Walter S. Berman
Net Worth
Last updated:
What is Walter S. Berman net worth?
The estimated net worth of Mr. Walter S. Berman is at least $156,572,962 as of 7 Feb 2024. He owns shares worth $3,244,172 as insider, has earned $101,578,790 from insider trading and has received compensation worth at least $51,750,000 in Ameriprise Financial, Inc..
What is the salary of Walter S. Berman?
Mr. Walter S. Berman salary is $3,450,000 per year as Executive Vice President, Chief Financial Officer & Chief Risk Officer in Ameriprise Financial, Inc..
How old is Walter S. Berman?
Mr. Walter S. Berman is 82 years old, born in 1943.
What stocks does Walter S. Berman currently own?
As insider, Mr. Walter S. Berman owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Ameriprise Financial, Inc. (AMP) | Executive Vice President, Chief Financial Officer & Chief Risk Officer | 6,409 | $506.19 | $3,244,172 |
What does Ameriprise Financial, Inc. do?
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.
Walter S. Berman insider trading
Ameriprise Financial, Inc.
Mr. Walter S. Berman has made 39 insider trades between 2010-2024, according to the Form 4 filled with the SEC. Most recently he sold 2,088 units of AMP stock worth $808,568 on 7 Feb 2024.
The largest trade he's ever made was exercising 150,000 units of AMP stock on 10 Feb 2012. As of 7 Feb 2024 he still owns at least 6,409 units of AMP stock.
Ameriprise Financial key executives
Ameriprise Financial, Inc. executives and other stock owners filed with the SEC:
- Mr. Colin Moore AIIMR (67) Executive Vice President & Global Chief Investment Officer
- Mr. James M. Cracchiolo (66) Chairman & Chief Executive Officer
- Mr. Joseph Edward Sweeney (64) Pres of Advice & Wealth Management - Products and Service Delivery
- Mr. Walter S. Berman (82) Executive Vice President, Chief Financial Officer & Chief Risk Officer
- Mr. William Frederick Truscott (65) Chief Executive Officer of Global Asset Management