RiverSource

Changing market conditions can test even the most confident

RiverSource’s insurance and annuity products support retirement savings and financial confidence.

RiverSource helps clients save for retirement through insurance and annuity solutions.

RiverSource offers life and disability income insurance for additional financial security.

RiverSource emphasizes its values-driven culture and employee experience to attract and retain talent.

RiverSource outlines benefits for joining its team.

RiverSource describes its leadership team.

RiverSource has helped clients achieve financial goals for over 115 years.

RiverSource highlights its long history of success.

RiverSource provides ratings and rankings for its products and services.

RiverSource offers contact details for its annuities and insurance.

Introduction to RiverSource Annuities and Insurance

How Ameriprise Financial collects, uses and safeguards information on the Web site, including identity theft and phishing information.

These are the principal entities and service groups that conduct the financial planning, asset accumulation and income, and protection business of Ameriprise Financial, Inc.

These are the rules and regulations that must be followed by all visitors to the Ameriprise Financial website.

AM Best reaffirms RiverSource Life Insurance Company’s financial strength rating at **A+** and its long-term issuer credit rating at **aa-**. The ratings also extend to RiverSource Life Insurance of New York, a wholly owned subsidiary. The decision reflects AM Best’s ongoing assessment of RiverSource’s financial stability and creditworthiness.

Nov 2023Captive InternationalNews article

Ameriprise’s RiverSource Distributors agrees to a **$5 million settlement** with the SEC for replacing variable annuities between **January 2017 and May 2018** to generate extra selling commissions. The SEC alleges the practice benefited wholesalers and affiliated wealth managers, marking the first enforcement action of its kind. The case highlights improper revenue-sharing tied to annuity product swaps.

May 2022Financial PlanningNews article

The SEC has charged RiverSource Distributors, an Ameriprise Financial subsidiary, with improperly switching variable annuities to boost commissions for its employees. The practice allegedly led to higher payouts for advisors while replacing existing policies. The case highlights regulatory scrutiny over conflicts of interest in financial product sales.

May 2022ThinkAdvisorNews article

Global Atlantic Financial Group transfers $8 billion in annuity liabilities to Ameriprise Financial through a reinsurance agreement. The deal allows Ameriprise to assume responsibility for a portion of Global Atlantic’s annuity business. Both companies operate in the life insurance and financial services sectors.

Jun 2021Reinsurance NewsNews article