Ameriprise Financial
AMP

$430.17

2.13%

Market Cap: $42.2B

About: 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 the exit of the sale of its proprietary fixed annuities in 2020.

Employees: 13,800

Financials Investment Advice

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

192% more call options, than puts

Call options by funds: $102M | Put options by funds: $34.8M

14% more repeat investments, than reductions

Existing positions increased: 465 | Existing positions reduced: 408

3% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 101

0% more funds holding

Funds holding: 1,213 [Q1] → 1,216 (+3) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 15 [Q1] → 15 (+0) [Q2]

0.32% less ownership

Funds ownership: 84.39% [Q1] → 84.07% (-0.32%) [Q2]

4% less capital invested

Capital invested by funds: $37B [Q1] → $35.7B (-$1.36B) [Q2]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$387

10%

downside

Avg. target

$465

8%

upside

High target

$504

17%

upside

7 analyst ratings

3 positive

43%

3 neutral

43%

1 negative

14%

RBC Capital Kenneth Lee 76% 1-year accuracy 42 / 55 met price target	16%upside $500	Outperform Maintained	30 Jul 2024
Keefe, Bruyette & Woods Ryan Krueger 100% 1-year accuracy 13 / 13 met price target	7%upside $460	Market Perform Maintained	30 Jul 2024
Morgan Stanley Michael Cyprys 60% 1-year accuracy 18 / 30 met price target	2%upside $440	Equal-Weight Maintained	29 Jul 2024
UBS Brennan Hawken 59% 1-year accuracy 19 / 32 met price target	15%upside $495	Buy Maintained	9 Jul 2024
Keefe, Bruyette & Woods Ryan Krueger 100% 1-year accuracy 13 / 13 met price target	9%upside $470	Market Perform Maintained	8 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about AMP published over the past 30 days

Investors Business Daily

Only 5 Stocks Dodge The Market's Bullet In September

Here's the bad news: September is historically the S&P 500's worst month. The good news?

Only 5 Stocks Dodge The Market's Bullet In September

Financial Advisor with Nearly $150 Million in Assets Joins Ameriprise for Robust Technology and Financial Planning Capabilities

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that Financial Advisor Nathan Brown, AAMS™, CRPC™, CRPS™, recently joined the firm's branch channel from Edward Jones with nearly $150 million in assets. His practice is located in Kalamazoo, Michigan and includes Client Service Associate Kelli Besser. Brown joined Ameriprise for the robust technology platform and enhanced financial planning capabilities. “It became clear that I needed more from my broker-deale.

Financial Advisor with Nearly $150 Million in Assets Joins Ameriprise for Robust Technology and Financial Planning Capabilities

Northern Trust Hedge Fund Services Expands Capabilities to Meet Growing Demand for Energy Investing

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--Northern Trust Hedge Fund Services has enhanced its platform to support asset managers who trade in the energy and physical commodities markets.

Northern Trust Hedge Fund Services Expands Capabilities to Meet Growing Demand for Energy Investing

96 Ameriprise Financial Advisors Named to Forbes “Best-in-State Next-Gen Wealth Advisors” List

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial Inc. (NYSE: AMP) today announced that 96 Ameriprise financial advisors were named to the Forbes “Best-in-State Next-Gen Wealth Advisors” list. Forbes publishes this list recognizing the top advisors under 40 years of age across the country based on several factors including success in the business, compliance records, assets under management and high levels of ethical standards. “We applaud our talented advisors who have been honored by Forbes,.

96 Ameriprise Financial Advisors Named to Forbes “Best-in-State Next-Gen Wealth Advisors” List

Pricefx Announces Accelerate 2024 Agenda and Keynote Speaker

MUNICH & CHICAGO--(BUSINESS WIRE)-- #AI--Pricefx, the global leader in cloud pricing software, today announced it will hold its flagship pricing leadership and customer summit on Sept. 3-5 in Atlanta. Accelerate 2024 brings together more than 500 leaders and inﬂuencers from global, cutting-edge companies to share pricing insights on business transformation, next-generation AI, and industry best practices. Pricefx customers, prospects, and partners will gather together to network, collaborate and lear.

Pricefx Announces Accelerate 2024 Agenda and Keynote Speaker

Financial Advisor with More Than $120 Million in Assets Joins Ameriprise to Elevate the Experience She Provides to Clients

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that financial advisor Karen DeBaker, CFP®, joined a well-established independent Ameriprise practice, Threshold Financial Partners. The team is based in De Pere, Wisconsin, and led by financial advisor Carey Somerville. DeBaker brings 10 years of experience as a financial advisor, most recently with Raymond James, and more than $120 million in client assets. Reflecting on her move, DeBaker said, “I considered.

Financial Advisor with More Than $120 Million in Assets Joins Ameriprise to Elevate the Experience She Provides to Clients

Bitwise Expands Into Europe With Acquisition of ETC Group, Issuer of the Largest Physical Bitcoin ETP in Europe (BTCE)

SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management today announced the acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. The news marks Bitwise's expansion into Europe and adds nine European-listed crypto ETPs to Bitwise's broad suite of ETPs, hedge fund solutions, and separately managed accounts. Founded in 2019, ETC Group's ETP suite includes the largest and most heavily traded physical Bitcoin ETP (BTCE), Ethereum with staking (.

Bitwise Expands Into Europe With Acquisition of ETC Group, Issuer of the Largest Physical Bitcoin ETP in Europe (BTCE)

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Under Armour Securities Litigation

SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Under Armour Securities Litigation: IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND In re UNDER ARMOUR SECURITIES LITIGATION Civil No. RDB-17-388 CLASS ACTION This Document Relates To: ALL ACTIONS. SUMMARY NOTICE TO: ALL PERSONS AND ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED CLASS A AND CLASS C COMMON STOCK OF UNDER ARMOUR, INC. (“UNDER ARMOUR”) BE.

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Under Armour Securities Litigation

Elite Team Managing $1.5 Billion in Assets Joins Ameriprise Financial for Sophisticated Resources to Take Their Practice to the Next Level

MINNEAPOLIS--(BUSINESS WIRE)--Q5 Wealth Management, a financial advisory team managing $1.5 billion in client assets in Beaumont and Houston, Texas, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from UBS Financial Services, Inc. Financial advisors Omar Bitar, Jeremy Saba, Mike Persia, Ed Persia, and Brad Klein conducted an extensive search for a new broker-dealer and chose Ameriprise for the firm's robust resources to elevate their high-net-worth clients' exp.

Elite Team Managing $1.5 Billion in Assets Joins Ameriprise Financial for Sophisticated Resources to Take Their Practice to the Next Level

Eight Ameriprise Financial Advisors Named to Barron's “Top 100 Women Financial Advisors” List

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that eight of the firm's financial advisors were named to Barron's list of the “Top 100 Women Financial Advisors” in the country. Barron's recognizes the industry's top women advisors based on several factors, including levels of professionalism and success in the business. The rankings are created by data provided by thousands of the nation's most successful women advisors. Ameriprise advisors named to the 2024 Barr.

Eight Ameriprise Financial Advisors Named to Barron's “Top 100 Women Financial Advisors” List

See News Rankings