Violation Tracker Parent Company Summary

Parent Company Name: 
Ameriprise Financial
Ownership Structure: 
publicly traded (ticker symbol AMP)
Headquartered in: 
Minnesota
Major Industry: 
financial services
Specific Industry: 
financial services
Penalty total since 2000: 
$308,951,272
Number of records: 
48
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
financial offenses$246,032,57236
employment-related offenses$58,813,2004
consumer-protection-related offenses$4,105,5008
Top 5 Primary Offense TypesPenalty TotalNumber of Records
investor protection violation$246,032,57236
employment discrimination$31,128,2002
benefit plan administrator violation$27,500,0001
insurance violation$3,895,5006
consumer protection violation$210,0002
Notes: 

Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.

Associated Names: 

American Express Financial Advisors; Ameriprise Advisor Services Inc.; AMERIPRISE FINANCIAL; Ameriprise Financial Services, Inc.; Ameriprise Group; COLUMBIA MGT ADVISORS AND COLUMBIA FUNDS DISTRIBUTOR; COLUMBIA MGT INVESTMENT SVC; Investment Professionals Inc.; RiverSource Life Insurance Co.

Links: 

Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.


Individual Penalty Records:

Click on the company or penalty amount for more information on each case.
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Company Primary Offense Type Year Agency Penalty Amountsort icon
American Express Financial Advisors, Inc. investor protection violation 2002 MN-FIN $5,000
American Express Financial Advisors Inc. investor protection violation 2000 TX-SEC $9,000
Ameriprise Financial Services Inc. consumer protection violation 2013 NE-DBF $10,000
Investment Professionals Inc. insurance violation 2014 NY-DFS $10,000
RiverSource Life Insurance Co. insurance violation 2011 FL-OFR $10,500
AMERIPRISE FINANCIAL SERVICES, INC. investor protection violation 2016 VA-SEC $14,000
Ameriprise Financial Services, Inc. investor protection violation 2016 NH-BSR $30,800
Ameriprise Advisor Services Inc. investor protection violation 2009 RI-FIN $48,411
Ameriprise Financial Services, Inc. investor protection violation 2013 MD-SEC $50,000
Investment Professionals, Inc. investor protection violation 2009 MO-SEC $52,500
Ameriprise Financial Services, Inc. investor protection violation 2016 WA-FIN $55,000
Investment Professionals Inc. investor protection violation 2014 SEC $67,800
RiverSource Life Insurance Co. insurance violation 2018 DE-INS $75,000
Ameriprise Financial Services, Inc. investor protection violation 2014 NH-BSR $90,000
Investment Professionals, Inc. investor protection violation 2017 MA-SEC $100,000
Ameriprise Financial Services, Inc. investor protection violation 2018 CA-DBO $115,000
American Express Financial Advisors investor protection violation 2000 AZ-SEC $125,000
Ameriprise Financial, Inc. employment discrimination 2016 OFCCP $128,200
Ameriprise Financial Services, Inc. investor protection violation 2008 MS-SEC $150,000
Ameriprise Financial wage and hour violation 2011 private lawsuit-federal $185,000
Ameriprise Financial Services, Inc. consumer protection violation 2009 MA-AG $200,000
Ameriprise Financial Services investor protection violation 2018 SEC $230,000
Columbia Management Investment Services Corp. investor protection violation 2017 SEC $250,000
Ameriprise Financial Services, Inc. investor protection violation 2018 NJ-AG $375,000
Ameriprise Financial Services, Inc. investor protection violation 2013 MA-SEC $400,000
Ameriprise Financial Services Inc. investor protection violation 2018 SC-SEC $650,000
Ameriprise Financial Services Inc. investor protection violation 2009 MULTI-FIN $720,000
AMERIPRISE FINANCIAL SERVICES investor protection violation 2008 VA-SEC $780,000
RiverSource Life Insurance Co. insurance violation 2015 CA-INS $800,000
Ameriprise Financial Services, Inc. investor protection violation 2009 KY-FIN $983,984
Ameriprise Financial Services, Inc. investor protection violation 2005 AZ-SEC $1,000,000
Ameriprise Financial Services, Inc. investor protection violation 2006 AZ-SEC $1,250,000
Ameriprise Financial Services, Inc. investor protection violation 2008 IL-SEC $1,449,384
Ameriprise Group insurance violation 2017 MULTI-AG $1,500,000
RiverSource Life Insurance Company insurance violation 2016 MULTI-FIN $1,500,000
American Express Financial Advisors, Inc. investor protection violation 2005 MN-FIN $2,000,000
Ameriprise Financial Services, Inc. investor protection violation 2008 NH-BSR $3,400,000
American Express Financial Advisors Inc. investor protection violation 2004 SEC $3,706,693
Ameriprise Financial Services Inc. investor protection violation 2018 SEC $4,500,000
American Express Financial Advisors Inc. investor protection violation 2005 NJ-AG $5,000,000
American Express Financial Advisors Inc. investor protection violation 2005 NH-BSR $7,375,000
Ameriprise Financial Services, Inc. investor protection violation 2017 SEC $8,750,000
Ameriprise Financial, Inc. investor protection violation 2005 SEC $15,000,000
Ameriprise Financial Services, Inc. investor protection violation 2009 SEC $17,300,000
Ameriprise Financial, Inc. benefit plan administrator violation 2015 private lawsuit-federal $27,500,000
Ameriprise Financial, Inc. investor protection violation 2005 SEC $30,000,000
American Express Financial Advisors employment discrimination 2002 private lawsuit-federal $31,000,000
Columbia Management Advisors Inc. and Columbia Funds Distributor Inc. investor protection violation 2005 SEC $140,000,000
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