Welcome to our dedicated page for Ameriprise Financial news (Ticker: AMP), a resource for investors and traders seeking the latest updates and insights on Ameriprise Financial stock.
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.
Ed Gordon, a financial advisor with over $125 million in client assets, has joined Ameriprise Financial from Wells Fargo in Deerfield, Illinois. His move aims to align with a client-centric firm offering a comprehensive investment platform and advanced financial planning technology. Gordon highlighted the effective support from Ameriprise’s investment experts and the seamless transition process for his clients. In the past five years, about 1,600 advisors have joined Ameriprise, with many praising its technology and client acquisition capabilities.
Ameriprise Financial, Inc. (NYSE: AMP) announced that 65 of its financial advisors made the 2022 Barron’s “Top 1,200 Financial Advisors” list, recognized for their ethical standards, professionalism, and success. The rankings are based on submissions from over 4,000 advisors. Executives Bill Williams and Pat O’Connell praised the advisors for their critical guidance and commitment to exceptional client experiences. The full list is available on Barron’s website.
Ameriprise Financial (NYSE: AMP) has welcomed financial advisors
The Board of Directors of Columbia Seligman Premium Technology Growth Fund (NYSE: STK) announced the 12th Annual Meeting of Stockholders on June 21, 2022, in Minneapolis, MN. The record date for stockholder eligibility is April 12, 2022. Stockholders will elect two directors, re-elect two directors, and ratify the selection of PricewaterhouseCoopers LLP as the independent auditor for 2022. Additional details will be provided in a forthcoming notice and proxy statement filed with the Securities and Exchange Commission.
The Board of Directors of Tri-Continental Corporation (NYSE: TY) has announced its 92nd Annual Meeting of Stockholders scheduled for June 21, 2022, in Minneapolis, MN. The record date for stockholders entitled to vote is set for April 12, 2022. Key agenda items include the election of 4 directors, ratification of PricewaterhouseCoopers LLP as the independent accounting firm for the fiscal year 2022, and other relevant matters. Details for access to the meeting will be included in a forthcoming notice and proxy statement.
Columbia Threadneedle Investments announced that five of its funds were honored in the 2022 U.S. Refinitiv Lipper Fund Awards. Among the winners, the Columbia Global Technology Growth Fund and Columbia Acorn European Fund achieved recognition for the fourth and third consecutive years, respectively. The awards measure outperformance in comparison to peers for the periods ending
Ameriprise Financial (NYSE: AMP) is hosting its "Career Compass" events on
Tri-Continental Corporation (NYSE: TY) announced an ordinary income distribution of
Ameriprise Financial Inc. (NYSE: AMP) announced that 95 of its financial advisors were recognized in Forbes’ “Top Best in State Women Wealth Advisors” list. This accolade highlights the advisors' ethical standards, professionalism, and client retention. Pat O’Connell, Executive VP, expressed pride in the strong representation of talented women advisors. Ameriprise is dedicated to supporting women in finance through initiatives like the Women’s Empowerment Network and Women Advisor Summits, fostering mentorship and professional growth.
Penn Wealth Planning has transitioned to the independent channel of Ameriprise Financial (NYSE: AMP), managing over $670 million in client assets. The team, led by CEO Lisa Policare, chose Ameriprise for its financial planning commitment, advanced technology, and leadership support. This partnership aims to enhance client service amid ongoing economic uncertainty. Ameriprise has attracted approximately 1,700 financial advisors in the past five years, indicating its growth and stability in the financial services sector.
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