Welcome to our dedicated page for Ameriprise Finl news (Ticker: AMP), a resource for investors and traders seeking the latest updates and insights on Ameriprise Finl stock.
Company Overview
Ameriprise Financial is a venerable financial services firm with a longstanding history in financial planning, wealth management, and asset management. Based on a tradition of personalized client service, the company has crafted a reputation for delivering tailored financial strategies that address both individual and institutional needs. Its operations are deeply rooted in industry-specific expertise, addressing the multifaceted demands of modern financial planning and investment management.
Business Model and Core Segments
Ameriprise Financial employs a dual-pronged business model that integrates comprehensive financial planning with an extensive advisory network. The firm primarily generates revenue from its asset and wealth management segments, providing clients with strategic insights and personalized investment solutions. This approach is built around the principle of aligning financial strategies with the unique circumstances and long-term aspirations of each client.
Advisory Network and Client-Centric Approach
A key pillar of Ameriprise Financial’s success is its extensive network of experienced advisors. These professionals work closely with clients, investing the time necessary to understand their financial goals and personal circumstances. By doing so, the company is able to craft bespoke financial plans that are both robust and adaptive, ensuring that every client receives a strategy that is as individualized as it is effective.
Market Position and Competitive Landscape
Within the competitive financial services sector, Ameriprise Financial stands out by combining a rich heritage in financial planning with modern, client-centric advisory practices. The firm’s deep expertise in asset and wealth management has enabled it to differentiate itself in a crowded marketplace. Its strategic commitment to quality financial advice and an unwavering focus on client needs allow it to maintain a substantial market presence, even in a challenging economic environment.
Operational Strength and Core Values
At the heart of Ameriprise Financial’s operations lies a commitment to core values such as integrity, excellence, and respect. These values are integral to its business philosophy, guiding everything from client interactions to the development of sophisticated financial strategies. The company’s operations marry a team-based ethos with an entrepreneurial spirit, ensuring that every financial solution is both rigorously analyzed and personally crafted.
Industry Terminology and Strategic Insights
Ameriprise Financial’s service offerings are intertwined with industry-specific concepts such as financial planning, asset management, and wealth management. The firm leverages these concepts to perform detailed risk assessments, manage complex investment portfolios, and design financial solutions that are both sustainable and strategically sound. This deep interconnection of services enables the company to address a wide range of client needs systematically and effectively.
Conclusion
With a storied legacy and a meticulous approach to client service, Ameriprise Financial represents a robust and reliable presence in the financial services industry. Its comprehensive blend of personalized financial planning, extensive advisory capabilities, and rigorous asset management positions the firm as a trusted provider of tailored investment solutions. By continuously evolving its service model while adhering to core values, Ameriprise Financial offers enduring expertise and value to its diverse clientele.
Tri-Continental (NYSE: TY) has announced its upcoming 95th Annual Meeting of Stockholders scheduled for June 24, 2025, in Minneapolis, MN. The record date for stockholder voting eligibility is set for April 29, 2025.
The meeting agenda includes:
- Re-election of four directors: Janet Langford Carrig, Sandra L. Yeager, Daniel J. Beckman, and Douglas A. Hacker, to serve until the 2028 Annual Meeting
- Ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2025
- Discussion of other relevant matters
The is managed by Columbia Management Investment Advisers, , under the global brand Columbia Threadneedle Investments.
Financial advisors Mila Kisz and Roman Kisz have transitioned to Ameriprise Financial's (NYSE:AMP) independent channel, bringing with them $100 million in client assets from Edward Jones. The married duo has joined LegacyOak Advisors in Simi Valley, California, an established practice led by Greg Lewandowski.
The team chose Ameriprise for its independence offerings, business ownership opportunities, and enhanced capabilities. LegacyOak Advisors now comprises three financial advisors and one relationship manager, with plans to expand their footprint through organic growth and external practice acquisition.
This addition aligns with Ameriprise's successful advisor recruitment strategy, having attracted approximately 1,700 experienced financial advisors in the last 5 years.
Ameriprise Financial (NYSE: AMP) announced that 73 of its financial advisors have been named to the 2025 Barron's Top 1,200 Financial Advisors list. The recognition is based on evaluation of over 7,000 productive advisors nationwide, considering factors such as professionalism, community impact, and business success.
Bill Williams, Executive VP and President of the independent advisor channel, highlighted how this recognition reflects their advisors' success in building trusted client relationships. Pat O'Connell, Executive VP and President of branch and financial institutions channels, emphasized the company's commitment to enabling advisors to deliver premium client experiences.
Tri-Continental (NYSE: TY) has declared its first quarter distribution for 2025. The company announced an ordinary income distribution of $0.2766 per share for Common Stock, payable on March 26, 2025, and $0.6250 per share for Preferred Stock, payable on April 1, 2025. Both stockholders of record date and ex-dividend date are set for March 18, 2025.
The distribution aligns with the 's established policy, marking 81 consecutive years of dividend payments on common stock. The current distributions are derived from the 's earnings and profits, with no return of capital component. The investment manager for the is Columbia Management Investment Advisers, , a wholly-owned subsidiary of Ameriprise Financial, Inc.
Highland Wealth Management, a private wealth advisory practice managing $210 million in assets, has transitioned from LPL Financial to Ameriprise Financial's (NYSE: AMP) independent channel. The practice, led by Private Wealth Advisor Lee Hooks MBA, CFP®, operates across three Tennessee locations: Columbia, Lewisburg, and Pulaski.
The team chose Ameriprise based on three key factors: superior client satisfaction and service reputation, advanced technology infrastructure including their client-facing app, and the ability to maintain independence while leveraging a strong brand. The practice includes five additional financial advisors and three support staff members.
This addition contributes to Ameriprise's ongoing recruitment success, with approximately 1,700 experienced financial advisors joining the firm in the past five years.
Ameriprise Financial (NYSE: AMP) has announced the appointment of Glynis A. Bryan to its board of directors, effective March 1, 2025. Bryan brings extensive financial and technology expertise from her role as CFO of Insight Enterprises (2007-2024), and previous executive positions at Swift Transportation and APL Logistics.
Bryan currently serves on the boards of Pinnacle West Capital and Wesco International, and is a former director of Pentair plc. She holds an MBA from Florida International University and a BA from York University.
Ameriprise Financial, with a 130-year history, maintains a network of over 10,000 financial advisors and offers comprehensive investment advice, global asset management capabilities, and insurance solutions to individual and institutional investors.
Ameriprise Financial (NYSE: AMP) announced that 186 of its financial advisors have been named to the Forbes 'Top Women Wealth Advisors Best-In-State' list. The recognition is based on multiple factors including professional excellence, community involvement, business success, and client impact and retention.
The rankings were determined using data from thousands of accomplished women advisors nationwide. Ameriprise executives highlighted the company's commitment to delivering exceptional client experiences and emphasized their continuous investment in innovative capabilities to support advisor growth and client service excellence.
Financial advisor Jeff Impey, CFP®, has transitioned from LPL Financial to Ameriprise Financial, Inc. (NYSE: AMP), bringing $130 million in assets to the firm's branch channel in Roseville, California. Impey, who has over 18 years of industry experience, chose Ameriprise for its client-focused approach, extensive support, and practice management resources.
The transition has been positively received by Impey's clients, who appreciate the new offerings and smooth transfer process. His practice is supported by Client Service Associate Bettie Jelks, Complex Director Kable Doria, and Regional Vice President James Frisone.
Ameriprise has demonstrated strong advisor recruitment, attracting over 400 advisors in 2024 and approximately 1,700 in the past 5 years.
Financial advisor Ronnie Sansom, CFP®, has transitioned to Ameriprise Financial's independent channel from Edward Jones, bringing $110 million in assets to his Andalusia, Alabama practice. The move was motivated by Ameriprise's comprehensive financial planning approach, sophisticated tools, and wealth management platform.
Sansom highlighted three key factors in his decision: the firm's dedication to financial planning, excellent onboarding support during the transition, and extensive investment offerings with integrated technology for customized client service. His practice includes Branch Administrator Karen Philpott and receives local support from Ameriprise Franchise Field Vice President Sabrina Tacheny and Regional Vice President Tres Rouquette.
This addition reflects Ameriprise's continued success in attracting experienced advisors, with approximately 1,700 financial advisors joining the firm in the last 5 years.
Ameriprise Financial (NYSE: AMP) has announced its Board of Directors has declared a quarterly cash dividend of $1.48 per common share. The dividend will be payable on February 28, 2025, to shareholders of record as of February 10, 2025.
The company, which has been operating for 130 years, provides investment advice, global asset management capabilities, and insurance solutions through a network of more than 10,000 financial advisors. Ameriprise serves both individual and institutional investors with their financial needs.
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