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Financial Services - Asset Management - NYSE - US
$ 562.44
0.16 %
$ 54.6 B
Market Cap
21.49
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one AMP stock under the base case scenario is HIDDEN Compared to the current market price of 562 USD, Ameriprise Financial, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AMP

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FINANCIALS
16.1 B REVENUE
12.79%
0 OPERATING INCOME
0.00%
2.56 B NET INCOME
-0.12%
4.68 B OPERATING CASH FLOW
6.31%
-9.26 B INVESTING CASH FLOW
31.81%
4.41 B FINANCING CASH FLOW
-47.67%
4.08 B REVENUE
-7.43%
0 OPERATING INCOME
0.00%
511 M NET INCOME
-38.36%
2.88 B OPERATING CASH FLOW
81.57%
634 M INVESTING CASH FLOW
286.59%
-816 M FINANCING CASH FLOW
37.47%
Balance Sheet Decomposition Ameriprise Financial, Inc.
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Current Assets 22.7 B
Cash & Short-Term Investments 7.56 B
Receivables 15.1 B
Other Current Assets 0
Non-Current Assets 151 B
Long-Term Investments 59.2 B
PP&E 958 M
Other Non-Current Assets 91.3 B
Current Liabilities 9.26 B
Accounts Payable 2.6 B
Short-Term Debt 1.06 B
Other Current Liabilities 5.6 B
Non-Current Liabilities 161 B
Long-Term Debt 5.25 B
Other Non-Current Liabilities 156 B
EFFICIENCY
Earnings Waterfall Ameriprise Financial, Inc.
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Revenue 16.1 B
Cost Of Revenue 6.67 B
Gross Profit 9.42 B
Operating Expenses 15.5 B
Operating Income 0
Other Expenses -2.56 B
Net Income 2.56 B
RATIOS
58.54% GROSS MARGIN
58.54%
0.00% OPERATING MARGIN
0.00%
15.88% NET MARGIN
15.88%
54.05% ROE
54.05%
1.46% ROA
1.46%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ameriprise Financial, Inc.
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Net Income 2.56 B
Depreciation & Amortization -154 M
Capital Expenditures -184 M
Stock-Based Compensation 187 M
Change in Working Capital 2.01 B
Others 1.8 B
Free Cash Flow 4.5 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ameriprise Financial, Inc.
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Wall Street analysts predict an average 1-year price target for AMP of $464 , with forecasts ranging from a low of $392 to a high of $509 .
AMP Lowest Price Target Wall Street Target
392 USD -30.30%
AMP Average Price Target Wall Street Target
464 USD -17.46%
AMP Highest Price Target Wall Street Target
509 USD -9.50%
4. DIVIDEND ANALYSIS
0.31% DIVIDEND YIELD
1.48 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Ameriprise Financial, Inc.
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Sold
0-3 MONTHS
27.8 M USD 7
3-6 MONTHS
657 K USD 1
6-9 MONTHS
21.2 M USD 5
9-12 MONTHS
23.6 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 days ago
Nov 11, 2024
Sell 3.08 M USD
Berman Walter Stanley
EXECUTIVE VP AND CFO
- 5463
563.7939 USD
6 days ago
Nov 11, 2024
Sell 1.8 M USD
Berman Walter Stanley
EXECUTIVE VP AND CFO
- 3192
564.7787 USD
6 days ago
Nov 11, 2024
Sell 4.87 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 8638
563.4367 USD
1 week ago
Nov 08, 2024
Sell 2.68 M USD
Sweeney Joseph Edward
PRES-AWM PRODUCTS & SERVICES
- 4885
548.7846 USD
1 week ago
Nov 08, 2024
Sell 2.48 M USD
Sweeney Joseph Edward
PRES-AWM PRODUCTS & SERVICES
- 4500
550.136 USD
1 week ago
Nov 08, 2024
Sell 744 K USD
Sweeney Joseph Edward
PRES-AWM PRODUCTS & SERVICES
- 1350
551.4064 USD
1 week ago
Nov 06, 2024
Sell 196 K USD
Brockman Dawn M.
SVP AND CONTROLLER
- 350
560.1195 USD
2 weeks ago
Oct 31, 2024
Sell 1.2 M USD
Alvero Gumer
PRESIDENT-INSURANCE&ANNUITIES
- 2325
516.0483 USD
2 months ago
Aug 30, 2024
Sell 3.85 M USD
Davies William
EXECUTIVE VP, GLOBAL CIO
- 8700
442.07 USD
2 months ago
Aug 28, 2024
Sell 6.88 M USD
TRUSCOTT WILLIAM F
CEO, GLOBAL ASSET MANAGEMENT
- 15584
441.5576 USD
6 months ago
May 16, 2024
Sell 657 K USD
Sharpe Robert Francis JR
Director
- 1500
438.0674 USD
7 months ago
Mar 27, 2024
Sell 722 K USD
Alvero Gumer
PRESIDENT-INSURANCE&ANNUITIES
- 1652
437.0038 USD
7 months ago
Mar 26, 2024
Sell 97.2 K USD
Brockman Dawn M.
SVP AND CONTROLLER
- 224
434.128 USD
8 months ago
Feb 28, 2024
Sell 3.3 M USD
TRUSCOTT WILLIAM F
CEO, GLOBAL ASSET MANAGEMENT
- 8000
412.045 USD
8 months ago
Feb 26, 2024
Sell 921 K USD
Smyth Gerard P.
EVP TECHNOLOGY AND CIO
- 2261
407.1601 USD
8 months ago
Feb 26, 2024
Sell 891 K USD
Smyth Gerard P.
EVP TECHNOLOGY AND CIO
- 2179
408.7106 USD
8 months ago
Feb 22, 2024
Sell 154 K USD
Alvero Gumer
PRESIDENT-INSURANCE&ANNUITIES
- 385
400.981 USD
8 months ago
Feb 22, 2024
Sell 1.59 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 3972
400.7438 USD
8 months ago
Feb 22, 2024
Sell 2.02 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 5028
401.4842 USD
8 months ago
Feb 22, 2024
Sell 1.21 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 3000
402.4572 USD
8 months ago
Feb 23, 2024
Sell 2.04 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 5000
407.1617 USD
8 months ago
Feb 26, 2024
Sell 2.04 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 5000
408.6325 USD
9 months ago
Feb 16, 2024
Sell 114 K USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 286
397.425 USD
9 months ago
Feb 16, 2024
Sell 4 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 10002
399.657 USD
9 months ago
Feb 16, 2024
Sell 400 K USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 1000
400.13 USD
8 months ago
Feb 20, 2024
Sell 1.71 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 4298
397.2189 USD
9 months ago
Feb 12, 2024
Sell 659 K USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 1644
400.8751 USD
9 months ago
Feb 12, 2024
Sell 341 K USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 849
401.5789 USD
9 months ago
Feb 12, 2024
Sell 2.89 M USD
Sweeney Joseph Edward
PRES-AWM PRODUCTS & SERVICES
- 7200
401.8183 USD
9 months ago
Feb 07, 2024
Sell 809 K USD
Berman Walter Stanley
EXECUTIVE VP AND CFO
- 2088
387.2447 USD
9 months ago
Feb 07, 2024
Sell 4.37 M USD
Berman Walter Stanley
EXECUTIVE VP AND CFO
- 11258
387.9106 USD
9 months ago
Feb 06, 2024
Sell 1.55 M USD
Sharpe Robert Francis JR
Director
- 4000
386.5964 USD
9 months ago
Jan 26, 2024
Sell 3.78 M USD
TRUSCOTT WILLIAM F
CEO, GLOBAL ASSET MANAGEMENT
- 9689
390.219 USD
9 months ago
Jan 29, 2024
Sell 2 M USD
Sweeney Joseph Edward
PRES-AWM PRODUCTS & SERVICES
- 5146
389.4659 USD
1 year ago
Jun 29, 2023
Sell 152 K USD
Alvero Gumer
PRESIDENT-INSURANCE&ANNUITIES
- 460
329.9359 USD
11 months ago
Dec 14, 2023
Sell 1.13 M USD
Sweeney Joseph Edward
PRES-AWM PRODUCTS & SERVICES
- 3000
378.2305 USD
11 months ago
Dec 13, 2023
Sell 2.38 M USD
Berman Walter Stanley
EXECUTIVE VP AND CFO
- 6409
370.8148 USD
11 months ago
Dec 11, 2023
Sell 550 K USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 1506
365.1537 USD
11 months ago
Dec 11, 2023
Sell 3.09 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 8442
365.9873 USD
1 year ago
Aug 04, 2023
Sell 2.36 M USD
Berman Walter Stanley
EXECUTIVE VP AND CFO
- 6730
350.9501 USD
1 year ago
Aug 04, 2023
Sell 2.22 M USD
Berman Walter Stanley
EXECUTIVE VP AND CFO
- 6312
352.1902 USD
1 year ago
Aug 03, 2023
Sell 3.4 M USD
CRACCHIOLO JAMES M
CHAIRMAN AND CEO
- 9616
354.0044 USD
1 year ago
Aug 01, 2023
Sell 843 K USD
Smyth Gerard P.
EVP TECHNOLOGY AND CIO
- 2418
348.7426 USD
1 year ago
Feb 15, 2023
Sell 3.52 M USD
Berman Walter Stanley
- 10000
352.0683 USD
1 year ago
Feb 14, 2023
Sell 2.24 M USD
Sweeney Joseph Edward
- 6390
350.35 USD
1 year ago
Feb 13, 2023
Sell 4.08 M USD
TRUSCOTT WILLIAM F
- 11480
355.3342 USD
1 year ago
Feb 09, 2023
Sell 271 K USD
MELLOH HEATHER J.
- 769
352.8706 USD
1 year ago
Feb 07, 2023
Sell 2.36 M USD
CRACCHIOLO JAMES M
- 6743
350.5364 USD
1 year ago
Feb 07, 2023
Sell 5.49 M USD
CRACCHIOLO JAMES M
- 15600
351.9506 USD
1 year ago
Feb 07, 2023
Sell 6 M USD
CRACCHIOLO JAMES M
- 17000
352.8009 USD
1 year ago
Jan 27, 2023
Sell 3.99 M USD
TRUSCOTT WILLIAM F
- 11483
347.6868 USD
1 year ago
Jan 27, 2023
Sell 2.04 M USD
Sweeney Joseph Edward
- 5863
348.7901 USD
1 year ago
Dec 27, 2022
Sell 127 K USD
Brockman Dawn M.
director: INTERIM CONTROLLER AND PAO
- 410
310.63 USD
1 year ago
Nov 23, 2022
Sell 54.9 K USD
MELLOH HEATHER J.
director: EVP AND GENERAL COUNSEL
- 165
332.6297 USD
1 year ago
Nov 23, 2022
Sell 4.35 M USD
CRACCHIOLO JAMES M
director: CHAIRMAN AND CEO
- 13050
333.0243 USD
2 years ago
Nov 15, 2022
Sell 625 K USD
Smyth Gerard P.
director: EVP TECHNOLOGY AND CIO
- 1940
322.0195 USD
2 years ago
Nov 15, 2022
Sell 716 K USD
Smyth Gerard P.
director: EVP TECHNOLOGY AND CIO
- 2189
327.006 USD
2 years ago
Nov 15, 2022
Sell 2.85 M USD
Berman Walter Stanley
director: EXECUTIVE VP AND CFO
- 8700
327.635 USD
2 years ago
Nov 15, 2022
Sell 1.08 M USD
Berman Walter Stanley
director: EXECUTIVE VP AND CFO
- 3283
328.2878 USD
2 years ago
Aug 26, 2022
Sell 277 K USD
Sharpe Robert Francis JR
director:
- 1000
277.0072 USD
2 years ago
Mar 28, 2022
Sell 2.72 M USD
Berman Walter Stanley
director: EXECUTIVE VP AND CFO
- 8711
312.0145 USD
2 years ago
Mar 25, 2022
Sell 7.73 M USD
CRACCHIOLO JAMES M
director: CHAIRMAN AND CEO
- 24572
314.5961 USD
2 years ago
Mar 25, 2022
Sell 642 K USD
Alvero Gumer
director: PRESIDENT-INSURANCE&ANNUITIES
- 2044
314.2979 USD
2 years ago
Feb 11, 2022
Sell 2.58 M USD
Sweeney Joseph Edward
Pres-AWM Products & Services
- 8181
315.0359 USD
2 years ago
Feb 11, 2022
Sell 1.52 M USD
Sweeney Joseph Edward
Pres-AWM Products & Services
- 4800
316.1519 USD
2 years ago
Feb 11, 2022
Sell 2.02 M USD
THISSEN KAREN WILSON
Executive VP and GC
- 6444
313.8828 USD
2 years ago
Feb 14, 2022
Sell 1.67 M USD
TRUSCOTT WILLIAM F
CEO, Global Asset Management
- 5500
304.4283 USD
2 years ago
Feb 14, 2022
Sell 3.21 M USD
TRUSCOTT WILLIAM F
CEO, Global Asset Management
- 10500
305.4393 USD
2 years ago
Feb 10, 2022
Sell 415 K USD
Hutt John R.
Sr Vice Pres and Controller
- 1285
323.0206 USD
2 years ago
Feb 07, 2022
Sell 1.55 M USD
Berman Walter Stanley
Executive VP and CFO
- 5000
310.9986 USD
2 years ago
Feb 09, 2022
Sell 2.24 M USD
Berman Walter Stanley
Executive VP and CFO
- 7000
319.371 USD
2 years ago
Dec 27, 2021
Sell 7.35 M USD
CRACCHIOLO JAMES M
Chairman and CEO
- 23990
306.3516 USD
2 years ago
Dec 16, 2021
Sell 202 K USD
Hutt John R.
Sr Vice Pres and Controller
- 668
302.6128 USD
3 years ago
Nov 08, 2021
Sell 462 K USD
THISSEN KAREN WILSON
Executive VP and GC
- 1500
308.0263 USD
3 years ago
Oct 29, 2021
Sell 4.9 M USD
CRACCHIOLO JAMES M
Chairman and CEO
- 16101
304.4343 USD
3 years ago
Oct 29, 2021
Sell 4.4 M USD
CRACCHIOLO JAMES M
Chairman and CEO
- 14531
302.8301 USD
3 years ago
Oct 28, 2021
Sell 4.83 M USD
Berman Walter Stanley
Executive VP and CFO
- 15986
302.3701 USD
3 years ago
Aug 26, 2021
Sell 5.3 M USD
TRUSCOTT WILLIAM F
CEO, Global Asset Management
- 19522
271.3917 USD
3 years ago
Aug 09, 2021
Sell 2.98 M USD
Sweeney Joseph Edward
Pres-AWM Products & Services
- 11210
265.5221 USD
3 years ago
Apr 29, 2021
Sell 252 K USD
Smyth Gerard P.
EVP Technology and CIO
- 970
259.6425 USD
3 years ago
Apr 29, 2021
Sell 1.98 M USD
Woerner John Robert
Pres Ins & Chief Strat Officer
- 7693
257.7564 USD
3 years ago
Apr 29, 2021
Sell 1.63 M USD
Woerner John Robert
Pres Ins & Chief Strat Officer
- 6263
260 USD
3 years ago
Apr 29, 2021
Sell 405 K USD
THISSEN KAREN WILSON
Executive VP and GC
- 1560
259.85 USD
3 years ago
Feb 17, 2021
Sell 450 K USD
THISSEN KAREN WILSON
Executive VP and GC
- 2055
219.2046 USD
3 years ago
Feb 11, 2021
Sell 796 K USD
THISSEN KAREN WILSON
Executive VP and GC
- 3720
214.0807 USD
3 years ago
Feb 11, 2021
Sell 2.04 M USD
Sweeney Joseph Edward
Pres-AWM Products & Services
- 9500
215.2158 USD
3 years ago
Feb 10, 2021
Sell 16.6 K USD
Hutt John R.
Sr Vice Pres and Controller
- 77
216.07 USD
3 years ago
Feb 10, 2021
Sell 8.89 M USD
CRACCHIOLO JAMES M
Chairman and CEO
- 41300
215.1545 USD
3 years ago
Feb 10, 2021
Sell 2.35 M USD
CRACCHIOLO JAMES M
Chairman and CEO
- 10897
215.6616 USD
3 years ago
Feb 09, 2021
Sell 4.03 M USD
Berman Walter Stanley
Executive VP and CFO
- 19000
212.0906 USD
3 years ago
Feb 03, 2021
Sell 1.79 M USD
MOORE COLIN
EVP & Global CIO
- 8900
201.3222 USD
3 years ago
Feb 03, 2021
Sell 5.27 M USD
MOORE COLIN
EVP & Global CIO
- 26000
202.6117 USD
3 years ago
Feb 03, 2021
Sell 1.87 M USD
MOORE COLIN
EVP & Global CIO
- 9168
203.7923 USD
3 years ago
Feb 03, 2021
Sell 268 K USD
THISSEN KAREN WILSON
Executive VP and GC
- 1307
204.935 USD
3 years ago
Feb 03, 2021
Sell 2.44 M USD
TRUSCOTT WILLIAM F
CEO, Global Asset Management
- 12002
203.6122 USD
3 years ago
Dec 03, 2020
Sell 59.2 K USD
Hutt John R.
Sr Vice Pres and Controller
- 302
196.122 USD
7. News
Ameriprise Financial and Feeding America® Join Forces to Help Provide Meals This Holiday Season MINNEAPOLIS--(BUSINESS WIRE)--For the 15th consecutive year, Ameriprise Financial is partnering with Feeding America®, the nation's leading domestic hunger-relief organization, to help provide meals for families and individuals ahead of the holiday season. On Nov. 14, more than 3,100 of the firm's employees, advisors and clients will volunteer at Feeding America-partner food banks and other hunger-relief nonprofits across the country to serve meals, sort bulk food donations, stock shelves and h. businesswire.com - 3 days ago
Sophisticated Resources to Support High-Net-Worth Clients Draws Advisor with $100 Million to Ameriprise Team MINNEAPOLIS--(BUSINESS WIRE)--Q5 Wealth Management, a team of five financial advisors managing $1.5 billion in client assets in Houston and Beaumont, Texas, recently expanded with the addition of financial advisor Scott Guptill, CFA. Q5 joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) in August 2024 after a successful transition from UBS Financial Services, Inc. with a desire to significantly grow their practice by leveraging the sophisticated resources at Ameriprise. Le. businesswire.com - 5 days ago
Ameriprise Financial Named a Military Friendly® Employer for the Eleventh Consecutive Year MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced it was named a 2025 Military Friendly® Employer by VIQTORY, an organization that connects the military community to civilian employment and educational opportunities. This is the eleventh consecutive year Ameriprise has earned the distinction in recognition of its commitment and work to creating an inclusive and supportive work environment for military community members. “We are honored to be recognized as a Mi. businesswire.com - 5 days ago
Ameriprise Financial Earns Five Awards for Excellence in Learning and Development from Brandon Hall Group MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced the firm won five awards for excellence in learning and development from research and analyst firm Brandon Hall Group. Ameriprise received four gold and one bronze award in the category of Human Capital Management Excellence. Brandon Hall issues the awards in recognition of firms that have implemented innovative and effective training and development programs. Entries for the awards are evaluated and ranked by. businesswire.com - 1 week ago
Advisor Team with $250+ Million Joins Ameriprise Financial from LPL to Elevate Client Experience MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Kelly France, CFP®, AWMA℠ and Dan Lotts recently joined a well-established independent Ameriprise Financial, Inc. (NYSE: AMP) practice, River Prairie Wealth Partners. The team is based in Altoona, Wisconsin and is led by Ameriprise Private Wealth Advisor Adam Mohr, CRPC™, APMA™. Together, France and Lotts have more than 30 years of experience in the industry, most recently with LPL Financial, and they join the firm with more than $250 million in. businesswire.com - 2 weeks ago
AMP vs. ARES: Which Stock Is the Better Value Option? Investors interested in Financial - Investment Management stocks are likely familiar with Ameriprise Financial Services (AMP) and Ares Management (ARES). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 3 weeks ago
Why Ameriprise Financial Services (AMP) is a Top Value Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. zacks.com - 3 weeks ago
Ameriprise Financial, Inc. (AMP) Q3 2024 Earnings Call Transcript Ameriprise Financial, Inc. (NYSE:AMP ) Q3 2024 Earnings Call Transcript October 24, 2024 9:00 AM ET Company Participants Alicia Charity - Senior Vice President, Investor Relations Jim Cracchiolo - Chairman and Chief Executive Officer Walter Berman - Chief Financial Officer Conference Call Participants Suneet Kamath - Jefferies Alex Blostein - Goldman Sachs Wilma Burdis - Raymond James Steven Chubak - Wolfe Research Craig Siegenthaler - Bank of America Thomas Gallagher - Evercore ISI Kenneth Lee - RBC Capital Markets Ryan Krueger - KBW Michael Cyprus - Morgan Stanley John Barnidge - Piper Sandler Brennan Hawken - UBS Operator Welcome to the Q3 2024 Earnings Call. My name is Audra and I will be your operator for today's call. seekingalpha.com - 3 weeks ago
Ameriprise's Q3 Earnings Lag on Higher Expenses, Revenues & AUM Rise A rise in expenses hurts AMP's Q3 earnings, while higher revenues and AUM and AUA balances offer some support. zacks.com - 3 weeks ago
Ameriprise (AMP) Reports Q3 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Ameriprise (AMP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 weeks ago
Ameriprise Financial Services (AMP) Misses Q3 Earnings Estimates Ameriprise Financial Services (AMP) came out with quarterly earnings of $8.83 per share, missing the Zacks Consensus Estimate of $8.91 per share. This compares to earnings of $7.68 per share a year ago. zacks.com - 3 weeks ago
Ameriprise Financial Services (AMP) is a Great Momentum Stock: Should You Buy? Does Ameriprise Financial Services (AMP) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 3 weeks ago
8. Profile Summary

Ameriprise Financial, Inc. AMP

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COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 54.6 B
Dividend Yield 0.31%
Description 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.
Contact 55 Ameriprise Financial Center, Minneapolis, MN, 55474 https://www.ameriprise.com
IPO Date Sept. 15, 2005
Employees 13800
Officers Mr. William Davies Executive Vice President & Global Chief Investment Officer Mr. Walter S. Berman Executive Vice President, Chief Financial Officer & Chief Risk Officer Ms. Alicia A. Charity Senior Vice President of Investor Relations Ms. Deirdre D. Davey McGraw Executive Vice President of Marketing, Communications & Community Relations Mr. John R. Hutt Executive Vice President - Finance, Controller & Principal Accounting Officer Ms. Kelli Ann Hunter Petruzillo Executive Vice President of Human Resources Mr. William Frederick Truscott Chief Executive Officer of Global Asset Management Mr. Joseph Edward Sweeney President of Advice & Wealth Management - Products and Service Delivery Mr. Gerard P. Smyth Executive Vice President & Global Chief Information Officer Ms. Heather J. Melloh Executive Vice President & General Counsel