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MFWire: RiverSource Funds
MUTUAL FUND FAMILY PROFILES [BETA]
To Update this information contact Editors@InvestmentWires.com or call Armie Lee at 212-331-8995 x111.
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Ameriprise Financial
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901 Maquette Avenue South
Suite 2810
Minneapolis, MN 55402
Google Maps
Contact
Main Phone: 612-671-4321
Web Site:
Click Here
Mutual Fund Brand(s)
RiverSource Funds
Research Links
Stock Data: SEC Filings | Yahoo! Quote
SEC Fund Filings by CIK
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Background:
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RiverSource Investments is now known as Columbia Management Investment Advisers [see the Columbia Threadneedle Investments profile].
On May 1, 2010, insurance brokerage Ameriprise Financial closed on its acquisition of Columbia Management. In the wake of that deal, Columbia largely swallowed the RiverSource brand (at least for U.S. asset management, and not including annuities or various other insurance products).
Founded as Investors Syndicate, this fund family was one of the first integrated with a broker-dealer. Later, the funds rebranded as Investors Diversified Services (IDS) Funds. American Express purchased IDS in 1994. American Express spun the funds off as part of Ameriprise in September 2005. At that time the funds were rebranded as RiverSource. The more than 60 retail mutual funds had approximately $60 billion in assets under management as of June 30, 2005. In 2008 it purchased J.W. Seligman.
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Sponsored Opportunities
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Key People:
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Ted Truscott
President, U.S. Asset Management & CIO , Ameriprise Financial | Chris Keating
Head of Institutional Sales, Client Service and Consultant Relationships, RiverSource Investments | Patrick Bannigan
Senior VP and Director, Ameriprise Financial | Walter Berman
Chief Financial Officer, Executive VP and Treasurer, Ameriprise Financial | Peter Gallus
Chief Operating Officer and Senior VP, Ameriprise Financial | Michelle Keeley
Executive VP and Director, Ameriprise Financial | Jennifer Lammers
Chief Compliance Officer, Ameriprise Financial | Brian McGrane
Chief Financial Officer and Vice President, Ameriprise Financial | James Cracchiolo
Director, Chairman of the Board, President & CEO, Ameriprise Financial | Kim Sharan
EVP, Chief Marketing Officer , Ameriprise Financial |
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