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Ameriprise Financial, Inc. is an American diversified financial services company and bank holding company based in Minneapolis, Minnesota. [1] It provides financial planning products and services, including wealth management , asset management , insurance , annuities , and estate planning .
Under Cracchiolo's leadership, Ameriprise completed its $1.2 billion acquisition of Columbia Management's long-term asset management business from Bank of America Corporation in May 2010. [5] This deal is expected to improve the profit margins of Ameriprise's asset management business by 25 percent within two years and make Ameriprise the ...
Columbia Management Group and Threadneedle Asset Management were subsidiaries of Ameriprise Financial which were acquired in 2010 and 2003 respectively. Columbia Management was the asset management business of Bank of America. [1] [2] [3] [4]
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After several years dealing with various health issues and declining physical ability, particularly being diagnosed with melanoma that metastasized to his brain and liver, [3] the Carter Center announced on February 18, 2023, that Carter was staying at home to "receive hospice care instead of additional medical intervention". [4]