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RiverSource logo. RiverSource ( RiverSource Life Insurance Company) is a U.S.-based investment management and life insurance firm which is a subsidiary of Ameriprise Financial, Inc. RiverSource is made up of RiverSource Investments, RiverSource Annuities, and RiverSource Insurance. The firm is based in Minneapolis, Minnesota .
Ameriprise Financial. Ameriprise Financial, Inc. is a diversified financial services company and bank holding company incorporated in Delaware and headquartered in Minneapolis, Minnesota. [1] It provides financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning. [1]
In June 2006, the company agreed to buy AssetMark Investment Services for $230 million. In 2007, another GE Capital insurance company, First Colony Life Insurance Company, merged with the company's life insurance division and became the surviving entity. In May 2007, the company sold its employee benefits business to Sun Life Financial.
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History. Founded by Frank Russell in 1936 in Tacoma, Washington, [10] [11] Russell Investments began as a stockbroker and consultant, and later created the Russell 2000 Index, one of the most followed stock market indices in the U.S. [12] His grandson, George Russell, has been credited with expanding the company and pioneering the business of ...
AAII's best and premium content is made available only to members, who pay fees starting at $29 a year. For this fee, they receive the AAII Journal (the organization's monthly ad-free magazine), access to the organization's model portfolios, techniques for screening stocks, free investment courses, and other benefits.