Feb 16, 2023 / 07:30PM GMT
Craig William Siegenthaler - BofA Securities, Research Division - MD & Head of the North American Asset Managers, Brokers & Exchanges Team
So I'm Craig Siegenthaler from Bank of America. And it's my pleasure to introduce Jim Cracchiolo.
Jim has been the Chairman and CEO of Ameriprise since September 2005, when the company went public via tax-free spin out, out of American Express. He first joined American Express in 1982 before holding several senior executive roles from 1998 until 2005. Jim, on behalf of all of us at Bank of America, thank you for joining us.
For those of you who are new to Ameriprise, it's a large cap financial services firm that operates 3 scaled businesses, wealth management, which is about half the profits, Asset Management, its second largest business, and Asset and Wealth Management is something about 80% of the business today. And then the insurance business, which it has been limiting intentionally growth.
Ameriprise Financial Inc at Bank of America US Financials Conference Transcript
Jan 22, 2024
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