Annuity Companies

RiverSource Annuities

RiverSource offers variable, fixed and indexed annuities. It is the 20th largest life insurance company in the U.S. based on total assets (out of more than 850 life insurance companies) and the 10th largest provider of individual disability insurance policies. Riversource was ranked #16 in overall annuity sales and #9 in variable annuities in 2018. The company’s financial strength is rated A+ (A.M. Best), Aa3 (Moody’s) and AA- (Standard & Poor’s). The company traces its roots back to 1894, when Investors Syndicate was created. In 1949, the company was renamed as Investors Diversified Services, or IDS, and became the largest investment firm in the U.S. over the next decade. IDS was acquired by American Express in 1984, and that part of the parent company’s business was renamed Ameriprise and spun off as an independent company in the mid-2000’s. Ameriprise created the Riversource brand.  Company website:

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