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.
Ameriprise Financial, Inc. (NYSE: AMP) regularly issues news and updates that reflect its role in the investment advice, asset management and insurance sectors. Company releases cover topics such as quarterly earnings results, dividends declared by the board of directors, board appointments and developments across its advisor network and business segments.
Investors following Ameriprise news can expect detailed announcements around quarterly and annual financial performance, including metrics for Advice & Wealth Management, Asset Management and Retirement & Protection Solutions. The firm uses press releases to summarize earnings, assets under management and advisement, client asset flows and segment-level trends, as well as to provide commentary from senior leadership on strategy and performance.
Ameriprise also highlights advisor recruiting and practice growth in its news flow. Recent announcements describe experienced advisor teams and practices joining Ameriprise from other firms, including teams in the branch channel, independent channel and the Ameriprise Financial Institutions Group. These stories often emphasize reasons for joining Ameriprise, such as financial planning capabilities, technology platforms, service support and the Ultimate Advisor Partnership framework.
In addition, Ameriprise news may reference activities within its Columbia Threadneedle asset management business, including the management of closed-end funds like Tri-Continental Corporation through Columbia Management Investment Advisers, LLC. Board and governance updates, such as the appointment of new directors, are also disclosed through current reports and related press releases.
For users tracking AMP, the news stream provides insight into how Ameriprise describes its client focus, advisor network, capital return practices and segment performance over time. Regularly reviewing these items can help readers understand the company’s priorities, risk disclosures and the evolution of its advisory and asset management franchises.
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AM Best has affirmed the Financial Strength Rating (FSR) of A+ and Long-Term Issuer Credit Ratings (ICR) of “aa-” for RiverSource Life Insurance Company and its subsidiary, RiverSource Life Insurance Co. of New York, both part of Ameriprise Financial (NYSE: AMP). Concurrently, AM Best affirmed an FSR of A and an ICR of “a+” for Ameriprise Captive Insurance Company. The outlook for these ratings is stable. These ratings reflect Ameriprise's strong balance sheet, operating performance, and risk management practices, alongside favorable results in asset management and wealth management segments.
Ameriprise Financial announced that 37 of its financial advisors earned a spot on Working Mother Magazine's 2021 list of the "Top Wealth Advisor Moms." This recognition highlights their success in wealth management while balancing family responsibilities. Advisors are evaluated based on assets under management, revenue, experience, client retention, and compliance records. Deirdre McGraw praised these women for being role models in the industry. Additionally, Ameriprise remains committed to fostering a diverse workforce through initiatives like Women’s Advisor Summits.
The Board of Directors of Ameriprise Financial (NYSE: AMP) has announced a quarterly cash dividend of $1.13 per common share. This dividend is payable on November 19, 2021, to shareholders on record as of the close of business on November 8, 2021.
Ameriprise Financial, with over 125 years of experience, provides a wide array of financial services through its network of 10,000 advisors, catering to individual and institutional investors.
Ameriprise Financial reported strong Q3 2021 earnings, with GAAP net income per diluted share of $8.65, a significant recovery from a loss of $1.14 a year prior. Adjusted operating earnings increased 38% to $5.91 per share, driven by robust client inflows of $14 billion and a 21% rise in assets under management, totaling $1.2 trillion. The company returned $666 million to shareholders, representing 95% of adjusted operating earnings. Notably, the adjusted operating return on equity reached 47.9%, showcasing strong profitability across its wealth and asset management sectors.
Ameriprise Financial has welcomed the Christensen Wealth Advisory Group to its branch channel, managing over
Ameriprise Financial announces the addition of financial advisor Reid Evans, who joins from Raymond James with $120 million in client assets. Evans has partnered with The McCulla Group, led by Matthew McCulla, to enhance client service and operational efficiency. Ameriprise has attracted around 1,700 experienced advisors in the last five years, reflecting its commitment to independent advisory growth. The firm offers advanced technology and a diverse product suite for optimal client service.
Ameriprise Financial (NYSE: AMP) will announce its third quarter financial results on October 26, 2021, after the market closes. A conference call to discuss these results is set for October 27, 2021, at 9:00 a.m. ET. Investors can access live audio, presentation slides, and replays on the Ameriprise Financial Investor Relations website.
With over 125 years in the financial sector, Ameriprise serves both individual and institutional investors through a network of approximately 10,000 financial advisors.
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Ameriprise Financial (NYSE: AMP) has been ranked as the '#1 Most Trusted Wealth Manager' by Investor’s Business Daily in a recent survey involving over 6,000 consumers. The firm also secured a spot among the top 10 on IBD's '25 Most Trusted Financial Companies' list. Key trust attributes evaluated included data privacy, product quality, ethical practices, pricing fairness, and customer treatment. The rankings reflect Ameriprise's commitment to building meaningful relationships with clients and its long-standing support in achieving their financial goals.