Company Overview
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.
Company Information
- CEO
- James M. Cracchiolo CPA
- Sector
- Financial Services
- Industry
- Asset Management
- Employees
- 13600
Contact Information
- Website
- https://www.ameriprise.com
- Address
- 55 Ameriprise Financial Center
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 48.73B market capitalization
- Trading Volume: 466.59K shares traded today
- Price Range: 52-week range of $396.14 - $582.05
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Ameriprise Financial, Inc.
Ameriprise Financial, Inc. (AMP) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 48.73B, the company represents a significant player in its market. The stock is currently trading at $516.89 with a positivedaily change of 1.06%.
The company's 13600 employee base and presence on the New York Stock Exchangeexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 16.12, beta of 1.23, and 52-week price range from $396.14 to $582.05when evaluating investment opportunities.
Why Invest in Ameriprise Financial, Inc.?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under James M. Cracchiolo CPA
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.