Ameriprise Financial IncAMP
What Ameriprise Financial Inc does.
Ameriprise Financial, Inc. is a diversified financial services company with a more than 130-year history of providing solutions to help clients confidently achieve their financial objectives. Ameriprise Financial, Inc. is a holding company incorporated in Delaware that primarily engages in business through its subsidiaries. Accordingly, references to “Ameriprise,” “Ameriprise Financial,” the “Company,” “we,” “us,” and “our” may refer to Ameriprise Financial, Inc. exclusively, to our entire family of companies, or to one or more of our subsidiaries.
We are a long-standing leader in financial planning and advice offering a broad range of products and services designed to assist individual and institutional clients achieve their financial objectives. Our strategy is centered on helping clients confidently achieve their goals by providing holistic advice and by managing and protecting their assets and income. We carry out our strategy through two primary go-to-market approaches: Wealth Management and Asset Management.
Our wealth management business is the primary growth engine of Ameriprise with a significant market opportunity. We are in a compelling position to capitalize on significant long-term demographic and market trends driving increased demand for financial advice and solutions. In the United States (“U.S.”), the ongoing transition of baby boomers into retirement, as well as younger generations currently building their wealth and planning for retirement, continues to drive demand for financial advice and solutions. Our primary target market is households with $500,000 to $5,000,000 in investable assets. We are also well-suited to serve those outside this asset range as we also offer products and services designed for higher-net worth households.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $12.0B | $13.4B | $14.3B | $16.1B | $17.9B | $18.9B |
| Net income | $1.5B | $3.4B | $3.1B | $2.6B | $3.4B | $3.6B |
| Free cash flow | $4.5B | $3.2B | $4.2B | $4.5B | $6.4B | $8.2B |
More on AMP.
- Ameriprise Financial Inc summary
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- Ameriprise Financial Inc earnings
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- Ameriprise Financial Inc valuation
- Ameriprise Financial Inc ownership and insiders
- Ameriprise Financial Inc peers
Figures from Ameriprise Financial Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.