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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 .
Corporate-owned life insurance (COLI), is life insurance on employees' lives that is owned by the employer, with benefits payable either to the employer or directly to the employee's families. Other names for the practice include janitor's insurance and dead peasants insurance .
In most cases, the company is the beneficiary of a corporate-owned life insurance policy. However, in certain arrangements, such as a buy-sell agreement, the employee’s heirs may receive a ...
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 ...
Accounting for certain insurance activities of mutual life insurance enterprises full-text: 1995 January 18 95-2: Financial reporting by nonpublic investment partnerships full-text: 1995 May 19 95-3: Accounting for certain distribution costs of investment companies; amendment to AICPA audit and accounting guide, Audit of investment companies ...
CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Cleveland, Ohio.CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees.
Primerica is the parent company of National Benefit Life Insurance Company, Primerica Life, Peach Re, and Vidalia Re. [8] [11] Primerica acquired e-Telequote in July 2021. [12] [13] The company that would become Primerica was founded in 1981. Primerica had its initial public offering in 2010.
Alight Solutions is an information technology and consulting company based in Chicago, Illinois.The company provides cloud-based digital business and human capital service solutions [clarification needed]; particularly within the areas of wealth and health resources. [1]