Ameriprise Financial Launches Risk-Managed Portfolio Series to Address Client Investment Goals.Advice-embedded portfolios beneficial to building advisor/client relationship MINNEAPOLIS -- Ameriprise Financial Ameriprise Financial, Inc. (NYSE: AMP) is a company offering financial advice and products. It is the successor to American Express Financial Advisors (AEFA), which was a subsidiary of the American Express Company. , Inc., (NYSE NYSE See: New York Stock Exchange :AMP) today launched a new series of managed account portfolios called Active Portfolios(SM). Offered through its subsidiary, Ameriprise Financial Services, Inc., Active Portfolios are portfolios of mutual funds managed on a discretionary basis by professional money managers. Active Portfolios offer such features as institutional-quality asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. strategies and dynamic reallocation Noun 1. reallocation - a share that has been allocated again allocation, allotment - a share set aside for a specific purpose 2. reallocation of portfolio holdings for an annual asset-based fee. These elements help Active Portfolios address clients' accumulation and income investment goals while seeking to manage risk and limit portfolio volatility. Active Portfolios provide Ameriprise financial advisors with a turnkey investment solution that allows them to spend more time working with clients on their unique Dream > Plan > Track(SM) approach to financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against . The two portfolio series now available are the Active Accumulation Portfolios(SM) and the Active Income Portfolios(SM). The portfolios are actively managed and monitored through a disciplined, quantitative investment process that seeks to provide risk-managed growth in the Active Accumulation Portfolios and inflation-adjusted income in the Active Income Portfolios. Once selected portfolio holdings are reallocated on a monthly basis in an effort to take advantage of market changes. "We built Active Portfolios to provide another solution to help clients meet their long-term goals Long-term goals Financial goals expected to be accomplished in five years or longer. ," said Joe Sweeney, president, financial planning, products, services, Ameriprise Financial. "Clients have the opportunity to leverage a product that has been developed to use sophisticated computer modeling that is driven by performance and quantitative analysis Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: and not emotion for investment decisions." Active Portfolios are offered through the Ameriprise(SM) Premier Portfolio Services investment advisory program and the first two series will be managed by RiverSource Investments, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Additional series of portfolios will be added in 2008. Ameriprise Financial Services The Personal Advisors of Ameriprise Financial Services, Inc., provide tailored financial solutions to clients through a long-term, collaborative relationship and comprehensive approach to financial planning. Our approach includes retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. , wealth accumulation, wealth preservation, tax management, protection needs and financial position including cash flow to help clients reach stated goals. Ameriprise Financial, Inc., is a leading financial planning and services company with more than 10,000 financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. The company's financial advisors deliver tailored solutions to clients through a comprehensive and personalized financial planning approach built on a long-term relationship with a knowledgeable advisor. The company specializes in meeting the retirement-related financial needs of the mass affluent Mass affluent and emerging affluent are marketing terms used to refer to the growing high end of the mass market. It is most commonly used by the financial services industry to refer to individuals with US$100,000 to US$1,000,000 of liquid financial assets,[1] . Financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal and investments are available through Ameriprise Financial Services, Inc. Member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . For more information, visit www.ameriprise.com. RiverSource Investments RiverSource Investments develops and manages asset growth, preservation and income solutions that revolve around the needs of today's investors. The firm's specialized investment platform provides access to investment and research professionals located in strategic investment centers in the U.S. and overseas. As a leading source of investment insight and innovation, RiverSource Investments delivers a full range of solutions across the risk return spectrum to retail investors and their advisors and to institutional investors including corporations, pension funds, governments, foundations and endowments. For more information, visit riversource.com/investments. [c] 2007 Ameriprise Financial, Inc. All rights reserved. Ameriprise Financial Services, Inc., Member NASD, offers registered investments and financial planning services. Investment products, including shares of mutual funds, are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value. RiverSource(SM) mutual funds are distributed by RiverSource Distributors, Inc. and Ameriprise Financial Services, Inc., Members NASD, and managed by RiverSource Investments, LLC. Financial advisory services and investments, including Active Portfolios, are offered through Ameriprise Financial Services, Inc., Member NASD & SIPC. RiverSource Investments, LLC is an SEC-registered investment adviser that offers investment products and services under the names RiverSource Institutional Advisors, RiverSource Alternative Investments, RiverSource Capital Management and RiverSource Insurance Assets. These companies are all part of Ameriprise Financial, Inc. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion