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Ameriprise surprise: Firm to open platform to outside annuity providers
Until now, Ameriprise has confined its reps to selling the firm's own proprietary VA investments.
Ameriprise CEO got 52% jump in pay in 2009
Ameriprise Financial Inc. Chairman and CEO James M. Cracchiolo saw his total compensation grow 52 percent in 2009 to $18.2 million, largely because he earned a cash incentive after receiving no such award the previous year.
Ameriprise to acquire most of BofA’s Columbia for $1B
Ameriprise will spend $1 billion to acquire the majority of Columbia Management, the asset management business of Bank of America, in an all cash deal, the companies have revealed.
