill pay and ATM/Debit card access
- Mortgages, home equity loans, home equity lines of credit4 and Ameriprise Financial MasterCard® credit cards
Investments
Offer solutions to help build savings for goals like retirement, education and ongoing retirement income.
- More than 2,000 mutual funds from 200+ fund families3
- Equity and fixed income securities trading
- Alternative investments, such as real estate investment trusts (REITs), limited partnerships and hedge funds3
- Investment advisory products and solutions, including Ameriprise® Managed Accounts, Strategic Portfolio Service (SPS) Advantage — the largest mutual fund wrap program in the industry — separately managed accounts and our innovative Advice-Built® solutions, such as Active Portfolios® investments5
- Fixed and variable annuity solutions through RiverSource® annuity products6
- Personal trust services, where our trust professionals collaborate with you throughout the administration of trust and agency accounts
Protection
Help clients safeguard what they have as well as their ability to earn income, manage risks and transfer assets.
- Life and health insurance (including variable, universal life, whole life and term life) from industry-leading RiverSource Insurance, plus more than 20 nonproprietary life and health insurers’ solutions
- Disability income insurance from RiverSource
- Auto and homeowners insurance through Ameriprise Auto & Home, featuring the support of a centralized sales, service and claim center 7
Taxes
Understand how tax laws affect the future and apply tax-advantaged strategies to any client situation.
- Full line of tax-advantaged investment products and services
1The Ameriprise ONE® Financial Account is a brokerage account with cash management features. Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc., Member FINRA and SIPC. Ameriprise Bank, FSB, Member FDIC, provides certain deposit and lending products and services for Ameriprise Financial Services, Inc. Ameriprise Bank, FSB deposit products are FDIC-insured up to $100,000 per depositor.
2An investment in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to maintain the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
3 Investment products, including variable annuities, shares of mutual funds and certificates, are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution and involve investment risks including possible loss of principal and fluctuation in value. You should consider the investment objectives, risks, charges and expenses of these products carefully before investing. For a free prospectus, which contains this and other important information about our products, call 1 (800) 862-7919. Read the prospectus carefully before you invest.
Withdrawals from variable annuities are taxable and, if taken before age 59 1/2, may incur an IRS 10% early withdrawal penalty. REIT products are long-term, illiquid investments and are only suited for clients with long-term investment goals. Ameriprise certificates are backed by reserves of cash and qualified assets on deposit. The assets backing the certificates have varying ratings and generally increase in market value as interest rates fall and decrease in market value as interest rates rise. Bank CDs are FDIC insured. Ameriprise Certificates are issued by Ameriprise Certificate Company and distributed by Ameriprise Financial Services, Inc. Member FINRA.
RiverSource® mutual funds are distributed by RiverSource Fund Distributors, Inc., Member FINRA and managed by RiverSource Investments, LLC. RiverSource is part of Ameriprise Financial, Inc.
* For more information about our products, please refer to the Client Relationship Guide at ameriprise.com/guide.
4 Ameriprise Bank, FSB, Member FDIC, provides certain lending products and services, deposit products and personal trust services for Ameriprise Financial Services, Inc. FDIC deposit insurance has been temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013. Funds held in an identified FDIC insurable capacity will be FDIC insured up to a maximum of $250,000 at a single bank, and any amount deposited above $250,000 will not be covered by FDIC deposit insurance. The client is responsible for monitoring the total amount of funds they hold at Ameriprise Bank in the same insurable capacity in order to ensure that your total deposits are within FDIC guidelines, whether those funds are held directly at Ameriprise Bank or via the AIMMA cash sweep product made available in Ameriprise brokerage accounts.
The Ameriprise MasterCard is issued by Ameriprise Bank, FSB pursuant to a license from MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated.
5 Ameriprise® Managed Accounts, including Separately Managed Accounts, Strategic Portfolio Services (SPS) Advantage, and Active Portfolios® investments, is offered by Ameriprise Financial Services, Inc. SPS Advantage ranked the No. 1 mutual fund advisory program in assets under management for the fourth consecutive year according to The Cerulli Associates, The Cerulli EdgeTM — Managed Accounts Edition, Q1, 2008. Please review the Premier Client Disclosure brochure (Form ADV Part II) for a full description of services offered in Managed Accounts, including fees and expenses. Fund of Hedge Funds is an alternative investment that involves certain risks; please read the prospectus carefully to determine if this investment is suitable for you.
6 For variable annuities, investors should have a long-term investment horizon as they are intended primarily for retirement purposes. Variable annuities also offer access to subaccounts, including Guaranteed Minimum Accumulation Benefit6, Guaranteed Minimum Withdrawal BenefitSM and Guarantor Minimum Withdrawal Benefit. All guarantees are based on the continued claims paying ability of the issuing company and do not apply to the performance of the variable subaccounts, which will vary with market conditions. Variable annuities are complex investment vehicles. Before you invest, be sure to ask your sales representative about the variable annuity's features, benefits, risks and fees, and whether the variable annuity is appropriate for you, based upon your financial situation and objectives.
If the Guaranteed Minimum Accumulation Benefit rider is elected, an annual fee of 0.60% is assessed against the greater of the MCAV or contract anniversary value. If the Guaranteed Minimum Withdrawal Benefit rider is elected, an additional charge of 0.60% of the total contract value will be deducted on an annual basis. If the Guaranteed Minimum Withdrawal Benefit for Life rider is elected, an additional charge of 0.65% of the greater of the total contract value or total Remaining Benefit Amount will be deducted on an annual basis.
7 Auto and Home insurance is underwritten by IDS Property Casualty Insurance Company, or in certain states, Ameriprise Insurance Company, De Pere, WI. Each company is a wholly owned subsidiary of Ameriprise Financial, Inc.
RiverSource Distributors, Inc. (Distributor), Member FINRA. Insurance and annuity products are issued by RiverSource Life Insurance Company and in New York, by RiverSource Life Insurance Co. of New York, Albany, New York. Only RiverSource Life Insurance Co. of New York is authorized to sell insurance and annuities in New York.
Ameriprise Financial and its representatives do not provide tax or legal advice. Consult with your tax advisor or attorney regarding specific tax issues.
Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. Some products and services may not be available in all jurisdictions or to all clients.