Ameriprise Finl Inc Stock Price, News & Analysis

Ameriprise Financial (NYSE: AMP) has launched the Ameriprise® Signature Wealth Program, a flexible unified managed account (UMA) solution that enhances investment personalization and efficiency. The program features access to 10 top investment providers and over 85 institutional investment models, with investment minimums ranging from $5,000 to $50,000.

Key features include customization of up to 25% of each portfolio with selected mutual funds and ETFs, multiple strategy management in one portfolio, and streamlined administrative processes through integration of over 25 systems. The platform offers various product choices including multi-asset, building block, specialty, and single models, alongside hundreds of mutual funds and ETFs.

Tri-Continental Corporation (NYSE: TY) has declared its second quarter distributions. The company announced an ordinary income distribution of $0.2900 per share of Common Stock and $0.6250 per share of Preferred Stock. Additionally, a total capital gain distribution of $0.7620 per share of Common Stock was declared, comprising $0.1983 in short-term and $0.5637 in long-term capital gains.

The distributions will be paid on June 25, 2025 for Common Stock and July 1, 2025 for Preferred Stock, with a record date of June 16, 2025. The capital gain distribution offers stockholders flexible payment options: 75% shares/25% cash, 50% shares/50% cash, or 100% cash. Notably, the Corporation has maintained an impressive 81-year consecutive dividend payment record on its common stock.

Ameriprise Financial has achieved a significant milestone with 515 of its financial advisors being named to the prestigious Forbes "Best-in-State Wealth Advisors" list. The recognition is based on key factors including ethical standards, professionalism, and business success.

Two executive leaders shared their perspectives on this achievement:

• Pat O'Connell, Executive VP and President of branch and financial institutions channels, highlighted the advisors' dedication to delivering premium client experiences and quality solutions
• Bill Williams, Executive VP and President of the independent channel, emphasized the firm's strategic investments in technology, growth programs, and product solutions

The selection process involved analyzing data from thousands of successful advisors nationwide, focusing on their ability to build meaningful client relationships while developing their practices and teams.

Ameriprise Financial has achieved notable recognition in the 2025 Wants & Pricing Report by Hearts & Wallets, securing a Top Performer™ designation for the seventh consecutive year in the category "understands me and shares my values."

The recognition is based on an extensive independent customer satisfaction survey conducted by Hearts & Wallets, involving nearly 6,000 U.S. households. To earn the Top Performer™ status, companies must receive client ratings significantly higher than the national average.

Key Highlights:

• Seventh year receiving high marks in customer understanding and shared values
• Recognition based on independent research by Hearts & Wallets
• Survey covered nearly 6,000 U.S. households
• Company demonstrated excellence in client experience

Marie O'Neill, senior vice president of marketing at Ameriprise Financial, emphasized the company's commitment to delivering excellent client experiences and helping clients achieve their major financial goals.

Ameriprise Financial (NYSE: AMP) has announced two significant shareholder-focused initiatives. The company's Board of Directors has authorized an additional $4.5 billion share repurchase program, effective from April 24, 2025, through June 30, 2027. This comes on top of the approximately $138 million still available from its July 2023 authorization.

Additionally, Ameriprise has increased its regular quarterly dividend by 8% to $1.60 per share, payable on May 19, 2025, to shareholders of record as of May 5, 2025. The company plans to fund the share repurchases through existing excess capital, future free cash flow generation, and other financing methods. The repurchase program is flexible, with no minimum purchase requirement, and can be adjusted based on market conditions.

Ameriprise Financial (NYSE: AMP) reported strong Q1 2025 results with adjusted operating earnings per share rising 13% to $9.50, while GAAP EPS was $5.83. Assets under management reached $1.5 trillion, with adjusted operating revenues up 5%. The company demonstrated strong financial performance with a 27% pretax adjusted operating margin and 52% adjusted operating ROE.

Key highlights include a new $4.5 billion share repurchase authorization through June 2027 and an 8% dividend increase. The company returned $765 million to shareholders in Q1, representing 81% of adjusted operating earnings. The Advice & Wealth Management segment saw 9% revenue growth to $2.8 billion, while Asset Management experienced a 1% revenue decline but achieved 17% higher pretax earnings through cost management.

Client engagement remained strong with total client assets growing 7% to $1.0 trillion and net flows of $10.3 billion. The company added 82 experienced advisors and achieved record adjusted operating net revenue per advisor of $1.1 million, up 12% year-over-year.

Ameriprise Financial (NYSE: AMP) has achieved recognition as one of Fortune's 'America's Most Innovative Companies' for 2025, securing a position among the top 300 U.S. public companies. The ranking evaluates excellence across three key innovation categories: product innovation, process innovation, and innovation culture.

According to Gerard Smyth, Executive Vice President and Chief Information Officer, innovation is fundamental to Ameriprise's culture, enabling the company to deliver enhanced solutions and experiences to employees, advisors, and clients. The assessment, conducted in partnership with Statista, examined companies across 17 different sectors, considering feedback from customers, employees, and public data, including patent information.

Ameriprise Financial (NYSE: AMP) has been awarded the Bank Insurance and Securities Association (BISA) Technology Innovation Award for its PracticeTech® platform at BISA's 2025 annual convention. The platform is a comprehensive suite of integrated technology capabilities designed to help financial advisors manage their practices more efficiently.

The PracticeTech® platform includes:

• Centralized reports
• Delegation access
• Turnkey meeting preparation
• Marketing deliverables
• Asset management capabilities

According to Gerard Smyth, Executive Vice President and Chief Information Officer at Ameriprise, the company's focus on integrating systems, data, and automating manual tasks aims to provide advisors with more client-focused time while growing their businesses.

Ameriprise Financial (NYSE: AMP) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, before market opening. The company will hold an investor conference call at approximately 9:00 a.m. (ET) on the same day to discuss the results.

Investors can access the live audio conference call, presentation slides, and audio replay through the Ameriprise Financial Investor Relations website at ir.ameriprise.com. The company currently operates with a network of over 10,000 financial advisors, providing investment advice, global asset management, and insurance solutions.