Minneapolis, Minnesota Investment Advice Firm Ameriprise Financial's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Robust 10.5% Per Year During the Past Ten Years

I think that Pete Buttigieg was the clear winner in the recent 2020 Democratic Presidential Primary Debate held recently in Los Angeles.  Mayor Pete very successfully warded off a vicious barrage of strange attacks from several parties.  I think Amy Klobuchar was the clear loser in this debate, attacking Pete irrationally as if she were acting in desperation.  Her nastiness here is consistent with the rumor that she does not treat her own staff well.

I have researched and made posts related to Top-Tier Executive Total Compensation in most of the largest companies headquartered in the four earliest 2020 Democratic Primary States ..... Iowa, New Hampshire, Nevada and South Carolina.

Then, of the 14 Super Tuesday US States holding their 2020 Democratic Presidential Primaries on March 3, 2020, I made like posts related to most of the largest Texas Companies, most of the largest Southern California companies, most of the largest technology companies headquartered in Northern California and most of the largest North Carolina Companies.

My research has shown that Elizabeth Warren, Bernie Sanders and Tom Steyer are all spot on when they assert that US Corporate Financial Corruption is rampant.  But the problem is that none of the three have any clue on precisely the cause or how to effectively fix this huge problem which is also the primary cause of the huge, continuing US income inequality expansion which has been occurring for decades.

But even worse, even though he is a very nice man, Joe Biden is so naive that he isn't even aware of the extent of this continuing huge US income inequality expansion or precisely its cause which has been occurring under his nose for the past forty plus years, nor is he aware of, or else has decided to ignore, just how huge the largest US tax shelters are which are located right under his nose in his home State of Delaware, mostly in one Wilmington building.

On the very negative side, voting for many years for the Annual Income Tax Loophole Extenders which dramatically increased US income inequality expansion each year were Amy Klobuchar and Joe Biden.  On the very positive side, voting for many years against these same Annual Income Tax Loophole Extenders were Elizabeth Warren and Bernie Sanders.

So now I will be addressing Top-Tier Executive Compensation for five to ten years in some of the largest companies in the State of Minnesota, one of the 14 Super Tuesday 2020 Democratic Presidential Primary US States.  

I will be doing this research mostly by stock market capitalization and thus the 12th Minnesota Company that I am addressing here is Investment Advice Firm Ameriprise Financial.

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows Ameriprise Financial's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past ten years.  

Ameriprise Financial's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a robust 10.5% per year during the past ten years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Ameriprise Financial	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Cracchiolo Chairman and CEO	25,743	23,900		23,900	16,610		16,610	20,671		20,671	24,455		24,455	19,752
Berman CFO	10,073	8,169		8,169	6,118		6,118	7,266		7,266	8,202		8,202	7,009
Truscott	7,515	6,657		6,657	4,882		4,882	6,393		6,393	7,927		7,927	6,651
Moore EVP	6,532	5,885		5,885	4,708		4,708	5,987		5,987	6,839		6,839	5,644
Sweeney	4,776	4,037		4,037	2,923		2,923	3,434
Froude													5,028	4,430
Totals	54,639	48,648		48,648	35,241		35,241	43,751		40,317	47,423		52,451	43,486
Annual % Change vs Prior Year	12.3%			38.0%			-19.5%			-15.0%			20.6%
5 Year Average Per Year % Change		7.3%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Ameriprise Financial	2013	2012		2012	2011		2011	2010		2010	2009		2009	2008
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Cracchiolo Chairman and CEO	19,752	17,828		17,828	18,850		18,850	17,729		17,729	18,784		18,784	12,726
Berman CFO	7,009	6,041		6,041	6,329		6,329	5,807		5,807	5,646		5,646	2,782
Truscott	6,651	6,171		6,171	6,676		6,676	6,246		6,246	6,308		6,308	3,914
Moore EVP	N/A	N/A
Froude	4,430	3,917		3,917	4,169		4,169	4,117		4,117	3,172
Salow EVP							4,290	4,150		4,150	4,699		4,699	3,029
Totals	37,842	33,957		33,957	36,024		40,314	38,049		38,049	38,609		35,437	22,451
Annual % Change vs Prior Year	11.4%			-5.7%			6.0%			-1.5%			57.8%
5 Year Average Per Year % Change		13.6%
10 Year Average Per Year % Change		10.5%