Ameriprise Financial Inc.

• Ameriprise Sued by Employees Over 401(k) Losses

  By John Sullivan, AdvisorOne  |  September 30, 2011

  In further controversy over the use of proprietary products, members of Ameriprise Financial Inc.'s 401(k) plan filed a proposed class action in Minnesota on Wednesday claiming they lost $20 million in investments.

• Columbia Management Closes Purchase of Grail Advisors

  By Marlene Y. Satter, AdvisorOne  |  May 23, 2011

  At a special shareholder meeting on Friday, after shareholders had voted to approve a change in investment managers for all the ETFs formerly managed by Grail Advisors, ColumbiaManagement Investment Advisors, closed its acquisition of Grail effective at the close of business that day.

• Allstate second insurer to turn down bailout

  By Staff Writer  |  May 19, 2009

  Allstate Corp. has become the second insurer to turn down a Treasury bailout. The company refused funding based on its reported strong capital and liquidity...

• Mutual-fund fees cases could signal industry change

  By Staff Writer  |  April 17, 2009

  A federal court decision last week concerning mutual-fund fees could raise the stakes for investors and fund companies over standards of fairness. The Wall...

• B/D Briefings News & Products

  By James J. Green, AdvisorOne  |  December 1, 2008

  Ameriprise Financial, Inc. announced that it has completed its all-cash acquisition of H&R Block Financial Advisors from H&R Block. The more than 950 H&R Block...

• Ameriprise Financial to Acquire Seligman

  By Robert F. Keane  |  July 22, 2008

  A definitive agreement has been reached between Ameriprise Financial, Inc. and J. & W. Seligman & Co., Inc. under which the Minneapolis-based financial services firm...

• The 72(t) Solution

  By Janet Aschkenasy  |  December 1, 2006

  Imagine you could turn all of your Baby Boomer clients on to a somewhat arcane section of the IRS Code that allowed them to withdraw...