# Jim Cracchiolo

> Jim Cracchiolo is chairman and chief executive officer of Ameriprise Financial, Inc. He has led the firm and its predecessor since 2000 and directed its 2005 separation from American Express. His career includes finance, operations and international leadership roles at American Express, alongside a bachelor’s degree and MBA from NYU Stern. His tenure at Ameriprise spans the financial crisis, major asset-management acquisitions and the company’s continuing investment in financial advisors and technology.

- **Role:** Chairman and Chief Executive Officer at Ameriprise Financial, Inc.
- **Organizations:** Ameriprise Financial, Inc., American Express, Shearson Lehman Brothers, Ernst & Whinney, Business Roundtable
- **From:** Brooklyn, United States
- **Nationality:** American
- **Education:** BS, Accounting and Economics, New York University, Leonard N. Stern School of Business, MBA, Finance, New York University, Leonard N. Stern School of Business
- **Known for:** Led the 2005 Ameriprise spin-off, described by the firm as the sixth-largest U.S. spin-off at the time., Guided Ameriprise through the financial crisis without taking TARP capital., Led Ameriprise through the acquisition of Columbia Management’s long-term asset management business in 2010.

## Career timeline

- **1982** — Joined American Express after working in public accounting at Ernst & Whinney.
- **1990–1993** — Executive Vice President and Chief Financial Officer of Shearson Lehman Brothers.
- **1993–1997** — Senior Vice President of Travel Related Services Quality, Global Reengineering and Strategy at American Express.
- **1997–1998** — President of American Express Global Network Services.
- **1998–2000** — President and CEO of American Express Travel Related Services International.
- **2000–2005** — Group President of American Express Global Financial Services; also led American Express Financial Advisors.
- **2005** — Led the separation from American Express; became chairman and CEO of the independent Ameriprise Financial.
- **2010** — Led Ameriprise as it completed the approximately $1 billion purchase of Columbia Management’s long-term asset management business.
- **2015** — Ameriprise’s Columbia and Threadneedle asset managers adopted the Columbia Threadneedle Investments global brand.
- **2025** — Ameriprise celebrated 20 years as an independent public company.

## Achievements

- Led the 2005 Ameriprise spin-off, described by the firm as the sixth-largest U.S. spin-off at the time.
- Guided Ameriprise through the financial crisis without taking TARP capital.
- Led Ameriprise through the acquisition of Columbia Management’s long-term asset management business in 2010.
- Inducted into the Twin Cities Business Business Hall of Fame in 2018.

## Latest updates

- **2026-07** — In second-quarter results released July 23, Ameriprise reported $1.8 trillion in assets under management, administration and advisement and described accelerating AI adoption in advisor workflows.
- **2026-03** — The 2026 proxy statement continued to identify Cracchiolo as chairman and CEO and described the board’s support for the combined roles.
- **2025-10** — Ameriprise marked its 20th anniversary as an independent public company with a NYSE closing-bell event and a $100,000 grant to Feeding America.

## Links

- Website: https://www.ameriprise.com/
- LinkedIn: https://www.linkedin.com/in/jim-cracchiolo-a95770108

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Profile page: https://yespress.io/jim-cracchiolo
Published by YesPress — https://yespress.io
Last updated: 2026-10-21