AMERIPRISE FINANCIAL INCAMP
AMERIPRISE FINANCIAL INC Financial Overview 2020–2024
Ameriprise’s Advice & Wealth Management segment drove a 30% increase in its adjusted operating earnings in FY2023, a clear signal of the company's primary growth engine. This performance highlights Ameriprise's successful focus on its core advisory business, which consistently generates growth from client inflows and favorable interest rates, often offsetting volatility in its other divisions. The momentum continued into FY2024, when the company’s overall pretax income jumped 32% to $4.3 billion, demonstrating substantial bottom-line expansion.
This recent success builds on a significant growth trajectory over the past several years. Total net revenues expanded from $11.9 billion in FY2020 to $17.3 billion in FY2024. This expansion was fueled by a growing asset base, with assets under management and administration reaching $1.5 trillion by the end of FY2024. The company’s rebound from early pandemic challenges was sharp, marked by an 80% surge in net income in FY2021. Ameriprise has also consistently returned capital to shareholders, including paying $593 million in dividends during FY2024.
Recent Developments (Q2 and Q3 2025)
Ameriprise continued its earnings expansion through mid-2025, with net income climbing 28% in Q2 and 10% through the first nine months of the year. This growth was supported by an 8% year-over-year increase in total assets, which reached $1.66 trillion by Q3 2025. The bull case is that diversified earnings from segments like Retirement & Protection, where earnings surged 26% year-to-date, are accelerating overall growth. The bear case centers on rising distribution expenses, which climbed 10% in Q2, potentially pressuring margins. As of the Q3 2025 report, the stock traded at 13.7x earnings. The company also announced a key leadership retirement within its Advice & Wealth Management division and appointed a new director to its board.
What to watch: leadership succession in the Advice & Wealth Management division; management of advisor compensation expenses
Rev
$17.93B
FY2024
NI
$3.40B
FY2024
EPS
$33.67
FY2024
OCF
$6.59B
FY2024
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
Recent SEC Filings
AMERIPRISE FINANCIAL INC 8-K Report, Executive Changes (Feb 12, 2026)
Ameriprise Financial, Inc. (AMP) has filed an 8-K report announcing a significant executive transition. Joseph E. Sweeney, who serves as President of Advice & Wealth Management Products & Service Delivery, has decided to retire from his role. Mr. Sweeney's retirement is effective April 3, 2026, marking the end of his tenure with the company. This departure represents a change in leadership within a key division of the company, which investors will want to monitor for any potential impact on strategic direction or operational continuity. The report does not provide details on Mr. Sweeney's successor or any interim plans. Investors should pay close attention to future communications from Ameriprise regarding leadership changes within the Advice & Wealth Management segment. This transition could influence the company's ability to execute its growth strategies and maintain its competitive position in the wealth management sector. The timely appointment of a qualified successor will be crucial for ensuring a smooth handover and continued performance.
AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Jan 29, 2026)
Ameriprise Financial, Inc. (AMP) has filed an 8-K report on January 29, 2026, primarily to furnish a press release announcing its financial results for the fourth quarter of 2025. While the 8-K itself does not contain detailed financial figures, it directs investors to Exhibit 99.1, the press release, for comprehensive information regarding the company's performance during the period. Investors seeking to understand AMP's operational and financial standing for Q4 2025 should refer to this accompanying press release for key metrics and management commentary. The filing indicates the event date was January 28, 2026, with the report filed the following day. This is a standard procedure for publicly traded companies to promptly disseminate significant financial news. Investors and analysts will be looking to the press release for details on revenue, net income, earnings per share, and segment performance, which will inform their assessment of Ameriprise's recent financial health and future prospects.
AMERIPRISE FINANCIAL INC 8-K Report, Executive Changes (Nov 12, 2025)
Ameriprise Financial, Inc. (AMP) announced a key change to its Board of Directors with the immediate appointment of Liane J. Pelletier, effective November 12, 2025. Ms. Pelletier brings extensive experience in executive leadership and corporate governance, having previously served as CEO and President of Alaska Communications Systems Group and holding senior strategy roles at Sprint Corporation. Her appointment is expected to strengthen the company's oversight, particularly with her immediate inclusion on the Audit and Risk Committee. This move signals a focus on enhancing board expertise in critical areas of financial oversight and risk management.
AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Oct 30, 2025)
Ameriprise Financial, Inc. has filed an 8-K report on October 29, 2025, to disclose its financial results for the third quarter of 2025. The company is furnishing a press release, dated October 30, 2025, as Exhibit 99.1, which contains the detailed financial outcomes for the period. Investors should refer to this press release for comprehensive information regarding revenue, profitability, and other key financial metrics for Q3 2025. While the 8-K itself is brief, its primary purpose is to officially submit the quarterly earnings announcement for public record. The attached press release will provide insights into the company's performance, including any significant trends, segment results, or forward-looking statements that Ameriprise deems important for its stakeholders. Investors are encouraged to review this document to understand the company's current financial health and its trajectory.
AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Jul 24, 2025)
Ameriprise Financial Inc. (AMP) has filed a Form 8-K on July 24, 2025, to report its financial results for the second quarter of 2025. This filing primarily consists of a press release, dated July 24, 2025, which is furnished as Exhibit 99.1. Investors should refer to this press release for detailed information on the company's performance during the quarter. The 8-K itself does not contain the detailed financial statements but rather points to the press release as the source of operational and financial condition information. The key takeaway for investors is that AMP is providing its Q2 2025 financial results, and the accompanying press release will offer insights into revenue, profitability, and other key performance indicators. While this 8-K is a procedural filing, the content of the press release will be crucial for understanding the company's financial health and outlook.
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