Walter Stanley  Berman net worth and biography

Walter Berman Biography and Net Worth

Walter Berman is executive vice president and chief financial officer of Ameriprise Financial. He is responsible for generating measurable improvements to our firm's shareholder value through initiatives that mitigate operational and strategic risk, free up capital, maximize the balance sheet and effectively manage the firm's tax rate. He provides the financial community with a thorough understanding of our business and helps ensure the integrity of our data and reporting.

Berman joined American Express, the former parent company of Ameriprise Financial, in 1965 and served until 1996 in various positions, including Senior Vice President and Treasurer of American Express Travel Related Services (TRS), Chief Financial Officer of American Express International, Chief Financial Officer of TRS and American Express treasurer.

He left the company in 1996 and held senior financial positions at other major companies, including Treasurer of IBM. He returned to the company in 2001.

He serves on the Threadneedle Investments Board of Directors and is a member of the CFO Roundtable.

Berman earned a degree in accounting from Brooklyn College.

What is Walter Stanley Berman's net worth?

The estimated net worth of Walter Stanley Berman is at least $2.63 million as of February 7th, 2024. Mr. Berman owns 6,409 shares of Ameriprise Financial stock worth more than $2,633,394 as of July 21st. This net worth evaluation does not reflect any other investments that Mr. Berman may own. Additionally, Mr. Berman receives a salary of $4,090,000.00 as CFO at Ameriprise Financial. Learn More about Walter Stanley Berman's net worth.

How old is Walter Stanley Berman?

Mr. Berman is currently 81 years old. There are 8 older executives and no younger executives at Ameriprise Financial. Learn More on Walter Stanley Berman's age.

What is Walter Stanley Berman's salary?

As the CFO of Ameriprise Financial, Inc., Mr. Berman earns $4,090,000.00 per year. The highest earning executive at Ameriprise Financial is Mr. James M. Cracchiolo, Chairman & CEO, who commands a salary of $10,440,000.00 per year. Learn More on Walter Stanley Berman's salary.

How do I contact Walter Stanley Berman?

The corporate mailing address for Mr. Berman and other Ameriprise Financial executives is 1099 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN, 55474. Ameriprise Financial can also be reached via phone at (612) 671-3131 and via email at [email protected]. Learn More on Walter Stanley Berman's contact information.

Has Walter Stanley Berman been buying or selling shares of Ameriprise Financial?

Walter Stanley Berman has not been actively trading shares of Ameriprise Financial during the last quarter. Most recently, Walter Stanley Berman sold 13,346 shares of the business's stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $387.81, for a transaction totalling $5,175,712.26. Following the completion of the sale, the chief financial officer now directly owns 6,409 shares of the company's stock, valued at $2,485,474.29. Learn More on Walter Stanley Berman's trading history.

Who are Ameriprise Financial's active insiders?

Ameriprise Financial's insider roster includes Gumer Alvero (Insider), Walter Berman (CFO), Dawn Brockman (Insider), James Cracchiolo (CEO), John Hutt (Insider), Heather Melloh (EVP), Colin Moore (EVP), Robert Sharpe, Jr. (Director), Gerard Smyth (EVP), Joseph Sweeney (Insider), Karen Thissen (VP), William Truscott (CEO), and John Woerner (Insider). Learn More on Ameriprise Financial's active insiders.

Are insiders buying or selling shares of Ameriprise Financial?

In the last twelve months, insiders at the financial services provider sold shares 20 times. They sold a total of 129,676 shares worth more than $50,222,827.46. The most recent insider tranaction occured on May, 16th when Director Robert Francis Sharpe Jr sold 1,500 shares worth more than $657,105.00. Insiders at Ameriprise Financial own 0.7% of the company. Learn More about insider trades at Ameriprise Financial.

Information on this page was last updated on 5/16/2024.

Walter Stanley Berman Insider Trading History at Ameriprise Financial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/7/2024Sell13,346$387.81$5,175,712.266,409View SEC Filing Icon  
12/13/2023Sell6,409$370.81$2,376,521.298,048View SEC Filing Icon  
8/4/2023Sell13,042$351.55$4,584,915.108,048View SEC Filing Icon  
11/15/2022Sell11,983$327.81$3,928,147.2310,751View SEC Filing Icon  
3/28/2022Sell8,711$312.01$2,717,919.11View SEC Filing Icon  
2/9/2022Sell7,000$319.37$2,235,590.00View SEC Filing Icon  
2/7/2022Sell5,000$311.00$1,555,000.00View SEC Filing Icon  
10/28/2021Sell15,986$302.37$4,833,686.82View SEC Filing Icon  
2/9/2021Sell19,000$212.09$4,029,710.00
11/30/2020Sell6,633$186.69$1,238,314.7757,760View SEC Filing Icon  
2/18/2020Sell52,160$177.43$9,254,748.8069,433View SEC Filing Icon  
5/2/2018Buy3,728$134.12$499,999.3625,076View SEC Filing Icon  
2/26/2016Sell18,000$85.84$1,545,120.0023,938View SEC Filing Icon  
6/11/2015Sell13,003$129.97$1,689,999.91View SEC Filing Icon  
2/13/2015Sell25,000$137.68$3,442,000.00View SEC Filing Icon  
2/11/2014Sell15,000$106.43$1,596,450.0027,796View SEC Filing Icon  
9/12/2013Sell29,925$90.69$2,713,898.2550,447View SEC Filing Icon  
5/10/2013Sell17,000$77.27$1,313,590.00View SEC Filing Icon  
5/7/2013Sell17,472$76.99$1,345,169.28View SEC Filing Icon  
See Full Table

Walter Stanley Berman Buying and Selling Activity at Ameriprise Financial

This chart shows Walter Stanley Berman's buying and selling at Ameriprise Financial by year and by quarter.

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Ameriprise Financial Company Overview

Ameriprise Financial logo
Ameriprise Financial, Inc., together with 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, advice, and products to retail, high net worth, and institutional clients through third-party financial institutions, advisor networks, direct retail, and its institutional sales force under the Columbia Threadneedle Investments brand name. This segment products 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, as well as life and disability income 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.
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Today's Range

Now: $410.89
Low: $410.83
High: $419.24

50 Day Range

MA: $432.55
Low: $410.89
High: $446.18

2 Week Range

Now: $410.89
Low: $306.63
High: $449.94

Volume

616,592 shs

Average Volume

509,397 shs

Market Capitalization

$40.81 billion

P/E Ratio

13.99

Dividend Yield

1.44%

Beta

1.37