RiverSource is a leading provider of annuities and life insurance products, operating under the umbrella of Ameriprise Financial, Inc. Here's an overview of the company: ## Overview of RiverSource - History and Expertise: RiverSource has been in operation for over 130 years, offering financial solutions to help clients earn, grow, and protect their wealth. It is recognized as a leader in the annuities and life insurance industry[1]. - Product Offerings: The company specializes in variable annuities and variable universal life insurance, among other products. These solutions are designed to help individuals build retirement portfolios and create income streams[1][4]. - Corporate Structure: RiverSource products are distributed by RiverSource Distributors, Inc., which is a member of FINRA. Insurance and annuity products are issued by RiverSource Life Insurance Company and, in New York, by RiverSource Life Insurance Co. of New York[3][4]. ## Key Features and Services - Financial Strength: RiverSource is known for its financial strength and stability, receiving high ratings from independent rating agencies. This stability is crucial for clients seeking long-term financial security[1][5]. - Customer Support: The company provides a range of servicing forms and resources for clients to manage their annuity contracts, including forms for transfers, payouts, and contract maintenance[2]. - Advisory Services: Clients can work with Ameriprise financial advisors to tailor RiverSource solutions to their financial goals, ensuring personalized support throughout the planning process[5]. ## Relationship with Ameriprise Financial RiverSource is part of Ameriprise Financial, Inc., which offers a broader range of financial services, including brokerage, financial advisory services, and retirement planning. This affiliation allows RiverSource to leverage the resources and expertise of Ameriprise Financial to provide comprehensive financial solutions to its clients[3][4].