Riversource Life Insurance Company

RiverSource Life Insurance Company is a US-based investment management and life insurance firm. It is a subsidiary of Ameriprise Financial, Inc. The company is made up of RiverSource Investments, RiverSource Annuities, and RiverSource Insurance and is based in Minneapolis. RiverSource Funds include more than 60 retail mutual funds and more than 20 variable portfolio mutual funds sold in variable annuity and variable insurance products offered by RiverSource Annuities and RiverSource Insurance. The company was established in 1894 as Investors Syndicate in Minneapolis, Minnesota. It changed its name to Investors Diversified Services, Inc. (IDS) in 1950. In 1984, American Express bought IDS and integrated it into its own financial services division. In 2005, American Express spun off American Express Financial Advisors and it became an independent company named Ameriprise Financial. The new company created the RiverSource brand name for certain products and product lines. RiverSource Insurance offers fixed and variable life insurance and disability insurance for individual investors. RiverSource Annuities offers variable and fixed annuities for individual investors.

Company Details
Founded 1894
Phone 612-671-3131
Address 227 Ameriprise Financial Center
Minneapolis, MN 55474
Insurance Types Annuity, Health, Life
A.M. Best
BBB Rating