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Ameriprise Financial Hosts Inaugural Black Advisor Summit

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Ameriprise Financial (NYSE: AMP) recently held its inaugural Black Advisor Summit in Washington D.C., focusing on enhancing the success of Black financial advisors and promoting diversity within the firm. The summit included talks from company executives and a panel of Black advisors sharing client service strategies. A new financial literacy initiative was launched to support generational wealth in the Black community. The event demonstrated Ameriprise's commitment to diversity through its Black Empowerment Advisor Community Network (BEACN).

Positive
  • Launch of a financial literacy initiative aimed at increasing generational wealth in the Black community.
  • Successful engagement of Black financial advisors at the summit, enhancing their visibility and networking opportunities.
  • Demonstrated commitment to diversity through the establishment of BEACN.
Negative
  • None.

MINNEAPOLIS--(BUSINESS WIRE)-- Ameriprise Financial, Inc. (NYSE: AMP) recently hosted its first annual Black Advisor Summit, bringing together advisors, field leaders and staff to champion the success of Black financial advisors and diversity at the firm. The two-day event was held in August in Washington D.C. in partnership with the firm’s Black Empowerment Advisor Community Network (BEACN).

The summit featured compelling remarks from Ameriprise executives, BEACN leaders, and keynote speakers. In addition, an inspiring and highly successful panel of Black advisors shared their experiences and insights on delivering exceptional service to clients and driving growth in their practices. During the summit, BEACN launched a financial literacy initiative aimed at increasing generational wealth in the Black community and attendees participated in a volunteer activity benefitting Miriam’s Kitchen.

“Building a network of advisors as diverse as the clients we aspire to serve is a priority for us. Our culture of premium support and robust capabilities, in conjunction with impactful offerings like the Black Advisor Summit, position us well to get there,” said Bill Williams, EVP, President Ameriprise Franchise Group.

“BEACN’s vision is to unify advisors, develop talent and expand financial literacy with the purpose of increasing wealth in the Black community,” said Tre Carruthers, Ameriprise Private Wealth Advisor and BEACN President. “The Black Advisor Summit marked a historic moment for Ameriprise and provided a powerful platform to showcase BEACN’s progress toward its vision and strategies.”

Ameriprise’s BEACN educates, empowers, and advocates on behalf of the firm’s advisors, clients and the Black community.

“As a firm, we’re putting commitment into action to recruit, retain, develop and engage diverse professionals at Ameriprise,” said Kelli Hunter Petruzillo, Executive Vice President of Human Resources at Ameriprise Financial. “An important element of this work is creating advisor and employee networks that support various dimensions of diversity. We are incredibly proud of the accomplishments of BEACN and the amazing work our advisors and employees do every day on behalf of clients across the country.”

To learn more about BEACN, visit here. For more information about diversity, equity and inclusion at Ameriprise, visit https://www.ameriprise.com/about/diversity-equity-inclusion.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. For more information, or to find an Ameriprise financial advisor, visit ameriprise.com.

Investment products are not insured by the FDIC, NCUA or any federal agency, 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.

Ameriprise Financial Services, LLC. Member FINRA and SIPC.

© 2022 Ameriprise Financial, Inc. All rights reserved.

Cassandra Osei, Media Relations

212.437.8682

cassandra.osei@ampf.com

Source: Ameriprise Financial, Inc.

FAQ

What was the purpose of the Black Advisor Summit hosted by Ameriprise Financial?

The Black Advisor Summit was aimed at championing the success of Black financial advisors and promoting diversity within Ameriprise.

When and where was the Black Advisor Summit held by Ameriprise Financial?

The summit took place in August in Washington D.C.

What initiative did BEACN launch during the Black Advisor Summit?

BEACN launched a financial literacy initiative to increase generational wealth in the Black community.

How does Ameriprise Financial support diversity among its advisors?

Ameriprise Financial supports diversity through initiatives like the Black Empowerment Advisor Community Network (BEACN) and events like the Black Advisor Summit.

Who were the key speakers at the Black Advisor Summit?

The summit featured remarks from Ameriprise executives, BEACN leaders, and a panel of successful Black advisors.

Ameriprise Financial, Inc.

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