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Ameriprise Financial (AMP) Stock News, Sep-Oct 2021

AMP NYSE

Ameriprise Financial, Inc. provides financial advice, wealth management, global asset management and insurance solutions through a large U.S. advisor network and the Columbia Threadneedle Investments franchise. Company news commonly covers quarterly results, dividend actions, advisor practice affiliations, succession and practice-acquisition support, and updates tied to its advice and wealth management platform.

Recurring Ameriprise developments also include financial-planning research, investor satisfaction studies, industry rankings for advisors and fund families, and commentary on client engagement, asset growth and capital returns.

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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.

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Ameriprise Financial Inc. (NYSE: AMP) announced that 34 of its financial advisors were recognized in Forbes' "Top Next-Gen Wealth Advisors" list for 2021. This annual list honors advisors under 40 who excel in business success, compliance, and ethical standards. Notable executives congratulated the advisors, emphasizing Ameriprise's supportive environment for career growth. The full list can be found on Forbes' website. Ameriprise Financial has over 125 years of experience in financial services and a network of approximately 10,000 advisors.

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Ameriprise Financial (NYSE: AMP) announced that 11 of its financial advisors were recognized in Barron’s “Top Independent Advisors” list for 2021. This annual list identifies the top 100 independent advisors in the U.S. based on business success, compliance records, assets under management, and ethical standards. Bill Williams, Executive VP of the independent advisor channel, praised the advisors' continuous commitment to client success. The full list of recognized advisors includes notable names like Dane Burkholder and Susan Kim.

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Columbia Threadneedle Investments has launched the Columbia Short Duration Bond ETF (NYSE Arca: SBND), expanding its fixed income ETF offerings. This ETF focuses on generating income across four debt market segments, including U.S. investment-grade corporates and high yield, while minimizing credit risk. SBND utilizes a rules-based investment approach to maintain income without sacrificing yield despite lower duration. The fund is managed by a team of experienced portfolio managers and is competitively priced at 25 basis points.

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Ameriprise Financial (NYSE: AMP) announced that two financial practices, managing a combined $370 million in client assets, have joined the firm. Larry Teichman from LPL Financial in Ohio and J Carrell from Morgan Stanley in Texas are now part of Kuttin Wealth Management, led by Hall of Fame advisor Jon Kuttin. Teichman and his team manage over $320 million in assets, while Carrell handles approximately $50 million. This move signifies Ameriprise's ongoing growth and appeal to experienced advisors.

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Columbia Threadneedle Investments announced that Catherine Stienstra, Head of Municipal Bond Investments, has been recognized as one of the top women in asset management by Bonhill Group in its 2021 U.S. Women in Asset Management Awards. Stienstra, who manages nearly $17B in assets, was awarded in the bond manager category. The recognition highlights her leadership and expertise in municipal bonds. Columbia Threadneedle manages $593 billion in assets globally, providing a range of investment strategies.

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FAQ

What is the current stock price of Ameriprise Financial (AMP)?

Ameriprise Financial (AMP) last closed at $490.51.

What is the market cap of Ameriprise Financial (AMP)?

The market cap of Ameriprise Financial (AMP) is approximately $43.3B.