Ameriprise FinancialAMP
AMP
About: Ameriprise Financial is a major player in the US market for asset and wealth management, with around $1.5 trillion in total assets under management and administration at the end of 2024. With about 10,500 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.
Employees: 13,800
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
240% more first-time investments, than exits
New positions opened: 187 | Existing positions closed: 55
117% more call options, than puts
Call options by funds: $105M | Put options by funds: $48.4M
33% more funds holding in top 10
Funds holding in top 10: 18 [Q3] → 24 (+6) [Q4]
9% more capital invested
Capital invested by funds: $40.1B [Q3] → $43.8B (+$3.71B) [Q4]
6% more funds holding
Funds holding: 1,240 [Q3] → 1,314 (+74) [Q4]
2.06% less ownership
Funds ownership: 87.0% [Q3] → 84.94% (-2.06%) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 409 | Existing positions reduced: 469
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$442
17%
downside
Avg. target
$546
3%
upside
High target
$625
18%
upside
3 analyst ratings
1 positive
33%
1 neutral
33%
1 negative
33%
RBC Capital Kenneth Lee 84% 1-year accuracy 47 / 56 met price target | 18%upside $625 | Outperform Reiterated | 3 Feb 2025 |
Keefe, Bruyette & Woods Ryan Krueger 86% 1-year accuracy 18 / 21 met price target | 7%upside $570 | Market Perform Maintained | 3 Feb 2025 |
Piper Sandler John Barnidge 71% 1-year accuracy 34 / 48 met price target | 17%downside $442 | Underweight Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 14 articles about AMP published over the past 30 days
Neutral
Business Wire
1 day ago
Ameriprise Financial Appoints Glynis A. Bryan to Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that Ms. Glynis A. Bryan has been appointed to its board of directors, effective March 1, 2025. Ms. Bryan served as the chief financial officer of Insight Enterprises Inc. (NASDAQ: NSIT), a global software and technology solutions integrator, from 2007 through 2024. Prior to joining Insight, she served as the executive vice president and chief financial officer of Swift Transportation, Co. and as chief financia.
Positive
Market Watch
2 days ago
These 12 stocks could be big winners if they make this one key move
Stock splits make companies more attractive investments and boost share prices. Here's how to find likely candidates.
Neutral
Business Wire
1 week ago
Advisor with $130 Million Joins Ameriprise from LPL to Meet Clients' Unique Needs and Create Practice Efficiencies
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Jeff Impey, CFP ®, recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial with $130 million in assets in Roseville, California. Impey joined Ameriprise for the opportunity to partner with a client-focused firm that offers extensive support and resources. “I wanted to align with a firm that would make it easier to provide more personalized service for my clients and has practice management resources to help.
Neutral
Business Wire
2 weeks ago
Advisor with $110 Million Joins Ameriprise Financial Citing Impressive Wealth Management Platform and Support Resources
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Ronnie Sansom, CFP®, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Edward Jones with $110 million in assets. His practice is located in Andalusia, Alabama and includes Branch Administrator Karen Philpott. Reflecting on the transition, Sansom cited several reasons why Ameriprise was his top choice: Financial planning: “The firm's longstanding focus and dedication to comprehensive financial planning mirrors m.
Positive
Zacks Investment Research
3 weeks ago
Here's Why Ameriprise Financial Services (AMP) is a Strong Momentum Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Neutral
Seeking Alpha
3 weeks ago
Ameriprise Financial, Inc. (AMP) Q4 2024 Earnings Call Transcript
Ameriprise Financial, Inc. (NYSE:AMP ) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Stephanie Rabe – Investor Relations Jim Cracchiolo – Chairman and Chief Executive Officer Walter Berman – Chief Financial Officer Conference Call Participants Suneet Kamath – Jefferies Brennan Hawken – UBS Financial Michael Anagnostakis – Wolfe Research John Barnidge – Piper Sandler Wilma Burdis – Raymond James Ryan Krueger – KBW Kenneth Lee – RBC Capital Markets Michael Cyprys – Morgan Stanley Operator Welcome to the Q4 2024 Earnings Call. My name is Mark, and I will be your operator for today's call.
Positive
Zacks Investment Research
3 weeks ago
Here's Why Ameriprise Financial Services (AMP) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Positive
Zacks Investment Research
3 weeks ago
Ameriprise's Q4 Earnings Beat on Higher Revenues & AUM, Expenses Rise
A rise in revenues and higher AUM and AUA balances support AMP's Q4 earnings.
Positive
Zacks Investment Research
3 weeks ago
Ameriprise (AMP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Ameriprise (AMP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
3 weeks ago
Ameriprise Financial Services (AMP) Tops Q4 Earnings and Revenue Estimates
Ameriprise Financial Services (AMP) came out with quarterly earnings of $9.36 per share, beating the Zacks Consensus Estimate of $8.94 per share. This compares to earnings of $7.75 per share a year ago.
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