At Ameriprise Financial has been helping people feel confident about their financial future for more than 125 years. With extensive advisory, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs.

Company profile
Ticker
AMP
Exchange
Website
CEO
James Cracchiolo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN EXPRESS FINANCIAL ADVISORS, AMERICAN EXPRESS FINANCIAL CORP, IDS FINANCIAL CORP/MN/
SEC CIK
Corporate docs
Subsidiaries
Ameriprise Certificate Company • AMPF Holding Corporation • American Enterprise Investment Services Inc. • Ameriprise Financial Services, LLC. • Columbia Management Investment Advisers, LLC • RiverSource Life Insurance Company • RiverSource Life Insurance Co. ...
IRS number
133180631
SEC advisor number
801-14721
Address
Ameriprise Financial
1099 AMERIPRISE FINANCIAL CENTER
MINNEAPOLIS
MN 55474
1099 AMERIPRISE FINANCIAL CENTER
MINNEAPOLIS
MN 55474
Phone
612-671-8001
AMP stock data
News

Here's How Much $1000 Invested In Ameriprise Financial 10 Years Ago Would Be Worth Today
12 Aug 22
Binance.US Delists Amp Token That SEC Deemed a Security
2 Aug 22
If You Invested $1000 In This Stock 10 Years Ago, You Would Have $4,800 Today
27 Jul 22
What 8 Analyst Ratings Have To Say About Ameriprise Financial
27 Jul 22
Morgan Stanley Maintains Equal-Weight on Ameriprise Financial, Raises Price Target to $270
27 Jul 22
Press releases
Eight Ameriprise Financial Advisors Named to the Forbes Best-in-State Financial Security Professionals List
2 Aug 22
Advisor with Nearly $150 Million in Assets Joins Ameriprise For Client-Centric Culture and Industry-Leading Technology
28 Jul 22
Ameriprise Financial Declares Regular Quarterly Dividend
26 Jul 22
Ameriprise Financial Reports Second Quarter 2022 Results
26 Jul 22
Ameriprise Financial Announces Schedule for Second Quarter 2022 Investor Conference Call
15 Jul 22
Analyst ratings and price targets
Current price
Average target
$270.00
Low target
$220.00
High target
$320.00
Morgan Stanley
Maintains
$270.00
Piper Sandler
Maintains
$220.00
Evercore ISI Group
Maintains
$320.00
Goldman Sachs
Downgraded
$270.00
Investment data
Top 50 of 3168 long holdings End of quarter 30 Jun 22 |
Value |
#Shares |
---|---|---|
$10.77B | 96.1M | |
$9.41B | 36.68M | |
$7.09B | 52M | |
$6.6B | 3.03M | |
$4.48B | 24.46M | |
$3.79B | 35.72M | |
$3.47B | 19.55M | |
$3.31B | 48.38M | |
$2.62B | 5.4M | |
$2.54B | 22.57M | |
$2.53B | 4.93M | |
$2.38B | 35.17M | |
$2.36B | 7.28M | |
$2.33B | 5.47M | |
$2.2B | 15.18M | |
$2.18B | 29.51M | |
$2.13B | 14.79M | |
$2.08B | 48.84M | |
$2.06B | 7.52M | |
$1.98B | 12.95M | |
$1.93B | 25.08M | |
$1.93B | 61.98M | |
$1.91B | 9.72M | |
$1.89B | 8.88M | |
$1.87B | 47.67M | |
$1.81B | 9.94M | |
$1.77B | 20.65M | |
$1.74B | 4.77M | |
$1.71B | 5.46M | |
$1.68B | 26.77M | |
$1.67B | 31.63M | |
$1.64B | 35.74M | |
$1.64B | 15.06M | |
$1.62B | 17.77M | |
$1.58B | 23.51M | |
$1.56B | 30.13M | |
$1.54B | 39.33M | |
$1.48B | 15.44M | |
$1.45B | 15.69M | |
$1.43B | 19.95M | |
$1.43B | 2.96M | |
$1.4B | 27.66M | |
$1.39B | 8.97M | |
$1.32B | 10.37M | |
$1.31B | 8.68M | |
$1.29B | 17M | |
$1.29B | 4.56M | |
$1.28B | 8.76M | |
$1.27B | 3.36M | |
$1.26B | 7.81M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
1 Aug 22
16 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Jul 22 | Williams Christopher J | Phantom Stock (Retainer Deferral) Common Stock | Grant | Acquire A | No | No | 256.52 | 151.06 | 38.75K | 2,537.958 |
30 Jun 22 | Sweeney Joseph Edward | Common Stock | Payment of exercise | Dispose F | No | No | 237.68 | 267.777 | 63.65K | 10,456 |
30 Jun 22 | Sweeney Joseph Edward | Common Stock | Option exercise | Acquire M | No | No | 0 | 583.777 | 0 | 10,723.777 |
30 Jun 22 | Sweeney Joseph Edward | Phantom Stock Common Stock | Option exercise | Dispose M | No | No | 0 | 583.777 | 0 | 981.486 |
30 Jun 22 | Truscott William F | Common Stock | Payment of exercise | Dispose F | No | No | 237.68 | 404.5 | 96.14K | 10,491 |
30 Jun 22 | Truscott William F | Common Stock | Option exercise | Acquire M | No | No | 0 | 938.5 | 0 | 11,429.5 |
30 Jun 22 | Truscott William F | Phantom Stock Common Stock | Option exercise | Dispose M | No | No | 0 | 938.5 | 0 | 1,612.754 |
Institutional ownership, Q1 2022
83.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 951 |
Opened positions | 88 |
Closed positions | 89 |
Increased positions | 328 |
Reduced positions | 345 |
13F shares | Current |
---|---|
Total value | 26.92B |
Total shares | 89.94M |
Total puts | 372.9K |
Total calls | 179.6K |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 13.68M | $4.11B |
BLK Blackrock | 8.59M | $2.58B |
STT State Street | 5.38M | $1.62B |
Aristotle Capital Management | 4.47M | $1.34B |
JPM JPMorgan Chase & Co. | 3.65M | $1.1B |
BK Bank Of New York Mellon | 2.64M | $793.15M |
Geode Capital Management | 2.33M | $697.93M |
Boston Partners | 2.27M | $683.24M |
Ubs Global Asset Management Americas | 2.02M | $607.14M |
LSV Asset Management | 1.8M | $541.41M |
Financial report summary
?Competition
MS Young Adventure EnterpriseRisks
- The COVID-19 pandemic creates risks and uncertainties for our business.
- Our financial condition and results of operations may be adversely affected by market fluctuations and by economic, political and other factors.
- Changes in interest rates and prolonged periods of low interest rates and even negative interest rates may adversely affect our financial condition and results of operations.
- Adverse capital and credit market conditions or a downgrade in our credit ratings may significantly affect our ability to meet liquidity needs, our access to capital and our cost of capital.
- Intense competition and the economies of scale for larger competitors could negatively impact our ability to maintain or increase our market share and profitability.
- A drop in our investment performance as compared to that of our competitors could negatively impact our revenues and profitability.
- We face intense competition in attracting and retaining key talent.
- The impairment, negative performance or default by other financial institutions or other third parties could adversely affect us.
- We may not be able to maintain our unaffiliated third-party distribution channels and the sale of unaffiliated products may diminish sales of our own products.
- Our valuation of fixed maturity and equity securities may include methodologies, estimations and assumptions which are subject to differing interpretations and could result in changes to investment valuations that may materially adversely impact our results of operations or financial condition.
- The determination of the amount of allowances taken on certain loans and investments is subject to management’s evaluation and judgment and could materially impact our results of operations or financial position.
- Some of our investments are relatively illiquid and we may have difficulty selling these investments.
- The elimination of LIBOR may adversely affect the interest rates on, and value of, certain derivatives and floating rate securities we hold, the activities we conduct, and any other assets or liabilities, the value of which is tied to LIBOR.
- The failure of other insurers could require us to pay higher assessments to state insurance guaranty funds.
- If the counterparties to our reinsurance arrangements default or otherwise fail to fulfill their obligations, we may be exposed to risks we had sought to mitigate, which could adversely affect our financial condition and results of operations.
- If our reserves for future policy benefits and claims or for future certificate redemptions and maturities are inadequate, we may be required to increase our reserve liabilities, which would adversely affect our results of operations and financial condition.
- Our insurance profitability relies on our assumptions including those regarding morbidity rates, mortality rates and benefit utilization as well as the future persistency of our insurance policies and annuity contracts.
- A failure to protect our reputation could adversely affect our businesses.
- Our operational systems and networks (as well as those of our franchise advisors) are subject to evolving cybersecurity or other technological risks, which could result in the disclosure of confidential information, loss of our proprietary information, damage to our reputation, additional costs to us, regulatory penalties and other adverse impacts.
- Protection from system interruptions and operating errors is important to our business. If we experience a sustained interruption to our telecommunications or data processing systems, or other failure in operational execution, it could harm our business.
- Risk management policies and procedures may not be fully effective in identifying or mitigating risk exposure in all market environments, products, vendors, or against all types of risk, including employee and financial advisor misconduct.
- As a holding company, we depend on the ability of our subsidiaries to transfer funds to us to pay dividends and to meet our obligations.
- The operation of our business in foreign markets and our investments in non-U.S. denominated securities and investment products subjects us to exchange rate and other risks in connection with international operations and earnings and income generated overseas.
- The occurrence of natural or man-made disasters and catastrophes could adversely affect our results of operations and financial condition.
- Legal and regulatory actions are inherent in our businesses and could result in financial losses or harm our businesses.
- Our businesses are regulated heavily, and changes to the laws and regulations applicable to our businesses may have an adverse effect on our operations, reputation and financial condition.
- As a Savings and Loan Holding Company, we are subject to supervision by the FRB and various prudential standards that may limit our activities and strategies.
- Changes in corporate tax laws and regulations and changes in the interpretation of such laws and regulations, as well as adverse determinations regarding the application of such laws and regulations, could adversely affect our earnings and could make some of our products less attractive to clients.
- We may not be able to protect our intellectual property and may be subject to infringement claims.
- Changes in and the adoption of accounting standards could have a material impact on our financial statements
Management Discussion
- •The favorable impact of the block transfer reinsurance transaction was $521 million for 2021 primarily reflecting the net realized gains on investments sold to the reinsurer.
- •The favorable impact of unlocking was $17 million for 2021 compared to an unfavorable impact of unlocking and LTC loss recognition of $454 million for the prior year.
- •A positive impact from higher average equity markets compared to the prior year. Our average WEI, which is a proxy for equity movements on AUM, increased 33% in 2021 compared to the prior year. The average S&P 500 index was 33% higher for 2021 compared to the prior year.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
actuarial, bond, broader, capacity, context, downside, geopolitical, guide, inflation, pressure, refine, relieved, risen, shadow, slowly, stabilize, stopped, strain, today
Removed:
accrue, called, cap, compression, deficiency, disability, disruption, economy, emergence, expose, grouped, inception, independent, insurer, interpreted, locked, nonparticipating, occurring, people, pursue, reliable, replaced, sensitive, societal, standardized, suggested, traditional, ultimately, unlocking, unpredictability
Financial reports
Current reports
8-K
Ameriprise Financial Reports Second Quarter 2022 Results
26 Jul 22
8-K
Departure of Directors or Certain Officers
27 Jun 22
8-K
Other Events
13 May 22
8-K
Submission of Matters to a Vote of Security Holders
29 Apr 22
8-K
Ameriprise Financial Reports First Quarter 2022 Results
25 Apr 22
8-K
Departure of Directors or Certain Officers
18 Mar 22
8-K
Ameriprise Financial Reports Fourth Quarter 2021 Results
26 Jan 22
8-K
Ameriprise Financial Reports Third Quarter 2021 Results
26 Oct 21
8-K
Ameriprise Financial Reports Second Quarter 2021 Results
26 Jul 21
8-K
Columbia Threadneedle Announces Planned Global Chief Investment Officer Transition
30 Jun 21
Registration and prospectus
424B2
Prospectus for primary offering
11 May 22
FWP
Free writing prospectus
10 May 22
424B5
Prospectus supplement for primary offering
10 May 22
S-3ASR
Automatic shelf registration
26 Feb 21
S-8
Registration of securities for employees
3 Jun 20
424B2
Prospectus for primary offering
1 Apr 20
FWP
Free writing prospectus
31 Mar 20
424B5
Prospectus supplement for primary offering
31 Mar 20
424B2
Prospectus for primary offering
13 Mar 19
FWP
Free writing prospectus
12 Mar 19
Proxies
DEFA14A
Additional proxy soliciting materials
18 Mar 22
DEFA14A
Additional proxy soliciting materials
19 Mar 21
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEFA14A
Additional proxy soliciting materials
20 Mar 20
DEFA14A
Additional proxy soliciting materials
10 Apr 19
DEF 14A
Definitive proxy
15 Mar 19
DEFA14A
Additional proxy soliciting materials
5 Apr 18
Other
UPLOAD
Letter from SEC
26 Jan 16
CORRESP
Correspondence with SEC
29 Dec 15
UPLOAD
Letter from SEC
15 Dec 15
UPLOAD
Letter from SEC
28 Jan 15
CORRESP
Correspondence with SEC
8 Jan 15
UPLOAD
Letter from SEC
9 Dec 14
UPLOAD
Letter from SEC
18 Dec 13
CORRESP
Correspondence with SEC
16 Dec 13
UPLOAD
Letter from SEC
4 Dec 13
CORRESP
Correspondence with SEC
9 Oct 13
Ownership
13F-HR
Quarterly holdings report by institutional manager
15 Aug 22
SC 13G/A
Stevanato Group S.p.A. / AMERIPRISE FINANCIAL ownership change
10 Aug 22
4
AMERIPRISE FINANCIAL / CHRISTOPHER J WILLIAMS ownership change
29 Jul 22
3
AMERIPRISE FINANCIAL / Dawn M. Brockman ownership change
8 Jul 22
4
AMERIPRISE FINANCIAL / WILLIAM F TRUSCOTT ownership change
5 Jul 22
4
AMERIPRISE FINANCIAL / Joseph Edward Sweeney ownership change
5 Jul 22
11-K
Annual report of employee stock purchases
29 Jun 22
3
AMERIPRISE FINANCIAL / HEATHER J. MELLOH ownership change
27 Jun 22
13F-HR
Quarterly holdings report by institutional manager
16 May 22
SC 13G/A
Eiger BioPharmaceuticals / AMERIPRISE FINANCIAL ownership change
11 May 22
Patents
Utility
Opportunity List Engine
6 May 20
A method includes receiving, via a network interface of a computing device, one or both of historical sales data and a selection of a client, determining likelihoods of the client purchasing each of a plurality of products, and generating, at the computing device, scheduling data based on a sales production metric indicated by a portion of the historical sales data associated with a particular advisor and based on a sales opportunity indicated by at least one of the likelihoods that is associated with a particular product.
Utility
Opportunity list engine
3 Feb 20
A method includes receiving a selection of a particular client (or advisor) and determining likelihoods of the selected client (or clients associated with the selected advisor) purchasing products based on the one or more factors correlating previous purchasers of the products.
Transcripts
2022 Q2
Earnings call transcript
27 Jul 22
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
27 Oct 21
2021 Q2
Earnings call transcript
27 Jul 21
2021 Q1
Earnings call transcript
27 Apr 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
29 Oct 20
2020 Q2
Earnings call transcript
31 Jul 20
2020 Q1
Earnings call transcript
8 May 20
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