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Ameriprise Financial, Inc. (NYSE: AMP) is a leading name in financial planning and services in the United States. Established over 130 years ago, Ameriprise specializes in providing personalized financial advice to individuals, businesses, and institutions. The company has built its reputation on a foundation of core values such as client focus, integrity, excellence, and respect for individuals and communities.
Ameriprise stands out with its extensive network of approximately 10,000 financial advisors who cater to over 2 million clients. The company's core business revolves around asset and wealth management, contributing to about 80% of its revenue. As of the end of 2023, Ameriprise managed assets worth around $1.4 trillion, showcasing its significant presence in the financial sector.
With a client-centric approach, Ameriprise emphasizes understanding clients' diverse needs and helping them craft financial plans that align with their long-term goals. The firm has garnered several accolades, including being listed as one of the best places to work for six consecutive years and supporting over 6,000 nonprofits.
Ameriprise has strategically evolved its business model by reducing its insurance segment exposure, including the sale of its auto and home insurance business in 2019 and exiting proprietary fixed annuities in 2020. This strategic shift allows the company to focus on its robust wealth and asset management capabilities.
Recent achievements include continuous growth in assets under management, impressive financial performance, and expanding partnerships. For instance, Ameriprise recently announced a new partnership with Kinecta Federal Credit Union, enhancing the reach of its financial services.
The firm’s diverse offerings include investment advice, insurance products, and comprehensive financial planning tools. Ameriprise continually attracts experienced and productive financial advisors, evident from the addition of over 400 advisors in 2023 alone. The firm’s dedication to providing top-tier technology and support systems ensures that advisors can focus on delivering exceptional client service.
Moreover, Ameriprise actively promotes diversity and inclusion through initiatives like the annual Women Advisor Summits, celebrating and supporting the growth of female financial advisors.
The company's robust financial performance is reflected in its strong earnings and steady capital returns to shareholders. In Q1 2024, Ameriprise increased its quarterly cash dividend by 10%, underscoring its commitment to delivering value to shareholders.
Ameriprise Financial is dedicated to helping clients achieve financial confidence and success through comprehensive and personalized financial services. For more information, visit ameriprise.com.
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.
Ameriprise Financial (NYSE: AMP) reported strong Q4 and full-year 2024 results. Q4 adjusted operating earnings per share increased 23% to $9.54, while full-year adjusted operating EPS grew 17% to $35.79. Assets under management, administration, and advisement reached $1.5 trillion, up 10% with client net inflows of $35 billion.
The company demonstrated robust financial performance with adjusted operating net revenues increasing 13%, achieving a pretax adjusted operating margin of 27% and adjusted operating return on equity of 53%. Ameriprise returned $768 million to shareholders in Q4 and $2.8 billion for the full year.
In the Advice & Wealth Management segment, total client assets grew 14% to $1.0 trillion, with client flows of $11.3 billion. Wrap assets increased 18% to $574 billion, with net inflows of $11.1 billion. The Asset Management segment saw adjusted operating net revenues grow 10% to $930 million, with pretax adjusted operating earnings increasing 29% to $251 million.
Ameriprise Financial (NYSE: AMP) has launched two new television advertisements expanding its Advice Worth Talking About® brand platform. The campaign features 30-second and 15-second spots highlighting how Ameriprise advisors help clients achieve personal and financial milestones.
The first ad, 'Achieve so much more', focuses on clients reaching significant life goals like raising children, building businesses, and transitioning to retirement. The second ad, 'Count on so much more', emphasizes how clients support their communities while relying on Ameriprise's guidance.
The campaign will air across major networks including CBS, NBC, ABC, CNBC, and Fox Business. It includes a digital component spanning social media and news sites, with customizable content for Ameriprise financial advisors to use locally. The creative was developed by Invisible Man, with MayoSeitz handling media buying.
Ameriprise Financial (NYSE: AMP) announced that 427 of its financial advisor teams have been named to the Forbes Best-in-State Wealth Management Teams list. The recognition is based on various factors including practice quality, business success, and community involvement. The rankings were determined through analysis of qualitative and quantitative data from thousands of advisor teams nationwide.
Both Bill Williams, Executive VP and President of Ameriprise Independent Advisors channel, and Pat O'Connell, Executive VP and President of Ameriprise Advisor & Financial Institutions Groups, praised the recognized teams for their commitment to client service and dedication to delivering excellent financial advice.
Ameriprise Financial (NYSE: AMP) has scheduled its fourth quarter 2024 financial results announcement for Wednesday, January 29, 2025, after the NYSE market close. The company will hold a conference call to discuss these results on Thursday, January 30, 2025, at 9:00 a.m. ET.
The live audio conference call, presentation slides, and audio replay will be accessible through the company's Investor Relations website at ir.ameriprise.com. Ameriprise operates with a network of over 10,000 financial advisors and provides investment advice, global asset management capabilities, and insurance solutions to individual and institutional investors.
Ameriprise Financial (NYSE: AMP) has achieved recognition from Forbes as one of 'America's Best Companies' for 2025, securing a position among the top 300 U.S. public companies. The prestigious ranking evaluates companies based on multiple criteria, including customer and employee satisfaction, financial strength, workplace stability, positive media coverage, and public trust.
The selection process involved analyzing over 2,000 U.S.-based companies across various industries, examining 60 metrics in 11 different categories. Companies were evaluated through a weighted average process to determine overall scores, both against the complete company list and within industry groups.
Executive Vice President of Human Resources, Kelli Hunter Petruzillo, highlighted Ameriprise's 130-year legacy of helping clients achieve financial confidence through consistent growth strategies and fostering a culture of care, emphasizing their commitment to providing exceptional experiences for clients, employees, and advisors.