Ameriprise Financial Inc

AMP

Company Profile

  • Business description

    Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of proprietary fixed annuities in 2020.

  • Contact

    1099 Ameriprise Financial Center
    MinneapolisMN55474
    USA

    T: +1 612 671-3131

    E: [email protected]

    https://www.ameriprise.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Asset Management

    Fiscal Year End

    31 December 2024

    Employees

    13,800

Ameriprise Financial Inc News & Analysis

video

AMP: difficulties now, but dividends later

The 171-year-old wealth manager has had its scandals but there's merit to its turnaround strategy and the quality of its other assets, says Morningstar's Shaun Ler.

Morningstar Investment Ideas

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