Ameriprise Financial, Inc. (AMP)

In the past six months, Ameriprise Financial stock experienced several notable events. In January 2025, the company reported record results for Q4 2024 and full year 2024. In April 2025, the company reported strong first-quarter 2025 results, increased its quarterly dividend, and authorized a new share repurchase program. In May 2025, Ameriprise Financial launched the Signature Wealth Program. Analyst sentiment was mixed but generally positive. As of June 27, 2025, the share price was $528.07, with the stock gaining 3.8% over the past three months.

Demand for wealth management services is influenced by market performance and investor sentiment. Cash balances in Advice & Wealth Management decline in Q1, reflecting normal seasonal patterns. Demand for annuities and insurance products may be influenced by economic trends and individual financial planning cycles. Ameriprise's diversified business model helps it weather market fluctuations, with a focus on retirement-related financial planning driving consistent demand.

Ameriprise Financial, Inc. is a diversified financial services and bank holding company based in Minneapolis, Minnesota. It operates in the investment banking and investment services industry, with a strong presence in asset and wealth management. The company provides a comprehensive range of financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning. Its services are categorized into Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. As of April 2022, over 80% of the company's revenue was derived from wealth management.

Ameriprise Financial operates in the United States and internationally, with its headquarters in Minneapolis, Minnesota, and corporate sites across the U.S. and globally. Columbia Threadneedle Investments, its asset management arm, operates globally. The company has expanded its footprint by opening new employee advisor offices in key U.S. markets and a new corporate office in Charlotte, North Carolina. Strategic acquisitions, such as BMO's EMEA asset management business, have boosted its international presence.

Ameriprise Financial has maintained a strong brand reputation, earning accolades such as Kiplinger Readers' Choice Awards and recognition from Hearts & Wallets and Forrester's U.S. Customer Trust Index. It was also recognized by Forbes as one of "America's Best Companies" and Newsweek as one of "America's Greatest Workplaces for Women 2024". In April 2025, 515 Ameriprise Financial advisors were named to Forbes "Best-in-State Wealth Advisors" List. The company emphasizes its commitment to an exceptional client experience built on trust and sophisticated financial solutions.

Ameriprise Financial, Inc. is primarily owned by institutional shareholders, with 2,281 institutional owners holding a total of 97,654,056 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., JPMorgan Chase & Co., and State Street Corp. The largest individual shareholder is Berkshire Hathaway Inc., owning 54.24 million shares, representing 56.97% of the company.