A financial services company has given a stake in its performance to 641 employees at 3 newly acquired businesses.
Ameriprise Financial Inc., Minneapolis, says it has awarded a combination of restricted stock, restricted stock units and non-qualified stock options to workers at Ameriprise or Ameriprise subsidiaries who came aboard as employees of Brecek and Young Advisors Inc., Folsom, Calif.; the H&R Block Financial Advisors unit of H&R Block Inc., Kansas City, Mo.; or J. & W. Seligman & Company Inc., New York.
Ameriprise completed the deals in the fourth quarter of 2008, the company says.
The grant date for the awards was Jan. 2.