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Private company

RIVERSOURCE LIFE INSURANCE CO

RIVERSOURCE LIFE INSURANCE CO is a stock life insurance company.2 It is headquartered in Minneapolis, United States.2

Last updated Oct 21, 2026.

Overview

  • IndustryLife Insurance2
  • HeadquartersMinneapolis, United States2
  • Incorporated inMN3
  • Business address1099 Ameriprise Financial Center, Minneapolis, Mn 554743
  • Legal formInsurance Corporations2
  • LEIV1RQ95P2P17WRC4TRU372
  • StatusActive2
  • LEI statusIssued and current2
  • Registered address227 Ameriprise Financial Center, 55474 Minneapolis, United States2
  • Registered withFederal Financial Institutions Examination Council, 26967152

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RiverSource Life Insurance Company is a stock life insurance company with one wholly owned stock life insurance company subsidiary, RiverSource Life Insurance Co. of New York (“RiverSource Life of NY”). RiverSource Life Insurance Company is a wholly owned subsidiary of Ameriprise Financial, Inc. (“Ameriprise Financial”, collectively with its subsidiaries and affiliates, “we”, “us” and “our”).4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

146.3%Net margin5
4.9%Revenue growth, 20245
68.7%Return on equity5

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Income tax11¢$103.0M
  • Profit89¢$818.0M

Out of $559.0M in revenue.5

Where each dollar of operating cash went, fiscal 2024

  • Dividends paid16¢$600.0M
  • Kept or used elsewhere84¢$3.1B

Out of $3.7B of cash from operations.5

Financial statements

Revenue65$559.0M in 2024−17% since 2021
0$200.0M$400.0M$600.0M$800.0M2021: $673.0M$673.0M20212022: $576.0M$576.0M2022−14%2023: $533.0M$533.0M2023−7%2024: $559.0M$559.0M2024+5%
Net income65$818.0M in 2024−52% since 2021
0$500.0M$1.0B$1.5B$2.0B2021: $1.7B$1.7B20212022: $1.3B$1.3B2022−24%2023: $394.0M$394.0M2023−70%2024: $818.0M$818.0M2024+108%
Fiscal year2021202220232024
Revenue$673.0M6$576.0M5$533.0M5$559.0M5
Income before tax$2.0B6$1.5B5$384.0M5$921.0M5
Income tax$316.0M6$209.0M5-$10.0M5$103.0M5
Net income$1.7B6$1.3B5$394.0M5$818.0M5

Compare RIVERSOURCE LIFE INSURANCE CO with another company

Corporate structure

RIVERSOURCE LIFE INSURANCE CO is part of a group headed by Ameriprise Financial. 653 entities, 8 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Ameriprise Financial Minneapolis, Minnesota, United States
    • AMERIPRISE CERTIFICATE CO Wilmington, Delaware, United States
    • RIVERSOURCE LIFE INSURANCE CO Minneapolis, Minnesota, United States
      • COLUMBIA CENT CLO ADVISERS, LLC Subsidiary · Wilmington, Delaware, United States
      • RiverSource Life Insurance Co. of New York Subsidiary · Minneapolis, Minnesota, United States
    • Pennon Group Stake · 8.85% · Exeter, United Kingdom
      • Bristol Water Bristol, United Kingdom
      • South West Water Exeter, United Kingdom
      • Viridor Subsidiary · Taunton, United Kingdom
        • VIRIDOR SOUTH LONDON LIMITED Subsidiary · Taunton, United Kingdom
        • VIRIDOR WASTE MANAGEMENT LIMITED Subsidiary · Taunton, United Kingdom
      • PENNON PENSION TRUSTEES LIMITED Subsidiary · Exeter, United Kingdom
      • SOUTH WEST WATER FINANCE PLC Subsidiary · Exeter, United Kingdom
      • VIRIDOR ENVIROSCOT LIMITED Subsidiary · Exeter, United Kingdom
    • American Enterprise Investment Services Inc. Subsidiary · Minneapolis, Minnesota, United States
    • AMERIPRISE INDIA LLP Subsidiary · Delhi, India
    • Columbia Management Investment Advisers, LLC Subsidiary · St Paul, Minnesota, United States
      • Columbia AAA CLO ETF Fund · St Paul, Minnesota, United States
      • Columbia Core Bond ETF Fund · Boston, Massachusetts, United States
      • Columbia Core Plus Bond ETF Fund · St Paul, Minnesota, United States
      • Columbia Corporate Bond ETF Fund · St Paul, Minnesota, United States
      • COLUMBIA CREDIT INCOME OPPORTUNITIES FUND Fund · St Paul, Minnesota, United States
      • Columbia Emerging Markets Bond Fund Fund · St Paul, Minnesota, United States
      • Columbia ETF Trust I - Columbia Sustainable U.S. Growth ETF Fund · Boston, Massachusetts, United States
      • Columbia Greater China Fund Fund · St Paul, Minnesota, United States
      • Columbia Hamilton Lane Growth Innovation Fund Fund · St Paul, Minnesota, United States
      • Columbia High Dividend Premium Income ETF Fund · St Paul, Minnesota, United States
      • Columbia Intermediate Duration Municipal Bond Fund Fund · St. Paul, Minnesota, United States
      • Columbia Large Cap Enhanced Core Fund Fund · St Paul, Minnesota, United States
      • Columbia Large Cap Growth ETF Fund · St. Paul, Minnesota, United States
      • Columbia Oregon Intermediate Municipal Bond Fund Fund · St Paul, Minnesota, United States
      • Columbia Real Estate Equity Fund Fund · St Paul, Minnesota, United States
      • Columbia Research Enhanced Core Deep Buffer ETF Fund · St Paul, Minnesota, United States
      • Columbia Research Enhanced Core Moderate Buffer ETF Fund · St Paul, Minnesota, United States
      • Columbia Research Enhanced Core Premium Income ETF Fund · St Paul, Minnesota, United States
      • Columbia Research Enhanced International Equity ETF Fund · St Paul, Minnesota, United States
      • Columbia Research Enhanced Mid Cap ETF Fund · St. Paul, Minnesota, United States
      • Columbia Research Enhanced Real Estate ETF Fund · St Paul, Minnesota, United States
      • Columbia Research Enhanced Small Cap ETF Fund · St Paul, Minnesota, United States
      • Columbia Select Large Cap Value Fund Fund · St Paul, Minnesota, United States
      • Columbia Short Duration High Yield ETF Fund · St Paul, Minnesota, United States
      • Columbia Trust Cornerstone Growth Fund Fund · St Paul, Minnesota, United States
      • and 205 more
    • COLUMBIA THREADNEEDLE (EM) INVESTMENTS LIMITED Subsidiary · London, United Kingdom
    • COLUMBIA THREADNEEDLE AM (HOLDINGS) LIMITED Subsidiary · London, United Kingdom
      • F&C ASSET MANAGEMENT PENSION PLAN Subsidiary · London, United Kingdom
    • COLUMBIA THREADNEEDLE ASSET MANAGERS LIMITED Subsidiary · London, United Kingdom
    • COLUMBIA THREADNEEDLE FUND MANAGEMENT LIMITED Subsidiary · London, United Kingdom
      • COLUMBIA THREADNEEDLE (UK) ICVC I Fund · London, United Kingdom
        • CT SELECT UK EQUITY INCOME FUND Fund · London, United Kingdom
        • CT Sustainable Global Equity Income Fund Fund · London, United Kingdom
      • Columbia Threadneedle (UK) ICVC II Fund · London, United Kingdom
        • CT UK SMALLER CAP FUND Fund · London, United Kingdom
      • COLUMBIA THREADNEEDLE (UK) ICVC III Fund · London, United Kingdom
        • CT UNIVERSAL MAP ADVENTUROUS FUND Fund · London, United Kingdom
        • CT UNIVERSAL MAP CAUTIOUS FUND Fund · London, United Kingdom
      • COLUMBIA THREADNEEDLE (UK) ICVC IX Fund · London, United Kingdom
        • CT MANAGED GROWTH FUND Fund · London, United Kingdom
      • COLUMBIA THREADNEEDLE (UK) ICVC VI Fund · London, United Kingdom
        • CT Multi-Manager Universal Adventurous Fund Fund · London, United Kingdom
      • COLUMBIA THREADNEEDLE (UK) ICVC X Fund · London, United Kingdom
      • CT ASIA PACIFIC EQUITY FUND Fund · London, United Kingdom
      • CT DIVERSIFIED MONTHLY INCOME FUND Fund · London, United Kingdom
      • CT FTSE ALL-SHARE TRACKER FUND Fund · London, United Kingdom
      • CT GLOBAL EQUITY-LINKED UK GILT FUND Fund · London, United Kingdom
      • CT GLOBAL EQUITY-LINKED UK INFLATION FUND Fund · London, United Kingdom
      • CT GLOBAL REAL ESTATE SECURITIES FUND Fund · London, United Kingdom
      • CT GLOBAL TOTAL RETURN BOND (GBP HEDGED) FUND Fund · London, United Kingdom
      • CT MM NAVIGATOR BALANCED FUND Fund · London, United Kingdom
      • CT MM NAVIGATOR BOUTIQUES FUND Fund · London, United Kingdom
      • CT MM NAVIGATOR DISTRIBUTION FUND Fund · London, United Kingdom
      • CT MULTI-MANAGER INVESTMENT TRUST FUND Fund · London, United Kingdom
      • CT Multi-Manager Universal Balanced Fund Fund · London, United Kingdom
      • CT Multi-Manager Universal Cautious Fund Fund · London, United Kingdom
      • CT Multi-Manager Universal Defensive Fund Fund · London, United Kingdom
      • CT Multi-Manager Universal Growth Fund Fund · London, United Kingdom
      • CT North American Systematic Equity Fund Fund · London, United Kingdom
      • CT PROPERTY GROWTH & INCOME FUND Fund · London, United Kingdom
      • CT RESPONSIBLE GLOBAL EQUITY FUND Fund · London, United Kingdom
      • CT RESPONSIBLE STERLING CORPORATE BOND FUND Fund · London, United Kingdom
      • and 27 more
    • COLUMBIA THREADNEEDLE GROUP (HOLDINGS) LIMITED Subsidiary · London, United Kingdom
    • COLUMBIA THREADNEEDLE INVESTMENT BUSINESS LIMITED Subsidiary · Edinburgh, United Kingdom
    • COLUMBIA THREADNEEDLE INVESTMENTS (ME) LTD Subsidiary · Dubai, United Arab Emirates
    • COLUMBIA THREADNEEDLE MANAGEMENT LIMITED Subsidiary · London, United Kingdom
      • BMO UCITS ETF ICAV - BMO MSCI EMERGING MARKETS INCOME LEADERS UCITS ETF Fund · London, United Kingdom
      • CT (LUX) RESPONSIBLE EURO CORPORATE BOND Fund · Amsterdam, Netherlands
      • CT (LUX) SDG ENGAGEMENT GLOBAL EQUITY Fund · London, United Kingdom
      • CT Global Systematic Equity Fund Fund · London, United Kingdom
      • CT MULTI-STRATEGY GLOBAL EQUITY FUND Fund · London, United Kingdom
      • CT UK Systematic Equity Fund Fund · London, United Kingdom
    • COLUMBIA THREADNEEDLE MULTI-MANAGER LLP Subsidiary · London, United Kingdom
    • COLUMBIA THREADNEEDLE REAL ESTATE PARTNERS LLP Subsidiary · London, United Kingdom
    • COLUMBIA WANGER ASSET MANAGEMENT, LLC Subsidiary · Wilmington, Delaware, United States
      • Columbia Acorn Fund Fund · Wilmington, Delaware, United States
      • Columbia Acorn International Fund · Wilmington, Delaware, United States
      • Columbia Acorn International Select Fund · Wilmington, Delaware, United States
      • COLUMBIA ACORN TRUST Fund · Wilmington, Delaware, United States
      • Columbia Funds Variable Series Trust Fund · Wilmington, Delaware, United States
        • Columbia Variable Portfolio - Acorn Fund Fund · St Paul, Minnesota, United States
        • Columbia Variable Portfolio - Acorn International Fund Fund · St Paul, Minnesota, United States
      • Columbia Thermostat Fund Fund · Wilmington, Delaware, United States
      • THREADNEEDLE UK PROPERTY EQUITY CLUB PCC Fund · St Helier, Jersey
      • Wanger Select Fund · Wilmington, Delaware, United States
      • WANGER SOCIALLY RESPONSIVE FUND, LLC Fund · Wilmington, Delaware, United States
    • KL PCS PHASE I OWNER, LLC Subsidiary · Houston, Texas, United States
    • KL St Albans Owner, LLC Subsidiary · Houston, Texas, United States
    • KL TOWER V OWNER, LLC Subsidiary · Houston, Texas, United States
    • LHREV WASHINGTON M STREET, LLC Subsidiary · Houston, Texas, United States
    • LORE ATX Rollingwood III, L.P. Subsidiary · Houston, Texas, United States
    • LORE PPA BKSQ3 PARCEL B, LLC Subsidiary · Houston, Texas, United States
    • LORE PPA BKSQ3 PARCEL D, LLC Subsidiary · Houston, Texas, United States
    • LVA4 HOUSTON GREENSTREET, L.P. Subsidiary · Wilmington, Delaware, United States
    • and 19 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What RIVERSOURCE LIFE INSURANCE CO reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$258.0M5 Dec 31, 2024$244.0M5 Dec 31, 2023+5.7%
Property and equipment, net$113.0M5 Dec 31, 2024$117.0M5 Dec 31, 2023−3.4%

Properties, in its own words

RiverSource Life Insurance Company owns and leases office space in Minneapolis, Minnesota. RiverSource Life believes that the various facilities it occupies are suitable and adequate.

Item 2 of the 10-K filed Feb 20, 2025.4

Subsidiaries and ownership

Parent company (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Former names

  • IDS LIFE INSURANCE COMay 13, 1997 to Nov 13, 20063
  • IDS LIFE FLEXIBLE PAYMENT MARKET VALUE ANNUITYApr 3, 1996 to Apr 7, 19973
  • IDS LIFE INSURANCE CO /MNApr 6, 1994 to Mar 29, 19963

Timeline

  1. Mar 13, 2024Parent Directly consolidated by Ameriprise Financial2
  2. Sep 27, 20238-K Other events10
  3. Oct 30, 1957Founded RIVERSOURCE LIFE INSURANCE CO is founded2

Filings

292 filings to the SEC since October 2021: 5 annual reports, 12 quarterly reports, 1 major events, 274 other. The latest 20:

  1. Oct 7, 2026497VPU EDGAR
  2. Oct 7, 2026497 EDGAR
  3. Oct 7, 2026497VPU EDGAR
  4. Oct 7, 2026497VPU EDGAR
  5. Oct 7, 2026497VPI EDGAR
  6. Oct 7, 2026497VPU EDGAR
  7. Oct 7, 2026497 EDGAR
  8. Oct 7, 2026497VPU EDGAR
  9. Oct 7, 2026497VPU EDGAR
  10. Oct 7, 2026497 EDGAR
  11. Oct 7, 2026497 EDGAR
  12. Oct 7, 2026497 EDGAR
  13. Oct 7, 2026497VPU EDGAR
  14. Oct 7, 2026497 EDGAR
  15. Oct 7, 2026497 EDGAR
  16. Oct 7, 2026497VPU EDGAR
  17. Oct 7, 2026497 EDGAR
  18. Aug 14, 2026497VPU EDGAR
  19. Aug 14, 2026497VPI EDGAR
  20. Aug 14, 2026497 EDGAR

The 292 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How RIVERSOURCE LIFE INSURANCE CO is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRIVERSOURCE LIFE INSURANCE CO1
  • CIK0000727892
  • Employer ID (EIN)41-08238324
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inMinnesota4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6311 Life Insurance1
  • Business address1099 Ameriprise Financial Center, Minneapolis, MN 554741
  • Phone61267131311
  • Shares outstanding100,000 as of Aug 5, 20258
  • Public float$0 as of Dec 31, 20245
  • AuditorPricewaterhouseCoopers LLP, Minneapolis, Minnesota PCAOB ID 238; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceApr 6, 19941
  • Filings679 in all: 13F-NT (94), 10-Q (93), 497VPU (90), POS AM (68), EFFECT (46), 10-K (31), 424B3 (31), 485BPOS (31)1
    All 38 form types

    497J (29), 497 (25), S-3 (18), 8-K (17), S-3/A (16), 497VPI (14), N-4 (11), CORRESP (9), POS AMI (9), AW (5), 485APOS (4), 485BXT (4), 40-6C/A (3), 40-APP/A (3), 8-K/A (3), N-PX (3), S-1 (3), S-1/A (3), 10-K/A (2), 40-6C (2), 40-APP (2), UPLOAD (2), 10-Q/A (1), 24F-2NT (1), 3 (1), 40-OIP (1), APP WD (1), DEL AM (1), RW (1), S-2 (1)

  • Latest filingsAnnual report (10-K) Feb 20, 2025
    Quarterly report (10-Q) Aug 5, 2025
    Latest 8-K (8-K) Sep 27, 2023

Securities registered for trading

ClassSymbolExchange
Common Stock (par value $30 per share)

From the cover page of the 10-K filed Feb 20, 2025 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks RIVERSOURCE LIFE INSURANCE CO names in Item 1A of its 10-K filed Feb 20, 2025: 26 risks under these headings, as written.4

  • Market Risks
  • RiverSource Life’s financial condition and results of operations may be adversely affected by market fluctuations and by economic, political and other factors.
  • Changes in interest rates may affect RiverSource Life’s financial condition and results of operations.
  • Adverse capital and credit market conditions or a downgrade in RiverSource Life’s credit ratings may significantly affect its ability to meet liquidity needs, access to capital and cost of capital.
  • Business Risks
  • Intense competition and the economies of scale for larger competitors could negatively impact RiverSource Life’s ability to maintain or increase its market share and profitability.
  • RiverSource Life and its affiliates face intense competition in attracting and retaining key talent.
  • The negative performance or default by other financial institutions or other third parties could adversely affect RiverSource Life.
  • Poor investment performance in RiverSource Life’s variable products could adversely affect its financial condition and results of operations.
  • AFS may be unable to attract and retain financial advisors.
  • RiverSource Life’s valuation of fixed maturity and equity securities may include methodologies, estimations and assumptions which are subject to differing interpretations and could result in changes to investment valuations that may materially adversely impact its financial condition or results of operations.
  • The determination of the amount of allowances taken on certain investments is subject to management’s evaluation and judgment and could materially impact RiverSource Life’s financial position or results of operations.
The other 16 risks
  • Some of RiverSource Life’s investments are relatively illiquid, and RiverSource Life may have difficulty selling these investments.
  • Insurance Risks
  • If the counterparties to RiverSource Life’s reinsurance arrangements default or otherwise fail to fulfill their obligations, RiverSource Life may be exposed to risks it had sought to mitigate, which could adversely affect its financial condition and results of operations.
  • The failure of other insurers could require RiverSource Life to pay higher assessments to state insurance guaranty funds.
  • If RiverSource Life’s reserves for future policy benefits and claims are inadequate, it may be required to increase its reserve liabilities, which would adversely affect its financial condition and results of operations.
  • RiverSource Life’s profitability relies on its assumptions including those regarding morbidity rates, mortality rates and benefit utilization, as well as the future persistency of insurance policies and annuity contracts.
  • Operations Risks
  • Damage to the reputation of RiverSource Life or its affiliates could adversely affect the business of RiverSource Life.
  • The direct and indirect effects of climate change could adversely affect RiverSource Life’s business and operations, both directly and as a result of impacts on RiverSource Life’s clients, counterparties and entities whose securities it holds.
  • RiverSource Life’s operational systems and networks (as well as those of its affiliates’ franchisee advisors and third parties) are subject to evolving cybersecurity or other technological risks, which could result in the disclosure of confidential information, loss of proprietary information, damage to its reputation, additional costs, regulatory penalties and other adverse impacts.
  • Protection from system interruptions and operating errors is important to RiverSource Life’s business. If RiverSource Life experienced a sustained interruption to its telecommunications or data processing systems or other failure in operational execution, it could harm its business.
  • RiverSource Life’s risk management policies and procedures may not be fully effective in identifying or mitigating its risk exposure in all market environments, products or against all types of risk, including employee and financial advisor misconduct.
  • The occurrence of natural or man-made disasters and catastrophes could adversely affect the financial condition and results of operations of RiverSource Life.
  • Legal, Regulatory and Tax Risks
  • Legal and regulatory actions are inherent in RiverSource Life’s business and could result in financial losses or harm its business.
  • RiverSource Life’s business is heavily regulated, and changes to the laws and regulations may have an adverse effect on RiverSource Life’s operations, reputation and financial condition.
  • Changes in corporate tax laws and regulations and changes in the interpretation of such laws and regulations, as well as adverse determinations regarding the application of such laws and regulations, could adversely affect RiverSource Life’s earnings and could make certain products less attractive to clients.
  • RiverSource Life may not be able to protect its intellectual property and may be subject to infringement claims.
  • Changes in and the adoption of accounting standards could have a material impact on RiverSource Life’s financial statements

Legal proceedings

For a discussion of any material legal proceedings, see Note 21 to the Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K, which are incorporated herein by reference.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
    SEC EDGAROther events