Ameriprise Finl Inc Stock Price, News & Analysis

Ameriprise Financial (NYSE: AMP) announced that financial advisor Alex Gunn has joined Third Coast Advisors, bringing over $130 million in client assets from PNC Investments. The 16-year industry veteran joins Third Coast Advisors' team, which provides financial services to Third Coast Bank clients across Southeast Texas and manages over $600 million in combined brokerage assets.

Gunn cited several key factors for his transition, including Ameriprise's client-focused culture, comprehensive financial planning capabilities, robust technology platform, and strong support system. The move aligns with his focus on building lasting client relationships and delivering comprehensive financial planning services.

Ameriprise Financial (NYSE: AMP) has launched its 14th annual donation matching campaign to support Feeding America through October 31, 2025. The company will match public donations up to $250,000, with each dollar donated helping to provide 20 meals to people facing food insecurity.

Since partnering with Feeding America in 2009, Ameriprise has helped provide over 141 million meals and contributed more than 400,000 volunteer hours. The company will also host its 16th annual National Day of Service on November 6, 2025, mobilizing employees, advisors, and clients to support hunger-relief efforts nationwide.

Tri-Continental Corporation (NYSE: TY) has declared its third quarter distribution for 2025. The company announced an ordinary income distribution of $0.2654 per share for Common Stock, payable on September 24, 2025, and $0.6250 per share for Preferred Stock, payable on October 1, 2025.

The ex-dividend date for both Common and Preferred Stock is set for September 16, 2025. Notably, the Corporation has maintained its impressive track record of paying dividends on common stock for 81 consecutive years. The distributions are being made from the Corporation's earnings and profits, with no portion representing a return of capital.

Columbia Threadneedle Investments, a subsidiary of Ameriprise Financial (NYSE: AMP), has selected State Street Corporation as its global back office service provider. The expanded partnership will consolidate fund accounting, administration, and custody services for Columbia Threadneedle's pooled funds, including ETFs, in the U.S. and Europe.

As part of the transition, over 100 Columbia Threadneedle employees will transfer to State Street in comparable roles. The consolidation process will commence in Q4 2025 and is expected to take approximately one year to complete. The company states this strategic move will create efficiencies and savings for fund shareholders, with no material financial impact expected for Ameriprise Financial.

Ameriprise Financial (NYSE: AMP) announced that 122 of its financial advisors have been named to the prestigious 2025 Forbes "Best-in-State Next-Gen Wealth Advisors" list. The recognition highlights top advisors under 40 years old who demonstrate exceptional business success, compliance records, and client service.

The selection process, conducted in partnership with SHOOK Research, evaluates advisors based on assets under management, industry experience, and client service models. Ameriprise executives emphasized the company's commitment to supporting advisors through advanced technology, comprehensive product offerings, and resources that enable them to deliver outstanding client experiences.

Ameriprise Financial (NYSE: AMP) has announced its role as a bronze sponsor of the 2026 Special Olympics USA Games with a $100,000 commitment. The event will take place in Minnesota from June 20-26, 2026, featuring 16 team and individual sports.

The company plans to mobilize hundreds of employees as volunteers across various venues during the event. This partnership builds on Ameriprise's nearly two-decade-long support of Special Olympics Minnesota, demonstrating their continued commitment to fostering inclusive sporting events.

Ameriprise Financial (NYSE: AMP) has earned recognition from Forbes as one of "America's Best Employers for New Grads" for 2025. The ranking is based on a comprehensive survey of over 100,000 young professionals with less than 10 years of work experience at companies with 1,000+ U.S. employees.

The assessment evaluated multiple factors including benefits, advancement opportunities, employee satisfaction, and likelihood to recommend the employer. Executive VP of Human Resources Kelli Hunter Petruzillo highlighted the company's 130-year history of maintaining a values-driven culture with strong leadership and industry-leading resources.

Ameriprise Financial (NYSE: AMP) has successfully recruited two financial advisors from Commonwealth Financial Network, bringing over $150 million in combined client assets to its independent channel. Chris Theis from Delaware, managing $100 million in assets, and Michael Thomas from Montana, managing $50 million in assets, joined Ameriprise following Commonwealth's acquisition by LPL Financial.

Both advisors cited Ameriprise's personalized support, growth-focused resources, and integrated technology as key factors in their decision. Thomas evaluated 15 firms before choosing Ameriprise, while Theis was attracted to the firm's boutique feel and client-centric approach. The additions reflect Ameriprise's strong recruiting momentum, having attracted approximately 1,700 experienced advisors in the last 5 years.

Ameriprise Financial (NYSE: AMP) announced that veteran financial advisor Vince Abio has joined S&T Financial Services, a practice within their Financial Institutions Group (AFIG). Abio, who previously managed over $120 million in client assets at Merrill Lynch, brings 28 years of industry experience to the firm.

S&T Financial Services, which serves S&T Bank clients in Pennsylvania and Ohio, currently manages $1.4 billion in combined brokerage assets through a team of 15 financial advisors. Abio cited Ameriprise's financial planning capabilities, sophisticated trading platform, and S&T Bank's strong community focus as key factors in his decision to join.